SUPPLY CHAIN Study guides, Class notes & Summaries

Supply Chain Exam 2 (Chapter 16) | Questions and Answers TPS stands for Toyota Production System. TRUE TPS stands for Total Production Streamlining. FALSE Product storage is an example of waste in the sense that no value is added. TRUE In a JIT system, product inspection adds value by identifying defective items. FALSE Customer demand will always remain an unknown, so it is not considered a source of variability. FALSE Variability in manufacturing can occur because engineering drawings or spec...

Supply Chain Exam 2 (Chapter 11) | Questions with Verified Answers Even though a firm may have a low cost strategy, supply-chain strategy can select suppliers primarily on response or differentiation. FALSE The supply chain for a brewery would include raw ingredients such as hops and barley but not the manufactured goods such as bottles and cans. FALSE When using the low-cost strategy for supply chain management, a firm should use buffer stocks to ensure speedy supply. FALSE Savings in the sup...

Supply Chain Exam 2 (Chapter 9) | Q & A with 100% Correct Answers The objective of layout strategy is to develop an effective and efficient layout that will meet the firm's competitive requirements. TRUE Which of the following is NOT one of McDonald's "seven major innovations"? A) the Happy Meal B) drive-through windows C) breakfast menus D) play areas E) self-service kiosks The objective of layout strategy is to: A) minimize cost. B) develop an effective and efficient layout that will mee...

Supply Chain Exam 2 (Chapter 8) | Q & A (Complete Solutions) FedEx chose Memphis, Tennessee, for its central location, or "hub," primarily because of the incentives offered by the city of Memphis and the state of Tennessee. FALSE FedEx chose Memphis, Tennessee, as its U.S. hub because: A) the city is in the center of the United States, geographically. B) the airport has relatively few hours of bad weather closures. C) it needed a means to reach cities to which it did not have direct flights....

Supply Chain Management 301 Exam 3 (Iowa State) With Complete Solutions.

SUPPLY CHAIN MANAGEMENT AND MARKETING MIDTERM EXAM /LATEST UPDATE

SUPPLY CHAIN MANAGEMENT AND MARKETING EXAM III 2024/ACTUAL EXAM WITH CORRECT VERIFIED ANSWERS/A+ GRADE

SUPPLY CHAIN MANAGEMENT AND MARKETING EXAM III 2024/ACTUAL EXAM WITH CORRECT VERIFIED ANSWERS/A+ GRADE

SUPPLY CHAIN MARKETING AND MANAGEMENT MIDTERM EXAM 2024/ACTUAL EXAM WITH CORRECT VERIFIED ANSWERS/A+ GRADE