Quiz

Choose the appropriate answers from the given alternatives :

1) What is the main objective of a Supply Chain Coordination?

  To maximize his sales

  To maximize his profit

  To minimize the probability of stockout

2) The Supply Chain Coordination contract discussed over here is:

  A Buy Back Contract

  A Revenue Sharing Contract Contract

  A Price Only Quantity Contract

3) The Supply Chain Coordination:

  Minimizes Risk

  Maximizes Profit

  Both

4) When the demand is higher than the ordered quantity which of the following cost is incurred?

 Underage Cost

 Overage cost

 Marginal Cost

5) Marginal Loss is calculated as:

  Sell Price - Shortage Cost

 Purchase Cost - Shortage Cost

 Purchase Cost - Salvage Value

6) Decentralized supply chain setting is a setting in which:

  The wholesaler is leader of supply chain

  Both the wholesaler and the retailer have equal share in the supply chain

  The retailer is leader of supply chain

7) The profit in a coordinated supplychain is:

 greater than that of an uncoordinated supplychain

 smaller than that of an uncoordinated supplychain

 None of the above

8) Increase in number of simulation runs would result in:

 No change in the results

 Decrese the accuracy of simulation results

 Increse the accuracy of simulation results

9) Increase in the value of 'f' (% revenue shared by the retailer) would mean:

  A decrease in the value of new wholesale price

  A increase in the value of new wholesale price

  None of the above

10) In a system, an object of interest is called

 Attributes

 entity

 Function