Supply Chain Management Midterm Exam Questions | Fresh · 2027 |

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Demand Forecasting: How do fluctuating prices impact long-term planning and inventory management? [10]. Sample Practice Questions Question Type Focus Area Multiple Choice

In the Newsvendor model, the critical fractile is: A) Cu / (Cu + Co) B) Co / (Cu + Co) C) Expected demand D) Service level supply chain management midterm exam questions

What is the primary goal of supply chain management? a) To minimize costs b) To maximize profits c) To ensure timely delivery of products or services d) To balance cost, quality, and customer satisfaction

(10 marks) Two-stage supply chain safety stock pooling A company has two identical regional warehouses. Each experiences independent normally distributed demand with mean 500 units/month and standard deviation 200 units/month. Lead time is one month, and the target fill rate per warehouse is 95%. Compare total safety stock if warehouses operate independently vs. if demand is centralized and served from one location (i.e., pooled). Compute safety stock values and show the pooling benefit numerically. (Assume safety stock = z * sigma_LT, use z for 95% service level.) Ready to create a quiz

Conclusion: The "So What?"

When you sit for your SCM midterm, remember that the professor is not trying to fail you. They are trying to see if you can think like a supply chain manager.

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Option B:
A retail company is deciding between a centralized distribution center and multiple regional warehouses. Compare the two approaches in terms of inventory costs, transportation costs, and customer responsiveness. Which would you recommend for a company selling perishable goods? Justify your answer.

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