List and explain the five steps of the DMAIC process./What are the tasks in the purchasing cycle? /Describe the types of short-range, the medium-range, and the long-
range capacity decisions./Describe each of the five demand components in a time-series (of past demand data). /Describe causes of the bullwhip effect./How can a firm
design and develop a more resilient supply chain?/List and define the five ways to change supply chain structure. /List and define the five ways to change supply chain
infrastructure. / What are the steps that could be taken at a bottleneck resource to increase its capacity?/ Compare and contrast MRP systems and Order Point systems
of managing inventories. When do firms prefer MRP systems to Order Point Systems? Can MRP systems be used while managing capacity in a factory? Provide sufficient
justification for your answer.
QUESTION 66
1. List and explain the five steps of the DMAIC process.
3 points
QUESTION 67
1. What are the tasks in the purchasing cycle?
3 points
QUESTION 68
1. Describe the types of short-range, the medium-range, and the long-range capacity decisions.
3 points
QUESTION 69
1. Describe each of the five demand components in a time-series (of past demand data).
3 points
QUESTION 70
1. Describe causes of the bullwhip effect.
3 points
QUESTION 71
1. How can a firm design and develop a more resilient supply chain?
3 points
QUESTION 72
1. List and define the five ways to change supply chain structure.
3 points
QUESTION 73
1. List and define the five ways to change supply chain infrastructure.
3 points
QUESTION 74
1.
What are the steps that could be taken at a bottleneck resource to increase its capacity?
3 points
QUESTION 75
1. Compare and contrast MRP systems and Order Point systems of managing inventories. When do firms prefer MRP systems to Order Point Systems? Can MRP
systems be used while managing capacity in a factory? Provide sufficient justification for your answer.
