Category Archives: GSCM 520

DEVRY GSCM 520 Final Exam Guide Latest Guide

DEVRY GSCM 520 Final Exam Guide Latest Guide

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GSCM 520 Final Exam Guide Latest Guide

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 error? (Points : 4)

Weighted moving average

Regression

Moving average

Forecast as a percent of actual

Mean absolute deviation

Question 4.4. (TCO 5) The way to build in greater flexibility in your workers is to do which of the following? (Points : 4)

Pay higher wages to motivate a willingness to do a variety to tasks.

Provide a broader range of training.

Provide a wide variety of technology to augment workers skills.

Institute a “pay for skills” program.

Use part-time employees with specialized skills as needed.

Question 5.5. (TCO 6) Applicants for the Baldrige Award for total quality management must submit an application of up to 50 pages that details the processes and results of their activities under seven major categories. Which of the following is one of those categories? (Points : 4)

DMAIC

Analysis and remember management

Standardization

Control

Inspection protocols

(TCOs 3 and 7) Which of the following is considered a high-contact service operation?

(Points : 4)

Online brokerage house

Internet sales for a department store

Physician practice

Telephone life insurance sales and service

Automobile repair

Question 7.7. (TCOs 7 and 8) Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size, picking the lot size with the lowest unit cost?

(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 the basic fixed-order quantity inventory model fits this situation and no safety stock is needed, which of the following is the reorder point (R)?

(Points : 10)

120

126

630

950

1,200

Question 2.2. (TCO 4) If it takes a supplier 25 days to deliver an order once it has been placed and the standard deviation of daily demand is 20, which of the following is the standard deviation of usage during lead time?

(Points : 10)

50

100

400

1,000

1,600

Question 3.3. (TCOs 3, 4, and 5) A company wants to forecast demand using the simple moving average. If the company uses three prior yearly sales values (i.e., year 2011 = 130, year 2012 = 110, and year 2013 =160), which of the following is the simple moving average forecast for year 2014?

(Points : 10)

100.5

122.5

133.3

135.6

139.3

Question 4.4. (TCO 5) If a firm produced a standard item with relatively stable demand, the smoothing constant alpha (reaction rate to differences) used in an exponential smoothing forecasting model would tend to be in which of the following ranges?

(Points : 10)

5% to 10%

20% to 50%

20% to 80%

60% to 120%

90% to 100%

Question 5.5. (TCO 2) Various financial data for SunPath Manufacturing for 2012 and 2013 follow.

What is the percentage change in the multifactor labor and raw materials productivity measure for SunPath between 2012 and 2013?

-9.22

2.33

-0.53

-2.88

10.39

Question 6.6. (TCO 5) A company wants to forecast demand using the weighted moving average. If the company uses two prior yearly sales values (i.e., year 2012 = 110 and year 2013 = 130), and we want to weight year 2012 at 10% and year 2013 at 90%, which of the following is the weighted moving average forecast for year 2014?

(Points : 10)

120

128

133

138

142

Question 7.7. (TCO 5) If demand for product “A” were forecast at 1,000,000 units for the coming year and your factory has one machine capable of producing 75,000 units per month, how much of product “A” might you plan to acquire through outsourcing?

(Points : 10)

500

10,000

100,000

200,000

600

Question 8.8. (TCO 3) You have been called in as a consultant to set up a Kanban control system. The first thing you do is to determine the number of Kanban card sets needed. Your research shows that the expected demand during lead time for a particular component is 1,200 per hour. You estimate the safety stock should be set at 5% of the demand during lead time. The tote trays used as containers can hold two units of stock and the lead time to replenish an order is 10 hours. Which of the following is the number of Kanban card sets necessary to support this situation?

(Points : 10)

5,000

5,500

6,300

6,500

7,000

Question 9.9. (TCO 7) In a work center, machine A has a 10-minute setup time per batch and a 2 minute per unit run time. Machine B performs the identical function but has a setup time of 30 minutes and a 1-minute run time per unit. The work center makes products in batches ranging from one unit to 100 units. Assuming capacity is not a limitation on either machine, on which batches should machine B be used?

(Points : 10)

All batches should be run on machine B.

Batches of more than 20 units should be run on machine B.

Batches of fewer than 80 units should be run on machine B.

Batches with up to 50 units should be run on machine B

.

No batches should be run on machine B.

Question 10.10. (TCO 8) If annual demand is 6,125 units, annual holding cost is $5 per unit, and setup cost per order is $50, which of the following is the EOQ lot size?

(Points : 10)

350

247

23

185

78

Page 3:

Describe a specific example of the trade-offs between any two of the competitive dimensions. (Points : 30)

Distinguish between dependent and independent demand. How are these demands treated differently? (Points : 30)

What is the difference between the concepts of design quality and conformance quality? (Points : 30)

DEVRY GSCM 520 Week 1 Case Study The Tao of Timbuk2 (2 Papers) Latest Guide

DEVRY GSCM 520 Week 1 Case Study The Tao of Timbuk2 (2 Papers) Latest Guide

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GSCM 520 Week 1 Case Study The Tao of Timbuk2 (2 Papers) Latest Guide

This Tutorial contains 2 Papers of this Assignment (written in different ways)

GSCM 520 Week 1 Case Study The Tao of Timbuk 2

GSCM520 Case Study The Tao of Timbuk 2

Case—The Tao of Timbuk2 (p. 43)

In a three-page paper, answer the following.

• Consider the two categories of products that Timbuk2 to makes and sells. For the custom messenger bag, what are the key competitive dimensions that are driving sales? Are their competitive priorities different for the new laptop bags sourced in China?

• Compare the assembly line in China to that in San Francisco along the following dimensions: (1) volume or rate of production, (2) required skill of the workers, (3) level of automation, and (4) amount of raw material and finished goods inventory.

• Draw two diagrams, one depicting the supply chain for those projects sourced in China and the other depicting the bags purchased in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing costs, what other course should Timbuk2 consider when making the sourcing decision?

Review the the Tao of Timbuk2 case study on page 43 in the textbook. You can find the questions for this case study in Doc Sharing.

Compose an APA-formatted Word document, no more than three pages in length; please answer each of the questions in the presented case study.

DEVRY GSCM 520 Week 1 Quiz Latest Guide

DEVRY GSCM 520 Week 1 Quiz Latest Guide

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GSCM 520 Week 1 Quiz Latest Guide

1. Question : (TCO 1) The Goods-Services Continuum consists of which set of the following categories?

2. Question : (TCOs 1 and 2) Which of the following is a measure of operations and supply management efficiency used by Wall Street?

3. Question : (TCO 2) In development of an operations and supply chain strategy, which of the following may be an important product-specific criteria to consider?

4. Question : (TCO 2) Which of the following is a multifactor measure of productivity?

5. Question : (TCO 2) Which of the following is a total measure of productivity?

6. Question : (TCO 2) The total output from a production system in one day is 900 units and the total labor necessary to produce the 900 units is 900 hours. Using the appropriate productivity measure, what is the resulting productivity ratio?

DEVRY GSCM 520 Week 2 Case Study Shouldice Hospital – A Cut Above Latest Guide

DEVRY GSCM 520 Week 2 Case Study Shouldice Hospital – A Cut Above Latest Guide

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GSCM 520 Week 2 Case Study Shouldice Hospital – A Cut Above Latest Guide

Review the Shouldice Hospital case study. You can find the questions for this case study in Doc Sharing.

Compose an APA-formatted Word document, no more than three pages in length; please answer each of the questions in the presented case study.

In a three-page paper, answer the following.

• How well does the hospital currently utilize its beds?

Develop a similar table to show the effects of adding operations on Saturday. (Assume that 30 operations would still be performed each day.) How would you affect the utilization of the bed capacity? Is this capacity sufficient for the additional patients?

• Now look at the effect of increasing the number of beds by 50%. How many operations could the hospital perform per day before running out of bed capacity? (Assume operations are performed 5 days per week, with the same number performed on each day.) How well will the new resources be utilized relative to the current operation? Could the hospital really perform that many operations? Why? (Hint: look at the capacity of the 12 surgeons and the five operating rooms.)

DEVRY GSCM 520 Week 2 Quiz Latest Guide

DEVRY GSCM 520 Week 2 Quiz Latest Guide

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GSCM 520 Week 2 Quiz Latest Guide

1. Question : (TCO 5) In most cases, demand for products or services can be broken down into several components. Which of the following is not considered a component of demand?

2. Question : (TCO 5) In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand?

3. Question : (TCO 5) Which of the following forecasting methodologies is considered a time series forecasting technique?

4. Question : (TCO 5) Which of the following forecasting methods uses executive judgment as its primary component for forecasting?

5. Question : (TCO 5) In business forecasting, what is usually considered a medium-term time period?

6. Question : (TCO 5) In general, which forecasting time frame best identifies seasonal effects?

7. Question : (TCO 5) Capacity planning that involves hiring, layoffs, some new tooling, minor equipment purchases, and subcontracting is considered which one of the following planning horizons?

8. Question : (TCO 5) If the actual output of a piece of equipment during an hour is 500 units and it’s best operating level is at a rate of 400 units per hour, which of the following is the capacity utilization rate?

9. Question : (TCO 5) When deciding to add capacity to a factory, which of the following need not be considered?

10. Question : (TCO 5) Which of the following models uses a schematic model of the sequence of steps in a problem and the conditions and consequences of each step?

DEVRY GSCM 520 Week 3 Case Study Pro Fishing Boats Latest Guide

DEVRY GSCM 520 Week 3 Case Study Pro Fishing Boats Latest Guide

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GSCM 520 Week 3 Case Study Pro Fishing Boats Latest Guide

Pro Fishing Boats

Review the Pro Fishing Boats case study on page 428 in the textbook, and refer to the questions noted in Doc Sharing.

Case—Pro Fishing Boats—A Value Stream Mapping Exercise (p. 428)

• Create a value stream map (VSM) of this supply chain. What other information is needed?

• Where are there risks for supply chain disruptions or stoppages to the flow of materials?

• Where do opportunities reside in improving supply chain operations, and how has VSM helped to reveal these?

DEVRY GSCM 520 Week 3 Case Study Quality Parts Company (2 Papers) Latest Guide

DEVRY GSCM 520 Week 3 Case Study Quality Parts Company (2 Papers) Latest Guide

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GSCM 520 Week 3 Case Study Quality Parts Company (2 Papers) Latest Guide

This Tutorial contains 2 Papers of this Assignment (written in different ways)

Quality Parts Company

Review the Quality Parts Company case study on page 426 in the textbook, and refer to the questions noted in Doc Sharing.

In a three-page paper, answer the following.

• Which of the changes being considered by the manager of Quality Parts Company are counter to the lean philosophy?Make recommendations for lean improvements in such areas as scheduling, layout, kanban, task groupings, and inventory. Use quantitative data as much as possible; state necessary assumptions.Sketch the operation of a pull system for running Quality Parts Company’s current system.

• Outline a plan for introducing lean at Quality Parts Company.

DEVRY GSCM 520 Week 3 Case Study Value Stream Mapping Latest Guide

DEVRY GSCM 520 Week 3 Case Study Value Stream Mapping Latest Guide

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GSCM 520 Week 3 Case Study Value Stream Mapping Latest Guide

In a three-page paper, answer the following.

•Eliminating the queue of work dramatically quickens the time it takes a part to flow through a system. What are the disadvantages of removing those cues?

•How do you think the machine operators would react to the change?

•What would you do to ensure that the operators were busy?

DEVRY GSCM 520 Week 3 Quiz Latest Guide

DEVRY GSCM 520 Week 3 Quiz Latest Guide

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GSCM 520 Week 3 Quiz Latest Guide

1. Question : (TCO 6) An analytical tool used in six-sigma quality improvement programs is which of the following?

2. Question : (TCO 6) Which of the following is not an analytical tool used in six-sigma quality improvement programs?

3. Question : (TCO 6) An opportunity flow diagram as part of a six-sigma quality improvement process might be found in which DMAIC category?

4. Question : (TCO 6) Failure mode and effect analysis are used in six-sigma projects. It involves which of the following?

5. Question : (TCO 6) Which of the following are eligible companies to be considered for the Baldrige award?

6. Question : (TCO 3) In the textbook, Toyota’s Fujio Cho identified which of the following types of waste to be eliminated?

7. Question : (TCO 3) An activity where the parts that go into each unit of a product are periodically removed from inventory and accounted for based on the number of units produced is called which of the following?

8. Question : (TCO 3) Which of the following are elements that address elimination of waste under lean production?

9. Question : (TCO 3) In setting up a Kanban control system, you need to determine the number of Kanban card sets needed. If the expected demand during lead time is 25 per hour, the safety stock is 20% of the demand during lead time, the container size is five, and the lead time to replenish an order is 5 hours, what is the number of Kanban card sets needed?

10. Question : (TCO 3) To implement lean production schedules, a firm would do which of the following?

DEVRY GSCM 520 Week 4 Case Study Toshiba’s Notebook Computer Assembly Line Latest Guide

DEVRY GSCM 520 Week 4 Case Study Toshiba’s Notebook Computer Assembly Line Latest Guide

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GSCM 520 Week 4 Case Study Toshiba’s Notebook Computer Assembly Line Latest Guide

Task

In a three-page paper, answer the following. Pg 199

•What is the daily capacity of the assembly-line design by the engineers?

•When it is running at maximum capacity, what is the efficiency of the line relative to its use of labor? Assume that the supporter is not included in efficiency calculations?

•How should the line be redesigned to operate at the initial 250 units per day target, assuming that no overtime will be used? What is the efficiency of your new design?

•What other issues might Toshihiro consider when bringing a new assembly line up to speed?