COVID-19 Vaccine Supply Chain Challenges
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Questions and Answers

Outbound Logistics is also known as?

  • Upstream
  • Reverse
  • Downstream (correct)
  • Green

    • The 3 C's in business are Company, Customer and?

  • Carrier
  • Creditors
  • Competitor (correct)
  • Cycle

    • ______ is a qualitative technique of demand forecasting.

  • Regression
  • Delphi Method (correct)
  • Moving average
  • Exponential smoothing

    • COFC stands for?

    <p>Container on Flat Car</p> Signup and view all the answers

    Inter Modal Transportation which combines Air & Road is?

    <p>Piggy Back</p> Signup and view all the answers

    _______ warehouses are licensed by the government to store goods prior to payment of taxes.

    <p>Bonded</p> Signup and view all the answers

    Total cost approach is extension of?

    <p>Extension of ABC &amp; MBC both</p> Signup and view all the answers

    RORO is a type of?

    <p>Shipping vessel</p> Signup and view all the answers

    A network of highways connecting India's 4 Metropolitan cities is called?

    <p>Golden Quadrilateral</p> Signup and view all the answers

    Elimination of waste is an important characteristic of ______ supply chain?

    <p>Lean</p> Signup and view all the answers

    Lack of communication between members of the supply chain leads to Bullwhip effect.

    <p>True</p> Signup and view all the answers

    Customer service is a process of providing significant value added benefits to the supply chain in a cost-effective way.

    <p>True</p> Signup and view all the answers

    Time series is a qualitative method of demand forecasting.

    <p>False</p> Signup and view all the answers

    When the ownership of the warehouse is with the company it is called a Public warehouse.

    <p>False</p> Signup and view all the answers

    Geographical flexibility is high in Private warehouses.

    <p>False</p> Signup and view all the answers

    The purpose of material handling is to reduce total efforts and arrive at an optimal cost.

    <p>True</p> Signup and view all the answers

    SDE analysis stands for Seasonable - Desirable - Essential.

    <p>False</p> Signup and view all the answers

    In Milk run operation a single truck delivers shipment from a single supplier to multiple retailers.

    <p>True</p> Signup and view all the answers

    EDI refers to storage and Communication of data in electronic form.

    <p>False</p> Signup and view all the answers

    Lean supply chain works best in a high volume, low variety, and predictable environment.

    <p>True</p> Signup and view all the answers

    What is logistical performance measurement?

    <p>Logistical performance measurement involves assessing the efficiency and effectiveness of logistics operations.</p> Signup and view all the answers

    What are the elements of logistics internal performance measurement?

    <p>Elements include inventory accuracy, order accuracy, cycle time, and transportation efficiency.</p> Signup and view all the answers

    Explain Inbound and Outbound logistics.

    <p>Inbound logistics involves transporting raw materials to a company, while outbound logistics involves delivering finished goods to customers.</p> Signup and view all the answers

    Calculate a 3 period weighted moving average from 4th Month to 8th Month with weights as 3, 2 and 1. | Period (Month) | Demand in Units | 1 | 200 | 2 | 220 | 3 | 230 | 4 | 250 | 5 | 260 | 6 | 270 | 7 | 290 | 8 | _____

    <p>300</p> Signup and view all the answers

    Compare Public and Private Warehousing.

    <p>Public warehousing is operated by third parties and offers storage services to multiple clients, while private warehousing is owned by companies for their exclusive use.</p> Signup and view all the answers

    Explain the concept of Mission Based Costing (MBC).

    <p>MBC is a costing system focused on the goals of different missions and projects rather than just expenses.</p> Signup and view all the answers

    What are the benefits of logistical outsourcing?

    <p>Benefits include cost savings, access to expertise, and improved efficiency.</p> Signup and view all the answers

    Differentiate between 3PL and 4PL Logistics.

    <p>3PL (Third-party Logistics) focuses on transportation and warehousing, whereas 4PL (Fourth-party Logistics) offers a more comprehensive oversight of the entire supply chain.</p> Signup and view all the answers

    What is Primary, Secondary & Tertiary Packaging?

    <p>Primary packaging is the immediate packaging of a product, secondary packaging groups primary packages, and tertiary packaging is used for bulk handling and transport.</p> Signup and view all the answers

    Define EOQ.

    <p>EOQ (Economic Order Quantity) is the optimal order quantity that minimizes total inventory costs.</p> Signup and view all the answers

    What is the formula to calculate EOQ?

    <p>The EOQ formula is: $EOQ = ext{sqrt} rac{2DS}{H}$, where D is demand, S is ordering cost, and H is holding cost.</p> Signup and view all the answers

    Explain logistics parks and deep water ports.

    <p>Logistics parks are strategically located hubs for distribution, while deep water ports accommodate large vessels for global shipping.</p> Signup and view all the answers

    Define material handling.

    <p>Material handling involves the movement, protection, storage, and control of materials throughout manufacturing, warehousing, distribution, consumption, and disposal.</p> Signup and view all the answers

    State the principles for designing effective LIS (Information Functionality).

    <p>Principles include accuracy, accessibility, security, and integration.</p> Signup and view all the answers

    Study Notes

    COVID-19 Vaccine Supply Chain Challenges

    • As of September 27, 2021, 6.1 billion doses of COVID-19 vaccines had been administered globally.
    • The rapid development of COVID-19 vaccines created a complex task for healthcare systems to maintain the vaccine supply chain for their populations.
    • The COVID-19 vaccine supply chain faces multiple challenges:
      • Scale: The global need for vaccines requires massive production and distribution.
      • Traceability: Tracking vaccine doses throughout the supply chain is crucial for safety and accountability.
      • Speed: The urgency of vaccination efforts demands swift delivery to populations.
      • Temperature Control: Many vaccines need to be stored and transported at specific temperatures.
      • Safety and Security: Maintaining the integrity and security of the vaccine supply chain is essential.
      • Global Nature: Vaccines are distributed across continents, requiring international coordination.
    • The scientific community must address all these challenges simultaneously.

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    Description

    This quiz explores the complexities of maintaining the COVID-19 vaccine supply chain. Covering aspects like scale, traceability, speed, temperature control, and global coordination, it highlights the critical challenges faced by healthcare systems. Test your understanding of these essential elements in the fight against the pandemic.

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