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Exam (elaborations)
SCM 370 Exam 1 Questions With Correct Answers
NewSCM 370 Exam 1 Questions With Correct Answers...
Exam (elaborations)
SCM 370 exam 1 questions & answers 2024/2025
PopularSCM 370 exam 1 questions & answers 2024/2025 
 
 
operations management - ANSWERSthe planning, scheduling, and control of the activities that transforms inputs into finished goods and services 
 
inventory control - ANSWERSknow exactly whats in stock, what is sold and what we buy 
 
why forecast demand? - ANSWERS- to have enough supply 
- reduce wait times 
 
merket share - ANSWERShappens only at a point in time; a measure of a position in the market at a given point in time 
 
loyalty - ANSWERS...
Exam (elaborations)
SCM 370 Final Exam Question and answers rated A+ 2025/2026
NewSCM 370 Final Exam Question and answers rated A+ 2025/2026 
 
JIT (Just in time) - correct answer you try to eliminate waste: system with no waste (Dell making products as needed) 
 
Lean manufacturing - correct answer it's okay to have a little waste 
 
Example of why Lean works and JIT became Lean - correct answer --Ribeye steak is supposed to taste better than sirloin. Why does the sirloin taste worse? The fat content. Would tasting a whole fat steak taste better? Not necessarily. 
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