Week 7 Assignment

1. Which of the following is not a component of flexible supply chain?

(a) Agility
(b) Adaptive
(c) Alignment
(d) None of the above

2. Which of the following is key dimension of “Agility”?

(a) Speed
(b) Low cost
(c) Flexibility
(d) All of the above

3. Which of the following is most appropriate meaning of “adaptable” in supply chain?

(a) Ability to adjust supply chain design
(b) Ability to provide products at low cost
(c) Ability to provide products quickly
(d) All of the above

4. Which of the following is correct?

(a) Descriptive analytics helps in analyzing the past data.
(b) Descriptive analytics helps in predicting future outcomes.
(c) Descriptive analytics give optimized solutions of supply chain problems.
(d) All of the above

5. Which of the following is correct?

(a) Predictive analytics is used for analyzing past data for giving new insights.
(b) Predictive analytics gives prediction for future outcomes.
(c) Predictive analytics give optimized solutions of supply chain problems.
(d) All of the above

6. Which of the following is not a common use of predictive analytics?

(a) Detecting frauds
(b) Improving operations
(c) Reducing risk
(d) None of the above

7. Which of the following is most time consuming activity in predictive analytics?

(a) Problem to solve
 (b) Data collection
(c) Model building
(d) It depends on type of supply chain.

8. What will be Net Present Value (NPV) on first day of first year of future cash inflows as
follows:
At the end of first year = Rs5,000
At the end of second year = Rs6,000
At the end of third year = Rs7,000
The discount factor is 10%.

(a) Rs16240
(b) Rs20070
(c) Rs14763
(d) Rs18000

9. What will be Net Present Value (NPV) on last day of first year of future cash inflows as
follows:
At the end of first year = Rs5,000
At the end of second year = Rs6,000
At the end of third year = Rs7,000
The discount factor is 10%.

(a) Rs16240
(b) Rs20070
(c) Rs14763
(d) Rs18000

10. Which of the following is correct?

(a) Most commonly used representation of uncertainty in supply chain is Poisson.
(b) Most commonly used representation of uncertainty in supply chain is binomial.
(c) Most commonly used representation of uncertainty in supply chain is normal
distribution.
(d) The representation of uncertainty in supply chain depends on the characteristics of
factors of choice.

1.D 2.A 3.A 4.A 5.B 6.D 7.B 8.C 9.A 10.B