CBS CBS Supply Chain & Operations Strategy 2

Question 1

Nearshoring as an operations strategy means:

Accepted Answer

Relocating operations to a nearby country, often in the same region

Answer

Moving production to a distant low-cost country

Answer

Bringing operations back to the home country

Answer

Automating offshore production facilities

Question 2

The bullwhip effect in supply chain management describes:

Accepted Answer

Amplification of demand variability as orders move up the supply chain

Answer

Rapid price fluctuations in commodity markets

Answer

The impact of a single large customer on supplier capacity

Answer

Sudden supplier failure causing production halts

Question 3

In operations strategy, 'capacity utilization' refers to:

Accepted Answer

The percentage of total production capacity actually being used

Answer

The number of employees in a facility

Answer

The ratio of fixed to variable costs

Answer

The number of SKUs in inventory

Question 4

A make-or-buy decision involves determining whether to:

Accepted Answer

Produce a component internally or purchase it from a supplier

Answer

Sell or lease company assets

Answer

Expand organically or through acquisition

Answer

Launch a new product or exit a market

Question 5

Which operations concept focuses on eliminating waste (muda) and continuously improving processes?

Accepted Answer

Lean manufacturing

Answer

Six Sigma

Answer

Theory of Constraints

Answer

Total Quality Management

Question 6

Supply chain resilience is best described as a supply chain's ability to:

Accepted Answer

Anticipate, adapt to, and recover from disruptions

Answer

Minimize the number of suppliers used

Answer

Maximize inventory levels at all times

Answer

Automate all logistics processes