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ema_uk_he_slack_opsman_4_Student Resources_Chapter 6_ Supply network design (+ Fore_Multiple choice questions

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    Home > Student Resources > Chapter 6: Supply network design (+... > Multiple choice questions > Chapter 6: Supply network design (+... Multiple choice questions Try the following questions to test your knowledge of this chapter. After you have answered thequestions, click on 'Submit Answers for Grading' to get your results. 1 .  Vertical integration is: Reducing the number of direct suppliers The purchase of competitor businesses The extent to which an organisation owns the network of which it ispart Increasing the number of customers 2 .  Second-tier suppliers in Company A network are: Stand by suppliers of goods to Company A Suppliers of “non-core” goods directly to Company A Suppliers of goods/services to companies that, in turn, supplyCompany A Suppliers of goods directly to Company A 3 .  According to Lord Sieff of Marks and Spencer what are the three mostimportant things in retailing? Quality goods, keen prices and helpful staff  Quality suppliers, quality shops and quality staff  Customers, Staff and Quality Goods Location, location, location 4 .  The centre-of-gravity method to find a location for a factory works by:   Locating in a place which minimizes total transport costs to and fromthe location Locating near to the main supplier  Locating near to a cluster of suppliers Locating near to the main customer  5 .  An advantage of a capacity lagging strategy is that: No ability to exploit short-term increases in demand Over-capacity problems are minimized if forecasts are optimistic Always sufficient capacity to meet demand Utilization of the plants is always relatively low 6 .  Factors affecting the location decision include: Labour costs / land availability / capacity planning Labour costs / land availability / environmental restrictions Sales forecasts / road access / land cost Sales forecasts / capacity planning / road access Land cost / skills availability / capacity planning 7 .  Which of the following statements would be considered as incorrect?The decision to locate a business in a particular place may depend on: The centre of gravity in relation to customers and suppliers The most efficient arrangement of equipment within existingfacilities The availability and cost of labour  The cost and availability of land The potential for effective capacity management strategiesPersonal considerations on the part of those making the decision    8 .  A demand forecast predicts:  A company’s profitability A company’s output A company’s capacity requirements A company’s sales A company’s material funding requirements 9 .  Sales of computers over the last five months were January 34 / February37 / March 28 / April 37 / May 39. What is the difference between thethree-month moving average forecast for May and the actual sales? 3 4 5 6 7 10 .  Sales of radios over the last five months were January 34 / February 37 /March 28 / April 37 / May 39. What is the difference between the three-month moving average forecast for April and the actual sales? 3 4 5 6 7 11 .  Sales of A4 white paper reams for the last six months were March (250), April (280), May (290), June (270), July (250), August (230). What is the4 month moving average forecast for September? 230

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Jul 23, 2017

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Jul 23, 2017
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