MODEL QUESTION PAPER

Name of Examination Final Assessment Test, Fall Semester, 2017-18

Class Number:
Slot: F2+TF2 Course Mode: CBL/PBL/RBL : CBL
VL2017181000849

Course Code: MEE2035 Course Title: Logistics and Supply Chain Management

Faculty Name: Dr.S.Thiagarajan ERP Code: 15250 School: SMEC

Contact No. 9944357451 Email: thiagarajan.s@vit.ac.in

General Instructions (if any): Use of normal probabilities table is allowed

Difficulty
Sub- Module HOTS?
Part Q. No. Question Text Marks Level
division No. (Y/N)
E/A/T

A Answer all questions : Total Marks for the section: (102 = 20)

1. Define the term value chain? 2 1

2. Compare average cost and incremental cost. 2 2

3. How are benchmarking priorities determined? 2 3

4. Differential pricing is beneficial. Justify. 2 4

5. Information must be useful while making supply 2 5

chain decisions. What characteristics make them
useful?

6. What are the issues and challenges in global supply 2 6

chain management?

7. State the methods by which a supply chain extracts 2 7

the benefits of aggregation.

8. What are the requirements for implementing a global 2 6

strategy?

9. What is meant by supply chain coordination? 2 5

10. What is strategic positioning? State the strategies 2 1

adopted by firms for positioning themselves in the
market.

Unit / Difficulty
Sub- HOTS?
Part Q. No. Question Text Marks Module Level
division (Y/N)
No. E/A/T

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B Answer any five questions: Total Marks for the section: (516 = 80)

11. a) Explain in detail on the three key issues, 8 1

responsiveness, reliability, and relationships, to
manage logistics.

11 b) Discuss in detail on supply chain integration and its 8 1

effect on performance.

12. What is meant by economic value added concept? 16 2

How is it related to shareholder value?

13. a) Discuss the importance of setting priorities in 8 3

benchmarking.

13 b) Mapping supply chain processes helps make 8 3

significant improvements. Explain in detail the
validity of the statement.

14. Discuss in detail the three different contract 16 4

mechanisms available for a supplier to design to
increase product availability.

15. a) Discuss on the effect on performance of lack of 8 5

coordination in supply chain.

15 b) Manufacturers are suitable for IT enablement than 8 5

service organizations. Justify.

16. a) Discuss in detail on global supply chain business 8 6

processes.

16 b) Explain the differences between domestic and 8 6

international operations for a global supply chain.

17. A company has started selling through its online 16 7

channel along with its retail stores. Management has
to decide which product to carry at the retail stores
and which products to carry at a central warehouse to
be sold only via the online channel. The company
currently has 900 retail stores in the United States.

Weekly demand for size large khaki pants at each

store is normally distributed, with a mean of 800 and
a standard deviation of 100. Each pair of pants costs
$30. Weekly demand for purple cashmere sweaters at
each store is normally distributed, with a mean of 50
and a standard deviation of 50. Each sweater costs
$100.

The company has a holding cost of 25 percent. The

company manages all inventories using a continuous
review policy, and the supply lead time for both
products is four weeks. The targeted CSL is 95

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percent.

How much reduction in holding cost per unit sold can

the company expect on moving each of the two
products from the stores to the online channel? Which
of the two products should the company carry at the
stores, and which should it carry at the central
warehouse for the online channel? Why? Assume
demand from one week to the next to be independent.

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