ASU SCM 300 FINAL EXAM DAVILA UPDATED ACTUAL Questions and CORRECT
Answers
Competitive Priorities (M1) cost, quality, speed, flexibility
WHAT DID I BUY / WHAT DID IT COST ME
-ration of outputs to inputs --> maximize amount of out-
Productivity vs. Value (M1)
puts that can be produced and delivered while minimizing
inputs // ratio of outputs purchased divided by inputs
used to purchase
effective and eflcient integration of the suppliers, manu-
facturers, transportation organizations as well as the other
What is SCM (M1)
parties responsible for collectively bringing products and
services to market
making business processes effective and eflcient; create
high quality products/services using the fewest resources
Operations Management (M1)
as possible; DO IT THE EASIEST WAY POSSIBLE; improve
how things are done
responsible for developing the transportation itinerary
and finding the appropriate transportation and storage
Logistics (M1)
partners to successfully navigate the flow of materials from
point of origin to final destination point
the brand responsible for acquiring materials, equipment,
Procurement (M1) products, and services; developing relationships and ne-
gotiating
Upstream: direction that points to suppliers; manager
would try and get empty boxes at the retailer back to
distributor to reuse
Upstream vs. Downstream vs. Reverse Logistics 1st Tier /
Reverse Logistics 2nd Tier (M1) Downstream: supply chain direction that points towards
the customer -- that's the goal is getting to customer
, 1st: company's direct supplier
2/9
Answers
Competitive Priorities (M1) cost, quality, speed, flexibility
WHAT DID I BUY / WHAT DID IT COST ME
-ration of outputs to inputs --> maximize amount of out-
Productivity vs. Value (M1)
puts that can be produced and delivered while minimizing
inputs // ratio of outputs purchased divided by inputs
used to purchase
effective and eflcient integration of the suppliers, manu-
facturers, transportation organizations as well as the other
What is SCM (M1)
parties responsible for collectively bringing products and
services to market
making business processes effective and eflcient; create
high quality products/services using the fewest resources
Operations Management (M1)
as possible; DO IT THE EASIEST WAY POSSIBLE; improve
how things are done
responsible for developing the transportation itinerary
and finding the appropriate transportation and storage
Logistics (M1)
partners to successfully navigate the flow of materials from
point of origin to final destination point
the brand responsible for acquiring materials, equipment,
Procurement (M1) products, and services; developing relationships and ne-
gotiating
Upstream: direction that points to suppliers; manager
would try and get empty boxes at the retailer back to
distributor to reuse
Upstream vs. Downstream vs. Reverse Logistics 1st Tier /
Reverse Logistics 2nd Tier (M1) Downstream: supply chain direction that points towards
the customer -- that's the goal is getting to customer
, 1st: company's direct supplier
2/9
