Scor model Study guides, Revision notes & Summaries

APICS CSCP Module 3 Section C with Complete Solutions Cycle Time 1) In industrial engineering, the time between the completion of two discrete units of product. EX: [if] motors [are] assembled at a rate of 120 per hour, [this] is 30 seconds. 2) In materials management, the length of time from when material enters a production facility until it exits. Syn: throughput time Inventory Velocity The speed which inventory passes through an organization or supply chain at a give point in ...

BUAD 331 Supply Chain Exam 1 Questions and Answers Graded A+ Supply chain management refers to: The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole. Name the ways that supply chain management creates value? Form, Time, Place and Exchange The "Great Divide" in SC occurs between: Demand focused activities and supply focused activities Which emerging megatrends will greatly c...

How does Zara use its supply chain capabilities to generate competitive advantage? A. Stocking clothing far in advance of sales to ensure in-stock availability. B. Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers. C. Speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions. D. Cycling seasonal clothing trends using long-term predictions of demand to lower costs for customers. - ANSWERC Supply chain ma...

supply chain management refers to: correct answer: the management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole Which company refers to itself as a "technology company merged with a supply chain"? correct answer: Amazon How does supply chain management create value? correct answer: form, time, place, exchange The "Great Divide" in supply chain management occurs between: correct ...

Chapter 03 Managing Processes and Capacity Multiple Choice Questions 1. Process thinking causes managers to address critical process elements, including: A. Activities. B. Inputs and outputs. C. Flows, structure, resources, and metrics. D. All of these. 2. Which of the following is NOT a basic activity type in processes? A. Delay B. Operation C. Reporting D. Storage E. Decision 3. You walk into a hair stylist shop. All stylists a...

Supply Chain Management Rutgers Ch1 Questions and Answers Already Passed what is supply chain management? the coordination of a network of independent organization all involved in creating a desired product or service, an moving it from suppliers out to customers,when and where they want it Supply chain management Delivers value by managing the processes of all those otherwise independent trading partners so that they collaborate with one another Goal of Supply Chain Management Incr...

1.2 Supply Chain Management refers to: correct answer: The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole. 1.3 Which company refers to itself as a "technology company merged with a supply chain"? correct answer: Amazon 1.4 How does supply chain management create value? correct answer: Form, Time, Place, and Exchange 1.1 How does supply Zara use its supply chain capabilities to...

A buyer that sends its personnel to a work site to visually check on progress is doing what? o Direct observation o Indirect observation o Fact-finding o Post-production testing 6.1.5 Observe and Monitor Performance A fixed sum or formula that the contract provides as a remedy for partial or full breach of the contract is called what? o Liquidated damages o Expectation damages o Reliance damages o Punitive damages 5.4.1.2 Commercial Contract Disputes A Federal Supply Sche...

How does Zara use its supply chain capabilities to generate competitive advantage? - ANSWERspeeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions SCM refers to a relatively new business phenomenon of: - ANSWERthe management of up + downstream relationships with suppliers + customers to deliver superior customer value at less cost to the supply chain as a whole Which of the following companies refers to itself as a "technology company merged with a...

1. What is considered PLM information? correct answers • PLM includes Bills of materials, marketing and sales input, cost accounting data, test and performance criteria, service and use history, as-built information 1. Despite the benefits, CRM has actually had about a ________ failure rate, according to the Gartner Group study. correct answers 55% 1. Product life cycle management (PLM) is actually an outgrowth of: correct answers • PLM started as an extension of CD to include electron...