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Pre-sessional quiz

Question 1 – Please rate the usefulness to YOU of:
1 (not at all useful) 2 3 4 5 6 7 8 9 10 (Extremely Useful)
Completing an essay
Class teacher feedback for you
Marking other students essays
Other students feedback for you

Question 2

Question 3

Question 4 – Please rate the following in terms of importance for generating changes in the levels of inventory held by firms:
Very Important Quite Important Somewhat Important Unrelated I don’t know
a lack of information
variable consumer demand
a lack of collaboration
production delays
the structure of the supply chain

Question 5 – Imagine a supply chain for a drink comprising a producer, distributor, wholesaler and retailer. Please rate the following in terms of how volatile activity (production or orders from higer up in the chain) is in that part of the supply chain.
Most volatile Average volatility Least volatile Not at all volatile Don’t know
Producer (makes the item and sells to distributors)
Distributors (buy from producers and sells to wholesalers)
Wholesalers (buy from distributors and sells to retailers)
Retailers (buy from wholesalers and sells to consumers)

Question 6 – What are the big changes that have taken place in terms of inventory management in the last 20-30 years?

Question 7

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