BUAD 331- Exam 2 Questions 100% Solved!

What is one major ISSUE that still exists in a lean fulfillment model: - ANSWERINVENTORY must be held in anticipation of customer orders Assuming company decided to adopt full agile/responsive order fulfillment, which case above would exemplify the costs associated with this strategy? - ANSWERTotal Inventory = Zero Case D In class we discussed 3-dimensional printers. Which of the following is NOT expected to be one of the benefits? - ANSWERReduced DEMAND uncertainty. What is one benefit of buyer-seller collaboration in a synchronized supply chain? - ANSWERDemand and supply information is communicated and shared in near real-time. Among Lowe's product categories, nails are one of the basically products that have low customization, long product life cycle, and stable demand. Which of the fulfillment techniques is the best fit for ordering nails? - ANSWERAnticipatory. A supply chain that utilizes an AGILE fulfillment technique will: - ANSWERBase manufacturing on ACTUAL customer orders. Noodles and Company uses Coca-Cola Freestyle machines. What kind of order fulfillment is Coca-Cola Freestyle using? - ANSWERHybrid lean and agile. Enterprise Resource Planning systems, or ERP, form one critical part of the IT infrastructure. Its role is best represented as: - ANSWERProviding an organization-wide platform for collecting and disseminating data. What are two primary enablers of differentiated supply chain management used to optimize value to both customers and a delivering firm? - ANSWERInformation technology and relationships. With regard to supply chain information flows, planning is performed in the ____________ flows while order processing occurs in the ___________ flows. - ANSWERCoordination, Operating. Which of the following is NOT an example of information-enabled supply chain? - ANSWERTed's Wicked Dive shares inventory information with suppliers only when placing orders. Which value represents the total cycle time? - ANSWER19 Which of the following is NOT a driver of time-based competition? - ANSWERIncreased focus on customer segmentation.