Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

A multistage inventory optimization implies a process which occurs simultaneously. Why should different stages share the risk?

There are two correct answers.

To propagate demand from downstream to upstream

To model the impact of the Internal Service Level (ISL) decision of the upstream stage at the downstream stage

Which special characteristics are being supported by the target inventory optimization?

Choose the correct answer.

It supports minimum stock requirements and cost per unit as inputs; It supports sub-network (PLUNITID) filters in Batch Mode; it supports unit of measure conversion for input and output key figures; and, it supports production and transportation lot size periods of coverage for PBR.

There are not special characteristics supported by a TIC.

How does the inventory optimization work?

There are three correct answers.

It optimizes the stock globally and simultaneously over all products and locations

It calculates the forecast error CV

The global run makes sure that all propagated demands are calculated

What does the expected loss demand calculation allow you to do?

Choose the correct answer.

The expected loss demand calculation allows you to estimate the opportunity loss for the selected target service levels by calculating the average lost demand quantity (or average expedited quantity) under a given inventory plan and demand distribution.

It calculates target inventory components such as cycle stock, pipeline stock, merchandising stock, and the average inventory position

What is the main purpose of the Multi-Stage Network Operator?

Choose the correct answer.

Calculate a multi-echelon inventory plan.

Visualize dependencies of nodes within the network.

An Inventory optimization algorithm should be activated. How can a user activate this process?

There are two correct answers.

Triggered by the planner via the SAP IBP, add-in for Microsoft Excel

Via a configuration parameter

As batched-based process

Is there a global parameter for the consideration of safety stock limitation?

Choose the correct answer.

No.

Yes.

Which are the four safety stock drivers in terms of variability?

Choose the correct answer.

1) Forecast error variability, 2) Service variability, 3) Lead time variability, and 4) Supply quantity variability

There is not uncertainty within the supply chain. Therefore, we do not need to model variability.

Do the inventory operators run a master data quality check?

Choose the correct answer.

Yes

Maybe

10.

In multi-stage supply chains, stages are linked together. Which is the interaction between the downstream and upstream sides in terms of service level?

Choose the correct answer.

There is no influence.

There are not two sides.

The upstream service level has an impact on the ability to meet the service level downstream.