Supply Chain Management Midterm Exam Questions Jun 2026

Understand the difference between safety stock, cycle stock, and seasonal stock.

The store requires a safety stock of (or 40 units rounded up). 2. Calculate Reorder Point (ROP):

: Use grid coordinates and population/demand data to determine the best location for a new distribution center or store [8, 10]. Forecasting Metrics : Identify and calculate error metrics like Mean Absolute Deviation (MAD) Mean Absolute Percentage Error (MAPE) to determine forecast accuracy [11]. Productivity & RPN Productivity

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Placing multiple warehouses close to markets improves response times and lowers customer delivery costs, but exponentially increases safety stock requirements and overhead costs. Analytical and Quantitative Exam Questions

Which aggregate planning strategy relies on modifying workforce size to match demand variations exactly, keeping inventory levels close to zero? A) Level Strategy B) Chase Strategy C) Subcontracting Strategy D) Forward Buying Strategy

A clothing retailer is facing high inventory costs and frequent stockouts of popular items. Customers are complaining, and sales are dropping. Understand the difference between safety stock, cycle stock,

You may be asked to calculate the ideal order size to minimize total inventory costs.

Supply chain management is a critical component of business operations, encompassing the planning, coordination, and execution of activities involved in sourcing, producing, and delivering products or services to customers. A well-managed supply chain can provide a competitive edge, improve customer satisfaction, and increase profitability. This midterm exam assesses your understanding of key concepts, principles, and practices in supply chain management.

The optimal order quantity is 707 units per order. Question 5: Reorder Point (ROP) with Safety Stock Calculate Reorder Point (ROP): : Use grid coordinates

Improved information sharing (visibility), reducing lead times, stabilizing prices, and vendor-managed inventory (VMI). Q2: Define "Just-In-Time" (JIT) Inventory Management.

Most university midterms cover the first half of the semester, focusing on foundational strategies, network design, and initial inventory concepts. 1. Strategic Fit and Supply Chain Drivers

When analyzing quantitative problems, ask yourself what happens if a variable drops to zero. For example, if order cost (

This is the gold standard for many exams. 2. Sample Midterm Questions