Chain Management Midterm Exam Questions - Supply
Economic Order Quantity (EOQ).
Expect more quantitative problems including EOQ calculations, reorder point determination, and aggregate planning. Case studies become more complex.
Zara (Inditex). They design, produce, and ship new fashion trends to global stores within weeks, prioritizing speed over low manufacturing costs. Question 2: The Bullwhip Effect
As you prepare for your midterm, your instructor will likely focus on testing your ability to analyze complex scenarios rather than just defining terms. This guide provides a breakdown of common supply chain management midterm exam questions, categorized by key topics, to help you prepare effectively. 1. Fundamentals of Supply Chain Strategy supply chain management midterm exam questions
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Balances holding costs and ordering costs to find the optimal order size.
EOQ=2×10,000×502=500,000≈707.11 unitscap E cap O cap Q equals the square root of the fraction with numerator 2 cross 10 comma 000 cross 50 and denominator 2 end-fraction end-root equals the square root of 500 comma 000 end-root is approximately equal to 707.11 units Economic Order Quantity (EOQ)
A distributor sells 20,000 units of an industrial component annually. The cost to place an order is $150. The annual holding cost per unit is 20% of the unit purchase price of $50. Calculate the Economic Order Quantity (EOQ).
Ultimate Supply Chain Management Midterm Exam Guide: Top Questions and Answers
Once local demand materializes in specific countries (e.g., Germany or France), the regional warehouse will perform the final packaging by adding the specific power supply and manual. Zara (Inditex)
In the context of the SCOR model, the "Source" process does NOT include which of the following activities?
Mastering a Supply Chain Management (SCM) midterm requires a strong grasp of both high-level strategies and detailed calculations. This comprehensive guide compiles essential exam questions, detailed answers, and core formulas to help you study effectively. Part 1: Strategic Foundations & Core Concepts Question 1: Efficient vs. Responsive Supply Chains
Midterm questions often assess your understanding of how companies structure their supply chains:
