5. C&A sells two kinds of sandwiches: regular and deluxe. Each regular sandwich

Question

5. C&A sells two kinds of sandwiches: regular and deluxe. Each regular sandwich costs $1 to make and each deluxe sandwich costs $2 to make. On average, C&A has 5 regular and 10 deluxe sandwiches in inventory and 0.5 days-of-supply. How many sandwiches does C&A expect to sell each day?

A. 15

B. 30

C. 50

D. 100

6. A supply chain with a distributor has more product handling than one without a distributor. True or False?

7. Lead time is a way to measure the availability of inventory. True or False?

8. A supply chain for goods and services consists of a __________ of firms and locations that begins with __________ and ends with _________.

A. merging, public entities, private entities

B. merging, private entities, public entities

C. network, final users, raw materials

D. network, raw materials, final users

9. A supply chain that involves suppliers of raw materials in Germany, manufacturers in China, distributors in Spain, and retailers in the United States has ______ different levels or stages.

A. 5

B. 4

C. 3

D. 2

10. Company A provides corn to Company B to make into corn syrup. Company B sells its corn syrup to Company C, who makes ice cream for sale at Company D. Company A is a ___________ in the supply chain of ice cream.

A. tier 2 supplier

B. tier 1 supplier

C. manufacturer

D. retailer

11. As demand increases, the optimal economic order quantity increases at the same rate of demand.  True or False?

Explanation / Answer

Ans 5 More information needed in terms of Average Inventory.

Ans 6. False. The role of a distributer is to buy products from a seller, warehouse them and sell it to its networks. hence a distributer has to go through product handling a lot. A supply chain without a distributer has to do all the product handling on its own.

Ans 7.TRUE.Lead time can be defined as the time between the order of a product to its delievery. The lower the value of lead time the better is lead management. Now since a lower lead time results into a faster supply hence it is directly proportional to the demand of a product. Hence it can be factor to measure availibility of inventory.

Ans 8.D. A supply chain is an act of handling, organising. managing,resourcing the product or a service from the supplier to the end user. Since a supply chain consists of a framework of firms and its locations hence it consist of networks.

Ans 9.A. A supply chain consist of the followimng stages as mentioned in the question.

1.Suppliers

2.Manufacturers

3.Distributers

4.Retailers

5.Consumers

Hence the ans is 5 because the consumer is also a stage of the chain.

Ans 10 .A. Here the company C acts as the Original Equipment Manufaturer(OEM). Now the company which supplies directly to an OEM is a Tier 1 company. Here it is B. Also the company which supplies product to a Tier 1 company is a Tier 2 company which is A. Hence A is a Tier 2 supplier.

Ans 11. TRUE. An Economic Order Quantity(EOQ) is the quantity of product a company should add in its inventory in order to make sure that it does not faces unneccesory inventory charges. When EOQ is calculated, the rate of demand is generally kept constant however the formula says EOQ = Demand/Size of order in inventory(Q). Hence they are directly prportional.

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