Operations and Supply Chain Management Quiz
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Questions and Answers

What is the primary focus of chapter 23 in the operations and supply chain management book?

  • Transportation management
  • Inventory management and control (correct)
  • Quality management in supply chain
  • Demand forecasting techniques

    • Which of the following is a key consideration in supply chain network design?

  • Minimizing supplier diversity
  • Maximizing individual product profit
  • Standardizing all transportation modes
  • Optimal location of warehouses (correct)

    • What is the purpose of using the Economic Order Quantity (EOQ) model in inventory management?

  • Maximize order frequency
  • Maximize holding costs
  • Minimize order quantity
  • Minimize total inventory costs (correct)

    • Which of the following is a key characteristic of the Economic Order Quantity (EOQ) model?

    <p>Minimizes total inventory costs by determining the optimal order quantity</p> Signup and view all the answers

    What is the primary focus of supply chain network design?

    <p>Optimizing the location and capacity of production facilities and distribution centers</p> Signup and view all the answers

    What does the bullwhip effect in supply chain management refer to?

    <p>Amplification of demand fluctuations as orders move upstream in the supply chain</p> Signup and view all the answers

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