Supply Chain Management Midterm Exam Questions

The supply chain management midterm is not just about memorizing that "Logistics is the part of SCM that plans, implements, and controls the flow of goods." It is about proving you can balance the trade-offs.

SCM is data-driven. Expect questions that ask you to analyze how different drivers impact performance. supply chain management midterm exam questions

If you are working through a specific practice exam or syllabus, let me know. I can create additional problems tailored to your needs. Share public link The supply chain management midterm is not just

Are you focusing more on the like EOQ, or do you If you are working through a specific practice

Error = Actual - Forecast = ( 900 - 1060 = -160 ) (Over-forecast by 160).

Do not just practice calculations; understand how the variables interact. Ask yourself: If lead time doubles, what happens to safety stock? If holding costs drop, how does that change my EOQ? (Hint: Safety stock rises by the square root of time; EOQ increases).

(10 marks) Reorder point with variable lead time Daily demand is 80 units (constant). Lead time is random: with probability 0.6 lead time = 4 days; with probability 0.3 lead time = 6 days; with probability 0.1 lead time = 10 days. Target cycle service level = 95%. Demand during lead time variability only arises from lead time (demand per day constant). Compute the reorder point including safety stock. (Show calculations and any assumptions.)