University Level Facility Optimization Quiz

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20 Questions

What is the discipline focused on determining the optimal location and size of facilities and the flow through these facilities called?

Supply chain network design

In a supply chain, what are the main activities associated with the movement of goods?

Movement, storage, and transformation

Which decision area is NOT related to supply chain network design?

Manufacturing process optimization

What does supply chain network design primarily aim to optimize?

Cost-effective facility location

Which term best describes the function of determining the best routes for transportation within a supply chain?

Transport optimization

Why do firms try to consolidate and limit the number of facilities in their supply chain network?

All of the above

What is the primary purpose of the order fill rate in a supply chain?

Customer demands that are met from stock

How can inbound transportation costs be described in comparison to outbound transportation costs?

Inbound lot sizes are typically larger than outbound lot sizes

What does maximizing the order fill rate aim to achieve in a supply chain?

Maximizing order fill rate

What is the purpose of the objective function in network design?

Compare one solution to another

What is the primary role of the physical supply chain?

To get the product from the source to the final point of consumption

Which activities are considered as main network activities within the supply chain?

Movement, storage, and transformation

What aspect of supply chain network design has a significant effect for a relatively long period of time?

Decisions relating to the network structure

Why is network integration important in supply chain management?

To improve customer service levels

What percentage of a supply chain’s cost structure is determined by network design?

80%

What type of decisions are made involving supply chain network design?

Location and size of stocking points

What are the key considerations in supply chain network design?

Availability of sources of supply and target market locations

What is the purpose of supply chain network design?

Optimizing network structure and process flow

What is one of the primary focuses when determining the optimal location and size of facilities in a supply chain network?

Availability of sources of supply

How does supply chain network design relate to an organization's competitiveness?

By impacting the cost structure and operational efficiency

Test your knowledge with 15 multiple-choice questions related to determining optimal facility locations, sizes, and flow in supply chain networks. Each question comes with answers and detailed explanations.

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