SCMN 2150 Auburn Test 1

SCMN 2150 AUBURN EXAM PART 1 25% reduction in excess and obsolete inventory answersWhat benefit can be gained by adopting best practices in supply chain planning? Step 4 Invest in performance management answersWhich demand planning step does the organization evaluate the accuracy of the forecast and assess the forecast error level? Inventory buffer locations answersPlanning for holiday demand is difficult for each of the following reasons EXCEPT for Reduced variable costs answersWhat benefit will be created if a supply chain reduces its inventory carrying costs? Unilever answersWhich company holds the top spot in the 2017 Gartner Top 25 Supply Chains list? Avoid the need to charge sales tax to customers answersAccording to this week's reading about Amazon, why did the company originally limit its facilities to states like Arizona, Tennessee, Pennsylvania, Kentucky, and a few others Severe traffic congestion answersWhat factors tend to pull facilities away from its main markets? Materials requirement planning answers_____ converts the master schedule of production into a detailed schedule, so that you can purchase raw materials and components. Master production plan answersThe _____ is the plan that a company develops for production, staffing, or inventory. Creating independent forecasts and action plans. answersIs not one of the key priorities of Sales and Operation Planning False answersT/F... All supply chains are constructed in a similar fashion with the same number and types of participants. True answersT/F... Auburn has an RFID lab that work on Supply chain solutions like product tracking and visibility Capacity answers*The rate at which output can be produced by an operating unit *Ex: Machine, process, facility, company, restaurant, movie theater, airplane, etc. Capacity cushion answers*An additional amount of capacity added onto the expected demand to allow for greater than expected demand and demand during peak demand seasons. *Creates flexibility. capacity planning answersThe process of establishing the output rate that can be achieved (throughput) Capacity Planning and Management answersGoal is to match capacity and demand False answersT/F... Capacity planning provides the ability to be proactive rather than reactive in the management of inventory levels, material flow, and production scheduling Capacity Utilization answersMeasures how much of the available capacity is actually being used Centralized answers*National *Lower investment *Lower level Lower cost *Higher cost Effective Centralized Distribution advantage answersLower overall inventory Centralized Network answersthe single node controls customer interaction, the flow of goods, and other key activities on a national basis • Benefits • Lower safety stock levels • Lower overhead costs