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Pce 001-Finals
Pce 001-Finals
1. What is the difference between supply chain management and demand management?
2. Define the supply chains for the following products from the first source of raw materials to the final
customer: a. Big Mac b. Gasoline c. Automobile repair d. A textbook
3. How do lead times and forecast errors affect supply chain performance?
4. How can coordination be increased both internally within the firm and externally with customers and
suppliers?
5. How would you decide whether a supply chain needs improvement in supply chain structure, supply
chain systems, or both?
7. Explain how lean operations can have a powerful positive or negative effect on the entire supply
chain.
8. Why are cross-functional teams so widely used for supply chain improvement?
10. How can a company ensure that its supply chain is resilient to unexpected events?
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