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1. The demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year. The demand is easily satisfied on a daily basis. This demand for bread can be categorized as _____.
a. static demand
b. overfull demand
c. unwholesome demand
d. dynamic demand
2. Which of the following is not a basic function of the Supply Chain Operations Reference (SCOR) model?
a. source
b. make
c. deliver
d. objectify
e. control
3. According to your textbook, which one of the following statements best reflects about conditions associated with vendor-managed inventory (VMI)?
a. VMI is a form of outsourcing.
b. VMI often increases the bullwhip effect.
c. VMI is used only in responsive supply chains.
d. VMI is identical to contract manufacturing.
e. VMI is used to manage WIP inventories under special conditions.
Again, using the data for Jones Company in problems 2 and 3, suppose Jones believes that in the upcoming year, the rate of sales expected for each of the five items is as follows. Compute the days of supply for each item.
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