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ISM521C-INTRO TO SUPPLY CHAIN MANAGEMENT-1ST OPP-JUNE 2022 |
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" nAmI BIA unIVERSITY
OF SCIEnCE Ano TECHnOLOGY
FACULTYOFCOMMERCEH, UMANSCIENCESAND EDUCATION
CENTRE FOR ENTERPRISE DEVELOPMENT (CED)
QUALIFICATION CODE : 06DBPM
COURSE CODE: ISM521C
LEVEL: 6
COURSE NAME: INTRODUCTION TO SUPPLY
CHAIN MANAGEMENT
DATE: JUNE 2022
MODE: PM
DURATION: 3 HOURS
MARKS: 100
EXAMINERS:
FIRST OPPORTUNITY EXAMINATION QUESTION PAPER
Ms H. NUUYANDJA
MODERATOR: Ms G. TSHOOPARA
INSTRUCTIONS
1. Answer ALL the questions.
2. Write clearly and neatly.
3. Number the answers correctly.
PERMISSIBLE MATERIALS
1. Examination paper
2. Examination script
THIS QUESTION PAPER CONSISTS OF 5 PAGES (INCLUDING THIS FRONT PAGE)
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QUESTION 1: MULTIPLE CHOICE QUESTIONS
[2X10]
1.1 Encompassesall activities associated with the flow and transformation of goods
from the raw material stage through to the end user as well as the associated
information flows.
a) production line
b) supply chain
c) marketing channel
d) warehouse
1.2 Which of the following is true for supply chain management?
a) The physical material moves in the direction of the end of chain
b) Flow of cash backwards through the chain
c) Exchange of information moves in both the direction
d) All of the above
1.3 Company A makes widgets and sells them to Company B, who incorporates some
software and other materials to produce gadgets. Company B sells these gadgets to
Company C, the end user. Which is the best statement regarding the relationship
among Companies A, B, and C?
a) Company Bis upstream from Company A.
b) Company C is downstream from both Company A and Company B.
c) Company A is a first tier supplier for Company C.
d) Company Bis a second tier supplier of Company A
1.4 In today's supply chain, there has been a shift in the power structure in a chain
towards?
a) Raw-material suppliers
b) Distributors
c) Manufacturers
d) Retailers
e) Third-party logistics service providers
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1.5 Logistics is the term for which activities?
a) Procurement of raw materials
b) Distribution of goods to customers
c) Accounting for raw materials in transit
d) All of the above
1.6 You order a box of pencils from an office supply store and use them one-by-one until
they are all gone. The pencils in your possession are:
a) Transit inventory
b) Anticipation inventory
c) Safety stock
d) Cycle stock
1.7 Which statement regarding typical supply chain flows is best?
a) The flow of goods and information goes both ways
b) The flow of goods is downstream and the flow of information is upstream
c) The flow of goods is upstream and the flow of information is downstream
d) The flow of goods is downstream but information is held by all companies
1.8 Which is a characteristic of Just-in-Time purchasing and production?
a)
Many suppliers
b)
Remote suppliers
c)
Short-term contracts
d)
Frequent deliveries made as needed
1.9 Logistic network that moves materials from suppliers to manufacturing unit is
classified as
a) Inbound distribution
b) Outbound distribution
c) Forward distribution
d) Reverse distribution
1.10 Due to small change in customer demands, inventory oscillations become
progressively larger looking through the supply chain. This is known as .............
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a) Bullwhip effect
b) Netchain analysis
c) Reverse logistics
d) Reverse supply chain
QUESTION 2: TRUE/FALSE QUESTIONS
Sub-total: 20 Marks
[2x 10]
2.1 In a world without uncertainty, there is no need for safety stock.
2.2 A request for quotation is prepared by the company doing the purchasing, not by the
company doing the selling.
2.3 Outsourcing gives companies room to focus on every aspect of their processes.
2.4 Vertical integration is one of the methods that organizations can pursue when
attempting to integrate their supply chains.
2.5 Supply chain management shifts the focus from dyadic relationships to end-to-end
supply chains.
2.6 Supply chain integration tends to be more challenging in global, as opposed to
domestic, supply chains.
2.7 In supply chain organizations, functions must operate independently of each other.
2.8 With an uncoordinated supply chain each stage tries to maximize its own profits,
resulting in actions that often increase total supply chain surplus.
2.9 The bullwhip effect enables different stages of the supply chain to have a consistent
estimate of what demand looks like.
2.10 In the supply chain of Dell Computers, push-pull boundary is located just after
component manufacturing.
Sub-total: 20 Marks
QUESTION 3
3.1
Name and discuss any five (5) important of Supply Chain Management? (10 marks)
3.2
Define the term integration and list four benefits of supply chain integration?
(10 marks)
Sub-total: 20 Marks
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QUESTION 4
4.1
Define Globalisation and discuss four advantages and four disadvantages of
Globalisation to the supply chain?
(18 marks)
4.2
Name and discuss any five reasons for holding inventory?
(10 marks)
4.3
What is the meaning of lean supply chain? List any five (5) types of waste eliminated
by the lean system.
(8 marks)
4.4
Distinguish between Push and Pull supply chain strategy
(4 marks)
Sub-total: 40 Marks
Grand Total: 100 Marks
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