供应链管理第三版Unit6习题与答案最新整理Word格式.docx
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FalseDifficulty:
3.Decisionsmadeduringthesupplychaindesignphaseregardingsignificantinvestmentsinthesupplychain,suchasthenumberandsizeofplantstobuild,thenumberoftruckstopurchaseorlease,andwhethertobuildorleasewarehousespace,definetheboundarieswithinwhichthesupplychainmustcompete.
4.Long-termcontractsforbothwarehousingandtransportationrequirementswillbemoreeffectiveifthedemandandpriceofwarehousingdonotchangeinthefutureorifthepriceofwarehousinggoesup.
Easy
5.Long-termcontractsforbothwarehousingandtransportationrequirementswillbemoreeffectiveifeitherdemandorthepriceofwarehousingdropsinthefuture.
6.Thedegreeofdemandandpriceuncertaintyhasasignificantinfluenceontheappropriateportfoliooflong-andshort-termwarehousingspacethatafirmshouldcarry.
7.Ifpriceanddemandvaryovertimeinaglobalnetwork,flexibleproductioncapacitycanbereconfiguredtomaximizeprofitsinthenewenvironment.Answer:
True
Difficulty:
8.Afirmmaychoosetobuildaflexibleglobalsupplychaineveninthepresenceoflittledemandorsupplyuncertaintyifcertaintyexistsinexchangeratesorprices.Answer:
False
9.Thepresentvalueofastreamofcashflowsiswhatthatstreamisworthintoday’sdollars.
10.Discretionarycashflow(DCF)analysisevaluatesthepresentvalueofanystreamoffuturecashflowsandallowsmanagementtocomparetwostreamsofcashflowsintermsoftheirfinancialvalue.
11.Thepresentvalueoffuturecashflowsisfoundbyusingadiscountfactor.Answer:
12.Therateofreturnkisalsoreferredtoasthepresentvalueofcapital.Answer:
13.AnegativeNPVforanoptionindicatesthattheoptionwilllosemoneyforthesupplychain.
14.ThedecisionwiththelowestNPVwillprovideasupplychainwiththehighestfinancialreturn.
15.Inreality,demandandpricesarehighlyuncertainandarelikelytofluctuateduringthelifeofanysupplychaindecision.
16.Foraglobalsupplychain,exchangeratesandinflationareunlikelytovaryovertimeindifferentlocations.
17.Themultiplicativebinomialcannottakeonnegativevaluesandcanbeusedforfactorslikedemand,price,andexchangeratesthatcannotbecomenegative.
18.Alogicalobjectiontoboththemultiplicativeandadditivebinomialisthefactthattheunderlyingfactortakesontwovaluesattheendofeachperiod.
Hard
19.Ifuncertaintyisignored,amanagerwillalwayssignlong-termcontractsbecausetheyaretypicallycheaperandavoidallflexiblecapacitybecauseitismoreexpensive.
20.Duringnetworkdesign,managersneedamethodologythatallowsthemtoestimatethecertaintyintheirforecastofdemandandpriceandthenincorporatethiscertaintyintothedecision-makingprocess.
21.DecisiontreeswithDCFscanbeusedtoevaluatesupplychaindesigndecisionsgivenuncertaintyinprices,demand,exchangerates,andinflation.
22.Uncertaintyindemandandeconomicfactorsshouldnotbeincludedinthefinancialevaluationofsupplychaindesigndecisions.
23.Inacomplexdecisiontree,therearethousandsofpossiblepathsthatmayresultfromthefirstperiodtothelast.
24.Simulationmethodsareverygoodatevaluatingadecisionwherethepathitselfisdecisiondependent.
25.Simulationmodelsrequireahighersetupcosttostartandoperatecomparedtodecisiontreetools.
26.Themainadvantageofsimulationmodelsisthattheycanprovidelow-costevaluationsofcomplexsituations.
27.Strategicplanningandfinancialplanningshouldbecombinedduringsupplychainnetworkdesign.
28.Theevaluationofsupplychainnetworksshouldnotusemultiplemetrics.Answer:
29.Financialanalysisshouldbeusedasaninputtodecisionmaking,notasthedecision-makingprocess.
30.Oneofthebestwaystospeeduptheprocessoffinancialanalysisandarriveatagooddecisionistouseestimates,exceptwhenitappearsthatfindingaveryaccurateinputwouldtakeaninordinateamountoftime.
MultipleChoice
1.Decisionsmadeduringthesupplychaindesignphaseregardingsignificantinvestmentsinthesupplychain,suchasthenumberandsizeofplantstobuild,thenumberoftruckstopurchaseorlease,andwhethertobuildorleasewarehousespace,
a.canbealteredintheshortterm.
b.cannotbealteredintheshortterm.
c.cannotbealteredinthelongterm.
d.canonlybealteredintheshortterm.
e.alloftheaboveAnswer:
b
2.Decisionsmadeduringthesupplychaindesignphaseregardingsignificantinvestmentsinthesupplychain,suchasthenumberandsizeofplantstobuild,thenumberoftruckstopurchaseorlease,andwhethertobuildorleasewarehousespace,
a.arerealignedeveryfewweeks.
b.onlyremaininplaceforseveralyears.
c.rarelyremaininplaceforseveralyears.
d.onlyremaininplaceforafewweeks.
e.oftenremaininplaceforseveralyears.Answer:
e
3.Decisionsmadeduringthesupplychaindesignphaseregardingsignificantinvestmentsinthesupplychain,suchasthenumberandsizeofplantstobuild,
thenumberoftruckstopurchaseorlease,andwhethertobuildorleasewarehousespace,
a.definetheboundarieswithinwhichthesupplychainmustcompete.
b.havelittleimpactonhowthesupplychainmustcompete.
c.areirrelevantregardinghowthesupplychainwillcompete.
d.aretheonlyconsiderationregardinghowthesupplychainwillcompete.
e.noneoftheaboveAnswer:
a
4.Long-termcontractsforbothwarehousingandtransportationrequirementswillbemoreeffectiveif
a.thedemandandpriceofwarehousingdonotchangeinthefuture.
b.thepriceofwarehousinggoesupinthefuture.
c.demanddropsinthefuture.
d.thepriceofwarehousingdropsinthefuture.
e.aandbonlyAnswer:
eDifficulty:
5.Short-termcontractsforbothwarehousingandtransportationrequirementswillbemoreeffective
a.ifthedemandandpriceofwarehousingdonotchangeinthefuture.
b.ifthepriceofwarehousinggoesupinthefuture.
c.ifeitherdemandorthepriceofwarehousingdropsinthefuture.
d.onlyifdemanddropsinthefuture.
e.onlyifthepriceofwarehousingdropsinthefuture.Answer:
c
6.Thedegreeofdemandandpriceuncertaintyhas
a.noeffectontheappropriateportfoliooflong-andshort-termwarehousingspacethatafirmshouldcarry.
b.alimitedinfluenceontheappropriateportfoliooflong-andshort-termwarehousingspacethatafirmshouldcarry.
c.aminorinfluenceontheappropriateportfoliooflong-andshort-termwarehousingspacethatafirmshouldcarry.
d.asignificantinfluenceontheappropriateportfoliooflong-andshort-termwarehousingspacethatafirmshouldcarry.
e.Noneoftheabovearetrue.Answer:
d
7.Uncertaintyofdemandandprice
a.drivesthevalueofbuildingflexibleproductioncapacityataplant.
b.eliminatesthevalueofbuildingflexibleproductioncapacityataplant.
c.facilitatesthevalueofbuildingflexibleproductioncapacityataplant.
d.hasnoeffectonthevalueofbuildingflexibleproductioncapacityataplant.
8.Ifpriceanddemanddovaryovertimeinaglobalnetwork,
a.flexibleproductioncapacityshouldnotbeusedinthenewenvironment.
b.flexibleproductioncapacitywillbeineffectiveinthenewenvironment.
c.flexibleproductioncapacitycanbereconfiguredtominimizeprofitsinthenewenvironment.
d.flexibleproductioncapacitycanbereconfiguredtomaximizeprofitsinthenewenvironment.
e.flexibleproductioncapacityshouldneverbeusedinanuncertainenvironment.
dDifficulty:
9.Afirmmaychoosetobuildaflexibleglobalsupplychaineveninthepresenceoflittledemandorsupplyuncertaintyif
a.certaintyexistsinbothexchangeratesandprices.
b.certaintyexistsinexchangeratesorprices.
c.uncertaintyexistsinbothexchangeratesandprices.
d.uncertaintyexistsinexchangeratesorprices.
e.uncertaintyexistsonlyinexchangerates.Answer:
10.Thepresentvalueofafuturestreamofcashflowsiswhatthatstream
a.wasworthi