Podcast
Questions and Answers
What is the discipline focused on determining the optimal location and size of facilities and the flow through these facilities called?
What is the discipline focused on determining the optimal location and size of facilities and the flow through these facilities called?
- Network optimization
- Facility planning
- Logistics management
- Supply chain network design (correct)
In a supply chain, what are the main activities associated with the movement of goods?
In a supply chain, what are the main activities associated with the movement of goods?
- Manufacturing, distribution, and retailing
- Sourcing, procurement, and inventory management
- Movement, storage, and transformation (correct)
- Marketing, sales, and customer service
Which decision area is NOT related to supply chain network design?
Which decision area is NOT related to supply chain network design?
- Transportation modes selection
- Customer service levels
- Inventory policy decisions
- Manufacturing process optimization (correct)
What does supply chain network design primarily aim to optimize?
What does supply chain network design primarily aim to optimize?
Which term best describes the function of determining the best routes for transportation within a supply chain?
Which term best describes the function of determining the best routes for transportation within a supply chain?
Why do firms try to consolidate and limit the number of facilities in their supply chain network?
Why do firms try to consolidate and limit the number of facilities in their supply chain network?
What is the primary purpose of the order fill rate in a supply chain?
What is the primary purpose of the order fill rate in a supply chain?
How can inbound transportation costs be described in comparison to outbound transportation costs?
How can inbound transportation costs be described in comparison to outbound transportation costs?
What does maximizing the order fill rate aim to achieve in a supply chain?
What does maximizing the order fill rate aim to achieve in a supply chain?
What is the purpose of the objective function in network design?
What is the purpose of the objective function in network design?
What is the primary role of the physical supply chain?
What is the primary role of the physical supply chain?
Which activities are considered as main network activities within the supply chain?
Which activities are considered as main network activities within the supply chain?
What aspect of supply chain network design has a significant effect for a relatively long period of time?
What aspect of supply chain network design has a significant effect for a relatively long period of time?
Why is network integration important in supply chain management?
Why is network integration important in supply chain management?
What percentage of a supply chain’s cost structure is determined by network design?
What percentage of a supply chain’s cost structure is determined by network design?
What type of decisions are made involving supply chain network design?
What type of decisions are made involving supply chain network design?
What are the key considerations in supply chain network design?
What are the key considerations in supply chain network design?
What is the purpose of supply chain network design?
What is the purpose of supply chain network design?
What is one of the primary focuses when determining the optimal location and size of facilities in a supply chain network?
What is one of the primary focuses when determining the optimal location and size of facilities in a supply chain network?
How does supply chain network design relate to an organization's competitiveness?
How does supply chain network design relate to an organization's competitiveness?