Supply Chain Management Midterm Exam Questions !exclusive! -

This is typically the most math-heavy section of the midterm. Students are expected to apply formulas for Economic Order Quantity (EOQ) and calculate Reorder Points (ROP).

Hypothesis 2: Cargo reconfiguration. The southward route aligns with a transshipment hub in Lazaro Cardenas. The carrier is secretly splitting the load—rerouting 4,000 TEUs of lower-priority goods to a slower rail intermodal, while 11,000 TEUs of high-priority electronics get an express slot on a sister ship that left two days later. Impact: The Ohio factory receives its engine control units on time, but the auxiliary components (seat foam, bolts) arrive five days late. The factory must air-freight 2 tons of bolts at 40x the original cost.

Be ready to graph the relationship between inventory costs and transport costs, or the relationship between responsiveness and efficiency. Professors love grading visual understanding.

Efficient supply chains focus on minimizing costs (best for functional products like milk or toothpaste). Responsive supply chains focus on speed and flexibility (best for innovative products like fashion apparel or tech gadgets). supply chain management midterm exam questions

The management of the flow of goods, services, financials, and information from raw material suppliers to the final customer. Logistics vs. SCM:

"Compare moving average, exponential smoothing, and trend projection methods. When is each appropriate?"

When regional demand is known, the DC pairs the generic printer with the correct regional power cord, local user manuals, and localized retail packaging. This is typically the most math-heavy section of the midterm

Most university-level SCM midterms cover the foundational first half of the semester. Expect questions to span these five primary areas: 1. Strategic Alignment and Frameworks

The optimal order size that minimizes total holding and ordering costs.

A clothing retailer is facing high inventory costs and frequent stockouts of popular items. Customers are complaining, and sales are dropping. The southward route aligns with a transshipment hub

A standard SCM midterm typically covers foundational topics such as , forecasting , and strategic sourcing . 1. Core Definitions & Strategy

Explain the trade-off between the "Facilities" driver and the "Transportation" driver when choosing between a centralized warehouse model and a decentralized warehouse model.