1. What is meant by “Critical Supply Chain(s) (CSC): 2. “Tier One” refers to: 3.
ID: 376104 • Letter: 1
Question
1. What is meant by “Critical Supply Chain(s) (CSC):
2. “Tier One” refers to:
3. 3 examples of “Critical Supply Chain(s) are:
4. Where do Supply Chains start and end:
5. How long have supply chains been around:
6. If adjustments are made to the calculated forecast, what should be done:
7. What time periods (day, week month, etc.) should the forecast be in:
8. How far out should a forecast go:
9. Why should the forecast go out that far:
10. What factors impact forecast accuracy (list at least 4):
11. Can a forecast have both a “trend” & “seasonality”:
12. Can there be more than one “season” per calendar year:
13. List 4 “leading indicators”:
14. When should demand forecasting not be used:
15. What forecasting procedure can be used for a truly NEW product:
16. What processes of any company do not have a "Quality Aspect/Characteristic":
17. Supplier certification should decrease/increase Quality:
18. Supplier certification should decrease/increase Costs:
19. Would you look to certify your company’s suppliers:
20. Are Inspection Processes becoming more or less automated:
21. How high do you want the “Costs of Quality”:
22. Control Charts are a quality tool, they are designed to insure:
23. What unit(s) should the output of Aggregate Plan/S&OP be in:
24. The S&OP output is a key input to what process:
25. At what level(s) should available capacity be checked against the plan(s):
26. What are the term(s) for those capacity check(s):
27. What are common terms for the 3 phases of the MPS planning horizon:
28. What are the time fences called:
29. When should MRP be run (at least 3 reasons):
30. What happens when the bill of materials is incorrect (at least 2 outcomes):
31. What production items do not need to be on the bill of materials:
32. What happens when the routing is incorrect (at least 2 outcomes):
33. What happens when the planning factors are incorrect (at least 3 outcomes):
34. What happens when Inventory or on order quantity is incorrect:
35. If no lot size is specified, what does MRP use:
36. What info is used to develop an item’s cost:
37. What items (list at least 3) from the “Learn Your…." series was most interesting:
38. The parts used to make “The One Horse Shay” had what in common:
Explanation / Answer
1. What is meant by “Critical Supply Chain(s) (CSC): In a supply chain network there are several supply chains which form an organizations supply chain network, out of them there ar a few which are essential for the business to take place. Without them the business operations. 2. “Tier One” refers to: Tier one refers to the top of the several other parties, in case of cities, the ones which are among the best in class are called tierone, the suppliers who are best in class are called tier one. 3. 3 examples of “Critical Supply Chain(s) are: Procurement of raw materials, distribution of finished goods and Production or processing og goods 4. Where do Supply Chains start and end: Supply chain start from a source generally from a procurement point and end at a destination where the final product or intemmediate product is processed or stalls for some time.
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