Supply Chain Management Midterm Exam Questions !!top!! | 2025-2026 |

: A facility producing a wide variety of products in small quantities. Practice Midterm Questions 1. Identify the Primary SCM Phases

According to Marshall Fisher’s framework, high-end, customizable smartphones are classified as due to their short life cycles, high profit margins, high customization options, and volatile demand. Designing an efficient supply chain for this product would result in stockouts or massive obsolescence costs. Therefore, a responsive supply chain is appropriate. The company should use strategies like postponement (keeping components modular and assembling only when a customized order arrives) to manage risks. Analytical and Quantitative Sample Questions Question 3: Economic Order Quantity (EOQ) supply chain management midterm exam questions

"Using the Economic Order Quantity (EOQ) model, calculate the optimal order quantity, number of orders per year, and total annual cost given demand, ordering cost, and holding cost." Formula: : A facility producing a wide variety of

These questions test your ability to apply theory to real-world scenarios: Designing an efficient supply chain for this product

This framework, popularized by Marshall Fisher, matches supply chain design to product type.

Y=(5×1000)+(1×2000)+(4×1500)4500=5000+2000+60004500=130004500≈2.89cap Y equals the fraction with numerator open paren 5 cross 1000 close paren plus open paren 1 cross 2000 close paren plus open paren 4 cross 1500 close paren and denominator 4500 end-fraction equals the fraction with numerator 5000 plus 2000 plus 6000 and denominator 4500 end-fraction equals 13000 over 4500 end-fraction is approximately equal to 2.89 The optimal location is approximately 3. Practice Multiple-Choice Questions