Questions from General Supply Chain


Q: Explain the difference between a time series model and an associative model

Explain the difference between a time series model and an associative model. Under what conditions would one model be preferred to the other?

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Q: What is the impact of the smoothing constant value on the simple

What is the impact of the smoothing constant value on the simple exponential forecast?

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Q: Compare and contrast the jury of executive opinion and the Delphi techniques

Compare and contrast the jury of executive opinion and the Delphi techniques.

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Q: What is the purpose of the available-to-promise quantity

What is the purpose of the available-to-promise quantity, and how is it different from on-hand inventory?

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Q: What is system nervousness? Discuss how it can be minimized or

What is system nervousness? Discuss how it can be minimized or avoided.

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Q: What is a BOM, and how is it different from the

What is a BOM, and how is it different from the super BOM?

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Q: Describe centralized and decentralized purchasing and their advantages.

Describe centralized and decentralized purchasing and their advantages.

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Q: When did the idea and term, supply chain management, first

When did the idea and term, supply chain management, first begin to be thought about and discussed?

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Q: Given the following production plan, use a (a) chase

Given the following production plan, use a (a) chase production strategy and (b) level production strategy to compute the monthly production, ending inventory/ (backlog) and workforce levels. A worker...

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Q: Briefly describe resource requirements planning, rough-cut capacity planning,

Briefly describe resource requirements planning, rough-cut capacity planning, and capacity requirements planning. How are these plans related?

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