SCM - FINAL EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW!!
A set of interdependent steps to achieve a goal is a(n) - Process
A sequence of organizations involved in producing and delivering a good or
service is a(n) - Supply Chain
Competitiveness is how effectively an organization meets the wants and needs of
_______ relative to other businesses offering similar goods or services. -
Customers
Business compete on some combination of ______, delivery time and product or
service differentiation. - Price
To support a firm in achieving a Responsiveness strategy, the Operations function
will focus on a priority of - quick response
Using a cross-functional design team solves potential problems, reduces costs,
and shortens time to market. The approach is called - Concurrent
engineering
is the design process that focuses on ease of manufacturing or assembly. -
Design for manufacturing
, What is the result of using a time series forecasting method that distinguishes
between random fluctuations and true patterns in demand data? -
Foreacsting accuracy is likely to increase
The key questions in the process selection task are:
(I) How will the product/service be priced?
(II) How much variety will be imposed on the process?
(III) What is the target market for the product/service?
(IV) At what volume will the process need to operate? - II and IV
The maximum load on the output an operating unit can handle is the unit's -
capacity.
Utilization= - actual output/design capacity
The first, and perhaps most important, step in constraint management is to
____________ the most pressing constraint. - Identify
Applying criteria to choose suppliers such as lead time, flexibility, price, and
quality is part of - vendor analysis
Reviewing supplier adherence to requirements is the _____ part of supplier
management. - supplier audits
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW!!
A set of interdependent steps to achieve a goal is a(n) - Process
A sequence of organizations involved in producing and delivering a good or
service is a(n) - Supply Chain
Competitiveness is how effectively an organization meets the wants and needs of
_______ relative to other businesses offering similar goods or services. -
Customers
Business compete on some combination of ______, delivery time and product or
service differentiation. - Price
To support a firm in achieving a Responsiveness strategy, the Operations function
will focus on a priority of - quick response
Using a cross-functional design team solves potential problems, reduces costs,
and shortens time to market. The approach is called - Concurrent
engineering
is the design process that focuses on ease of manufacturing or assembly. -
Design for manufacturing
, What is the result of using a time series forecasting method that distinguishes
between random fluctuations and true patterns in demand data? -
Foreacsting accuracy is likely to increase
The key questions in the process selection task are:
(I) How will the product/service be priced?
(II) How much variety will be imposed on the process?
(III) What is the target market for the product/service?
(IV) At what volume will the process need to operate? - II and IV
The maximum load on the output an operating unit can handle is the unit's -
capacity.
Utilization= - actual output/design capacity
The first, and perhaps most important, step in constraint management is to
____________ the most pressing constraint. - Identify
Applying criteria to choose suppliers such as lead time, flexibility, price, and
quality is part of - vendor analysis
Reviewing supplier adherence to requirements is the _____ part of supplier
management. - supplier audits
