These questions test your ability to apply theory to real-world scenarios:
: The ultimate goal of SCM is to improve customer satisfaction while reducing operational costs . supply chain management midterm exam questions
In a pure "pull" supply chain model, production is initiated by: A) A sales forecast for the next quarter B) A warehouse reaching its minimum stock level C) An actual customer order D) A seasonal promotion plan These questions test your ability to apply theory
| Period | Actual | Forecast | |--------|--------|----------| | 1 | 100 | 100 | | 2 | 110 | 105 | | 3 | 120 | 115 | | 4 | 130 | 125 | supply chain management midterm exam questions
In a two-echelon supply chain with centralized forecasting, which benefit is expected? A) Increased bullwhip effect B) Reduced forecasting error due to aggregation C) Higher total safety stock vs decentralized D) Longer lead times