DBA Operations Management and Supply Chain Strategy 3

Question 1

What does 'sustainability in supply chain management' primarily involve?

Accepted Answer

Integrating environmental, social, and governance (ESG) considerations throughout the supply chain

Answer

Sustainable supply chain management incorporates ESG practices — reducing carbon footprint, ensuring ethical labor practices, and promoting responsible sourcing throughout the chain.

Question 2

In operations management, what is 'capacity planning'?

Accepted Answer

The process of determining the production capacity needed to meet changing product demand

Answer

Capacity planning determines the maximum level of work activity an organization can complete over a period, ensuring resources match demand levels.

Question 3

Which supply chain management concept advocates sharing real-time data, synchronized production, and continuous replenishment between retailers and suppliers?

Accepted Answer

Collaborative Planning, Forecasting, and Replenishment (CPFR)

Answer

CPFR is a collaborative supply chain initiative where trading partners jointly develop forecasts and replenishment plans using shared data to improve supply chain efficiency.

Question 4

What is 'outsourcing' in a strategic operations context, and what is a key risk?

Accepted Answer

Contracting external parties to perform business functions; key risk is loss of core competency control

Answer

Outsourcing transfers business functions to external providers to reduce costs or access expertise, but risks include loss of control, quality issues, and erosion of core capabilities.

Question 5

What is 'throughput' in operations management?

Accepted Answer

The rate at which a system produces its final products or services

Answer

Throughput is the rate at which a process or system converts inputs into finished outputs, and is a key performance metric in operations and Theory of Constraints.

DBA - Doctor of Business Administration Practice Test

DBA - Doctor of Business Administration Practice Test

DBA Operations Management and Supply Chain Strategy 3