SCM 311 EXAM 2 CONCEPTUAL
CORRECT 100%
2 strategies for timing and size of expansion - ANSWERExpansionist Strategy, Wait
and see strategy
Expansionist Strategy - ANSWERstaying ahead of demand with large, less frequent
jumps in capacity
Cross dock - ANSWERunloaded from inbound trucks and directly loaded onto
outbound truck, with little to no storage time
Each pick - ANSWERselecting and moving individual items
What should the direction of flow be when laying out a warehouse - ANSWERone
direction of flow from inbound to outbound doors on opposite sides of the building
Inventory policies - ANSWERquantitative parameters that govern actions that result
in carrying inventory
4 basic policy parameters - ANSWER1. How much to order?
2. How often/when to order?
3. How frequently should the decision to order be made?
4. What should the fill rate be?
Wait and see strategy - ANSWERlagging demand with more frequent jumps in
capacity
Optimal size and operating level avoid these things: - ANSWERtoo few units, too
little cushion space, too much overtime
4 kinds of process selections - ANSWERproject production, job shop/batch
production, line production, continuous flow
Project production - ANSWERThe product doesn't move; everything moves around it
Job shop/batch production - ANSWERspecific tasks performed in specific areas;
product moves from area to area
Line production - ANSWERproduction organized around a product, product flows
through line with different actions performed at each point
Continuous flow - ANSWERproduct moves through the line without stopping, doesn't
stop until the entire batch is done
CORRECT 100%
2 strategies for timing and size of expansion - ANSWERExpansionist Strategy, Wait
and see strategy
Expansionist Strategy - ANSWERstaying ahead of demand with large, less frequent
jumps in capacity
Cross dock - ANSWERunloaded from inbound trucks and directly loaded onto
outbound truck, with little to no storage time
Each pick - ANSWERselecting and moving individual items
What should the direction of flow be when laying out a warehouse - ANSWERone
direction of flow from inbound to outbound doors on opposite sides of the building
Inventory policies - ANSWERquantitative parameters that govern actions that result
in carrying inventory
4 basic policy parameters - ANSWER1. How much to order?
2. How often/when to order?
3. How frequently should the decision to order be made?
4. What should the fill rate be?
Wait and see strategy - ANSWERlagging demand with more frequent jumps in
capacity
Optimal size and operating level avoid these things: - ANSWERtoo few units, too
little cushion space, too much overtime
4 kinds of process selections - ANSWERproject production, job shop/batch
production, line production, continuous flow
Project production - ANSWERThe product doesn't move; everything moves around it
Job shop/batch production - ANSWERspecific tasks performed in specific areas;
product moves from area to area
Line production - ANSWERproduction organized around a product, product flows
through line with different actions performed at each point
Continuous flow - ANSWERproduct moves through the line without stopping, doesn't
stop until the entire batch is done
