Supply Chain Management 3/12 - Procurement Side, in Depth

Supply Chain Management 3/12 - Procurement Side, in Depth

Supply Chain Management 3/12 - Procurement Side, in Depth

Marco Kofel

Marco Kofel

Set of flashcards Details

Flashcards 27
Students 13
Language English
Category Macro-Economics
Level University
Created / Updated 11.10.2021 / 15.04.2025
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Which statements regarding the methods for Lot Size Calculation are true?

A car dealer has sold in each of the last six years the following number of cars (from year 1 to year 6):
3000, 7000, 14000, 8000, 3000, 2000

Determine, with help of the moving average method, which sales are to be expected for the upcoming seventh year if the sales from the last four years are considered.

6750

An online platform has sold the following number of shampoos during the past seven years: 

1: 63 / 2: 76 / 3: 82 / 4: 97 / 5: 77 / 6: 88 / 7: 91

Determine, with the help of moving average method, which sales can be expected for the upcoming eighth year,
if the last five years are considered.

87

During the past four years, an aircraft manufacture has sold the following number of aircraft: 50, 25, 12, 13

Determine, with the help of the method of the moving average, which sales volume can be expected for the upcoming fifth year (under consideration of the last four years).

25

Determine the optimal order quantity using the Harris-Andler Formula.

Annual demand: 500 pieces
Transaction cost per order: CHF 50
Annual storage cost in % of the at purchase price valued inventory: 15%
Purchase price per piece: CHF 70
Minimum inventory: 0 pieces

 

69

Does the following statement correspond to the term "Method with Cost Optimization" or "Method without Cost Optimization"?

"Silver-Meal method"

Does the following statement correspond to the term "Method with Cost Optimization" or "Method without Cost Optimization"?

"Refill to the highest level"

Does the following statement correspond to the term "Method with Cost Optimization" or "Method without Cost Optimization"?

"Fixed lot size"

Does the following statement correspond to the term "Method with Cost Optimization" or "Method without Cost Optimization"?

"Sliding economic lot size"

Does the following statement correspond to the term "Method with Cost Optimization" or "Method without Cost Optimization"?

"Harris-Andler Method"

Does the following statement correspond to the term "Method with Cost Optimization" or "Method without Cost Optimization"?

"Periodic lot size"

Does the following statement correspond to the term "Method with Cost Optimization" or "Method without Cost Optimization"?

"Lot Size method (or calculation) according to Groff"

Does the following statement correspond to the term "Method with Cost Optimization" or "Method without Cost Optimization"?

"Exact lot size"

Schreiner GmbH needed 10,000 wooden boards last year. For ordering and transporting the wooden boards, Schreiner GmbH incurs costs of CHF 1,000 per order. The storage cost rate is 10%. The value of a single wooden board is CHF 50. Calculate the optimal order quantity in pcs. using the Harris-Andler formula.

2000

Which statements regarding the calculation of the Economic Order Quantity (EOQ) with the Harris-Andler Method are true?

Which statements regarding the procedures for Sales Planning are true?

Order the statement to the corresponding term "Dynamic Method" or "Static Method".

"Refill to the highest level"

Order the statement to the corresponding term "Dynamic Method" or "Static Method".

"Harris-Andler method"

Order the statement to the corresponding term "Dynamic Method" or "Static Method".

"Silver-Meal method"

Order the statement to the corresponding term "Dynamic Method" or "Static Method".

"Lot size method (calculation) according to Groff"

Order the statement to the corresponding term "Dynamic Method" or "Static Method".

"Sliding economic lot size"

Order the statement to the corresponding term "Dynamic Method" or "Static Method".

"Exact lot size"

Order the statement to the corresponding term "Dynamic Method" or "Static Method".

"Fixed lot size"

Order the statement to the corresponding term "Dynamic Method" or "Static Method".

"Periodic lot size"

Which statements regarding the Economic Order Quantity (EOQ) and the Harris-Andler Method are true?

Which statements regarding the methods for Lot Size Calculation are true?

Which statements regarding Forecasting Methods are true?