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2ND TERM > ORA 6 > Flashcards

ORA 6 Flashcards

1
Q

3 flows in SCM

A

– Product (Suppliers to Consumers)
– Money (Consumers to Suppliers)
– Information (both ways)

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2
Q

SCM Concept

Read only

A

Suppliers — Company — Customers – Consumer

Can be back and forth dependent sa flow

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3
Q

Out of these, which are not part of the Supply Chain Org?

– suppliers
– Company
– customers
– consumers

A

consumers

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4
Q

_____ is a set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses, and stores, so that merchandise is produced and distributed at the right quantities, to the right location, and at the right time, in order to minimize systemwide cost while satisfying service level requirements

A

Supply Chain Management

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5
Q

Supply Chain Management is a set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses, and stores, so that merchandise is produced and distributed at the right ____, to the right ____, and at the right ___, in order to minimize systemwide cost while satisfying ____ level requirements

A

– quantities
– location
– time
– service

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6
Q

What are the 5 Rights in the SCM to optimize decisions

A

– Right Price
– Right Amount
– Right Time
– Right Place
– Right Quality

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7
Q
A
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7
Q

Known as ____ (Long, medium, or Day-to-day?) Decisions?

  • Top Management
  • Grooundwork for the entire SC process
  • ‘big-picture’ decisions
  • Decision is more subjective. Data is important, but human judgement is necessary

AKA ___ decisions

A

Strategic or Long term Decisions

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8
Q

Known as ____ (Long, medium, or Day-to-day?) Decisions?

  • Involve leaders in departments
  • A more specific process
  • Decision is in between subjective and
    objective. Data will be aggregate rather than detail

AKA ___ decisions

A

Tactical or Medium Term Decisions

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9
Q

Known as ____ (Long, medium, or Day-to-day?) Decisions?

  • Most commonly encountered
  • Decision is more objective, detail
    data should be used extensively

AKA ___ decisions

A

Day - to day or Operational decisions

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10
Q

Which type of decision is necessary for the following

  • Network Design
  • Transportation Mode Selection
  • Vendor / Supplier Selection
  • Labor Strategy Optimization
  • Revenue Management
  • Capacity Planning
  • Product Mix
A

Long term decisions

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11
Q

Which type of decision is necessary for the following
- Inventory Optimization
* Maintenance Planning
* Production Planning
* Supply Planning
* Demand Planning
* Order Planning
* Sales and Operation Planning

A

Medium term decisions

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12
Q

Which type of decision is necessary for the following
* Vehicle Routing
* Workforce Scheduling/Rostering
* Resource Allocation/Utilization
* Machine Scheduling
* Logistics / Shipment Planning and Routing
* Real-time Dispatching

A

Operational or Day - to Daya decisions

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13
Q

___ is made before we know what will happen in the future. It is involving take
account of the known and unknown uncertainty.

A

DEcisions

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14
Q

True or false: Almost all of supply chain decisions will have trade-offs

A

True

example:
* Cost vs Quality / Service Level
* Speed vs Cost
* Cost vs Speed
* Risk vs Return
* Cost vs Environment Impact

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15
Q
  1. How to order -> ____
  2. When to order ->
  3. What is the maximum inventory -> ___
  4. Where to put a single DC -> ____
  5. How many facilities and what is the flow -> ____
A
  1. EOQ Economic Order Quanitity
  2. ROP Reorder point
  3. (s,S) (Min inv, Max in)
  4. Gravity Location Model
  5. MIP
16
Q
  1. Where to locate plant -> ____
  2. Which product and how much to produce -> ___
  3. Which route to select -> ___
A
  1. MCDM
  2. MIP
  3. VRP
17
Q
A
18
Q
  1. Which third party to select -> ____
  2. What is the capacity level -> ___
  3. What order picking to choose -> ___
A
  1. MCDM
  2. Decision Tree
  3. Simulation
19
Q

3 types of analytics approach?

From top to bottom of the hierarchy

A

– Prescriptive
– Predictive
– Descriptive

20
Q

what type of analytics approach

  • Mathematical Model + Future Information
  • Assisted Decision Making
  • Tools: Simulation, Math. Programming, Artificial Intelligence
  • Give suggestions

What happens during this type of analytics:
1. Mathematical Optimization ( MILP )
1. Consider intermodal network (rail,road,sea)
2. Consider topology of Indonesia (sparse network)
2. Simulation (Numerical simulation)

A

Prescriptive Analytics

Personal note: Decisions based on the predictive analytics or forecasts

21
Q

what type of analytics approach

  • Data + Computing power
  • Auto-classification, future events, hidden patterns
  • Tools: Regression, Forecasting techniques, Machine
    Learning & Datamining
  • Predicting future data

What happens during this type of analytics:
1. Forecasting techniques
* Quantitative – Time Series
* Qualitative (Expert Judgement)

A

Predictive analytics

Personal note: forecast lang yung outcome but it does not involve making decisions. it guides lang in making decisions

22
Q

what type of analytics approach?

  • Post data analysis
  • U n d e r s t a n d t h e p r o b l e m
  • Visualisation, correlation, business intelligence
  • Tools: Statistics, Data visualization (dashboard, graph, chart, diagram)

What happens during this type of analytics:
1. Data Gathering
2. Understand the Problem Domain
3. Data Analysis
4. Data Visualization

A

Descriptive Analytics

23
Q

Supply Chain Network Design is about determining the optimal ____, ___ and ___ of facilities

A

– number
– size
– locations

24
Q

With good facility location in SCM network design, Expect ____% cost savings and service improvement

A

5-15

25
Q

The goal of the _______ – to find the shortest possible route that visits each city once and returns to the original city – is simple, but solving the problem is a complex and challenging endeavor.

A

TSP or Travelling salesman Problem

26
Q

The goal of the _____ is to find optimal routes for multiple vehicles visiting a set of locations. (When there’s only one vehicle, it reduces to the Traveling Salesman Problem.)

A

VSP or Vehicle Routing Problem

2ND TERM (13 decks)

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