供应链管理第三版Unit11习题与答案.pdfVIP

Chapter 11 Managing Uncertainty in the Supply Chain: Safety Inventory True/False 1. Safety inventory is inventory carried for the purpose of satisfying demand that exceeds the amount forecasted for a given period. Answer: True Difficulty: Moderate 2. Safety inventory is carried because demand forecasts are accurate and a product shortage may result if the forecast demand exceeds the actual demand. Answer: False Difficulty: Moderate 3. Raising the level of safety inventory increases product availability and thus the margin captured from customer purchases. Answer: True Difficulty: Moderate 4. Raising the level of safety inventory increases inventory holding costs. Answer: True Difficulty: Easy 5. Carrying excessive inventory can help counter demand volatility when new products come on the market. Answer: False Difficulty: Moderate 6. The appropriate level of safety inventory is determined by the uncertainty of both demand and supply and the desired level of cycle inventory. Answer: False Difficulty: Moderate 7. As the uncertainty of supply or demand grows, the required level of safety inventories increases. Answer: True Difficulty: Moderate 8. As the desired level of product availability increases, the required level of safety inventory decreases. Answer: False Difficulty: Easy 9. Lead time is the gap between when an order is placed and when it is received. Answer: True Difficulty: Easy 10. The coefficient of variation measures the size of the relative certainty of cycle inventory. Answer: False Difficulty: Easy 11. Product availab ility reflects a firm