SCM 300 DAVILA ASU SCM 300 Arizona State University - Questions with complete solution

SCM 300 DAVILA ASU SCM 300 Arizona State University - Questions with complete solution 3 branches of supply chain - correct answer procurement (purchasing), operation, logistics, reverse Procurement (purchasing) - correct answer the branch of supply chain where deals happen, negotiations for the best price on materials, equipment, goods, and services. acquiring materials and placing orders. Operations - correct answer the branch responsible for making business processes effective and efficient (help create high quality products/services using fewest resources possible). Logistics - correct answer is concerned with transportation, finding the right partners or best ways to get the product or service from origin to consumption. Key variable in elementary inventory calculations - correct answer Q - lot size D - annual demand C - cost to purchase one unite H - cost to hold on unit of inventory in one year S - cost to place a single order Annual cost to purchase inventory - correct answer DC Annual Holding Cost (AHC) - correct answer (Q/2)*H Annual Ordering Cost (AOC) - correct answer (D/Q)S