Gscm 520 Final Exam Answers Essay

1585 Words May 11th, 2016 7 Pages
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FINAL GSCM 520 Question 1.1. (TCOs 1 and 2) Current issues in OSCM do not include
(Points : 4) coordinating relationships between organizations. making senior management aware that OSCM can be a competitive weapon. the triple bottom line. managing customer touch points. increasing global supply chain employment.

Question 2.2. (TCO 1) Which of the following is not a characteristic that distinguishes services from goods? (Points : 4)
Service jobs are unskilled.
A service is intangible.
Services are perishable.
Services are heterogeneous.
None of the above (TCO 5) Which of the following are used to describe the degree of
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(Points : 4)
Economic order quantity
Lot-for-lot
Least total cost
Least unit cost
Inventory item averaging

Question 8.8. (TCOs 4 and 8) Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot size in which these are most nearly equal? (Points : 4)
Kanban
Just-in-time system
MRP
Least unit cost
Least total cost

Question 9.9. (TCO 3) Which of the following is not an improvement-driven reason to outsource? (Points : 4)
Improve risk management
Increase commitment in a noncore area
Shorten cycle time
Improve quality and productivity
Obtain expertise, skills, and technologies that are otherwise not available

Question 10.10. (TCO 9) What transportation mode has very high initial investment costs but gives a very low cost per mile for products that are highly specialized and require no packaging? (Points : 4)
Highway
Rail
Water
Pipeline
Air

Page 2

Question 1.1. (TCO 4) a company has recorded the last 5 days of daily demand on their only product. Those values are 120, 125, 124, 128, and 133. The time from when an order is placed to when it arrives at the company from its vendor is 5 days. Assuming

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