Supply Chain Management Midterm Exam Questions (PLUS ●)

Finally, Leo switches to a Pull Process , where production only starts when a real customer places an order, making the system "reactive" rather than "speculative".

Hypothesis 3: Insurance fraud. The deviation is a false flag to trigger a “constructive total loss” claim. The cargo is over-insured, and the ship’s owner is financially distressed. Impact: The automotive factory discovers its tier-3 supplier for microchips was on that vessel. With no chips, production halts for 11 days, triggering a $9.2 million loss and a force majeure declaration. supply chain management midterm exam questions

Answer: C (Order processing fees are part of ordering/setup costs). Finally, Leo switches to a Pull Process ,

A premium smartphone manufacturer launches a highly innovative product with unpredictable demand. Should they design a responsive or an efficient supply chain? Explain your reasoning based on Fisher’s product classification. Answer: They must design a responsive supply chain. The cargo is over-insured, and the ship’s owner

Given actual demand and forecast below, calculate the Mean Absolute Deviation (MAD) for periods 2–4.