SCM - FINAL EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW!!
The ability of the customer to track their order from placement to delivery is -
order visibility.
The opportunities from globalization are often accompanied by - significant
additional risk.
Problems in learning within organizations that contribute to the bullwhip effect
are referred to as - behavioral obstacles.
The competent supply chain manager decided to aggregate all inventories and as
required, use fast mode of transportation for filling customer orders of his -
high-value and low-demand product.
The required safety inventory - increases with an increase in the lead time
and the standard deviation of periodic demand.
The margin lost from current as well as future sales if the customer does not
return should be included in - the cost of understocking the product.
Aggregate planning is concerned with determining - the production level,
inventory level, and capacity for each period.
, Managers can improve coordination within the supply chain by - aligning
goals and incentives.
A contract that allows a retailer to return unsold inventory up to a specified
amount, at an agreed upon price is a - buyback contract.
Stefan's compensation plan rewards his hard work by paying him ten cents per
mile driven while he delivers orders to the downstream members of his supply
chain. Some managers view this reward as counterproductive since there is a
temptation to take the longest route between two points rather than making
more deliveries. This obstacle to supply chain coordination falls into the category
of - incentive obstacles.
Companies typically divide the task of supply and demand so that -
Marketing manages demand and Operations manages supply.
Developing countries often create free trade zones where - duties and
tariffs are relaxed as long as production is used primarily for export.
The inventory that is built up to counter predictable variability in demand is called
- seasonal inventory.
Offshoring to low-cost countries is most attractive for products with - large
production volume.
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW!!
The ability of the customer to track their order from placement to delivery is -
order visibility.
The opportunities from globalization are often accompanied by - significant
additional risk.
Problems in learning within organizations that contribute to the bullwhip effect
are referred to as - behavioral obstacles.
The competent supply chain manager decided to aggregate all inventories and as
required, use fast mode of transportation for filling customer orders of his -
high-value and low-demand product.
The required safety inventory - increases with an increase in the lead time
and the standard deviation of periodic demand.
The margin lost from current as well as future sales if the customer does not
return should be included in - the cost of understocking the product.
Aggregate planning is concerned with determining - the production level,
inventory level, and capacity for each period.
, Managers can improve coordination within the supply chain by - aligning
goals and incentives.
A contract that allows a retailer to return unsold inventory up to a specified
amount, at an agreed upon price is a - buyback contract.
Stefan's compensation plan rewards his hard work by paying him ten cents per
mile driven while he delivers orders to the downstream members of his supply
chain. Some managers view this reward as counterproductive since there is a
temptation to take the longest route between two points rather than making
more deliveries. This obstacle to supply chain coordination falls into the category
of - incentive obstacles.
Companies typically divide the task of supply and demand so that -
Marketing manages demand and Operations manages supply.
Developing countries often create free trade zones where - duties and
tariffs are relaxed as long as production is used primarily for export.
The inventory that is built up to counter predictable variability in demand is called
- seasonal inventory.
Offshoring to low-cost countries is most attractive for products with - large
production volume.
