Production and logistics management Samenvattingen, Notities en Examens

CIPS Level 4 Module 1 Questions and Answers Rated A+ The Purchasing process 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" Direct Costs These are costs which can be identified directly with the production of a good or service; e.g. raw materials. Usually ...

CLA Practice Test Questions with complete solutions The Japanese term, kaizen, means: Continuous planning Quality improvement Quality planning Continuous improvement Who is the driving force throughout the life cycle of a product? Suppliers Customers Manufacturers Transporters Which of the following is the federal agency devoted to workplace safety? USDOT OSHA EPA FAA Which of the following regulates indistrial waste disposal? ISO 4000 Clean Water Act National Env...

TEST BANK For International Business: Competing in the Global Marketplace, 14th Edition By Charles Hill 9781260387544 Chapters 1-20 Complete Guide. TABLE OF CONTENT 1. Globalization 2. National Differences in Political Economy 3. Politi cal Economy and Economic Development 4. Differences in Culture 5. Ethics in International Business 6. International Trade Theory 7. The Political Economy of International Trade 8. Foreign Direct Investment 9. Regional Economic Integration 10. The Foreign Exchange...

SCMN 2150: Exam 1 Modules 1-4 Robert Straw Questions and Answers 100% Pass According to the Module 1 readings, what benefit is achieved by supply chain integration? A. reduced facility investment B. greater demand planning accuracy C. greater equipment utilization D. rationalized product handling B. greater demand planning accuracy According to the Module 1 readings, the ______ process focuses on minimizing the number of items that enter a backward flow due to defects, being out...

IDIS 343 Exam 1 Questions And Answers Already Passed what 3 things need to be right in supply chain management definition? quantities, locations, time primary logistics activities CS goals, inventory management, transportation, location % of GDP that is logistics costs 10.5-12 why are customers more demanding of the supply chain? they want quick response & mass customization 4 ways logistics adds value form, ownership, time, place 2 largest logistics costs transportation &...

IME 410 Exam 1 Latest Version with Certified Solutions Production Plan Definition Annual (Y) -> Quarter (Q) -> Monthly (M) Aggregate plan deals with groups/families of products sets mfg. rates and labor size capacity resource requirements expansion/reduction of logistics system Top management responsibility Production Plan Strategy - Level Good anticipation/visibility Same PP for each period Production Plan Strategy - Chase Controls on-hand inventory Keep ...

1. A famous case in the 1980s involved Coca-Cola introducing New Coke after much research. The failure of New Coke was largely due to a. a narrow conception of the research. b. uneven caliber of researchers. c. poor problem definition. d. late and occasional erroneous findings. e. personality and presentation differences. ANSWER: c RATIONALE: The release and imminent failure of the New Coke campaign stemmed from a lack of the correct problem definition by Coca-Cola. See...

SCMN 2150 Test 2 Questions and Answers with Verified Solutions What is procurement? The purchase of merchandise or services at the optimum possible total cost in the correct amount and quality. How does procurement differ from strategic sourcing and supply management? Procurement is buying the merchandise or services while SS tries to improve the buying process and SM is setting up in order to attain what it needs. What is strategic sourcing? The process of analyzing an organization...

1. Which definition used for quality evaluates how well a product performs its intended function? a. Support services b. Fitness for use c. Value for price paid d. Psychological criteria 2. Which total quality management (TQM) process was developed to stress management’s responsibility for quality? a. Fitness for use b. 14 points for quality improvement c. Product design quality d. Statistical quality control charts 3. Which total quality management (TQM) process consists of 13 publi...

CLA FINAL EXAM ALL POSSIBLE QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION;(CLA QUIZ BANK) Companies use color coded signs and markings to communicate safety information in the workplace. Which of the following colors typically means warning? Ans- Orange Which of the following is an assessment of potential to a worker's safety? Ans- Hazard analysis Which of the following allows for a computer to communicate directly with a supplier's computer 24 hours a day, seven days a week? An...