7. Risk and Sustainability

Resilience — Quiz

Test your understanding of resilience with 5 practice questions.

Practice Questions

Question 1

Which supply chain strategy involves maintaining extra capacity or inventory as a backup to mitigate disruptions?

Question 2

A company cross-trains its workforce to operate multiple types of equipment as demand shifts. This action primarily enhances which resilience capability?

Question 3

A product has an average daily demand of 100 units, a lead time of 4 days, and a standard deviation of daily demand of 30 units. For a service level corresponding to a Z-score of 1.28, what is the safety stock?

Question 4

After a key supplier fails, a firm switches to a pre-qualified secondary supplier within 12 hours to resume production. This demonstrates which resilience capability?

Question 5

What is the primary purpose of scenario planning in supply chain resilience?