BUAD 331 Study guides, Class notes & Summaries

Supply chain management refers to a relatively new business phenomenon: correct answer: the management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole Which of the following is not an element of the integrated supply chain for General Mills' Honey Nut Cheerios? correct answer: dairy cow farmers The "Great Divide" in the supply chain occurs between correct answer: demand-focused activitie...

Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. A. True B. False correct answer: B. False Which of the following is NOT an area in which successful supply managers need expertise? A. Technologies B. Customers C. Suppliers D. Processes E. Resources correct answer: B. Customers When purchasing and supply management works well within an organization, the company acquires the best res...

BUAD 331 Exam 1 Quizlet With Questions And Answers ...

BUAD 331 Exam 1 With Questions And Accurate Answers ...

BUAD 331 Exam 1 With Questions And Correct Answers ...

BUAD 331 Exam 1 With Questions And Real Answers ...

BUAD 331 Exam 1 With Questions And Correct Answers ...

BUAD 331 Exam 4 Accurate 100%(Scored A+) Challenges of Global Supply Chains - ANSWER- increased requirements for coordination between partners -cost pressure -high customer expectations -risk of SC disruptions and threats -high levels of material scarcity -different government rules and regulations -environmental concerns and sustainability Ghemawat Perspective - ANSWEReverything is regional, regional supply chain to support regional demand Problem with Ghemawat: - ANSWERgreat u...

BUAD 331 Exam 2 Correct 100%(RATED A+) You are SC manager at cellphone Inc. and part of your job is to make recommendations on fulfillment techniques for various products. Boss wants to know which products would be most appropriately serviced using lean technique. You tell him... - ANSWERa basic phone with a high volume of predictable customer demand A SC that utilized an agile order fulfillment technique will - ANSWERhold manufacturing until receiving actual customer orders Ted buys ...

BUAD 331 Exam 3 Questions With Verified Answers. Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place - ANSWERA. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C....

BUAD 331 Exam 3 Questions & Answers(Scored A+) Ted is approached by a diving goods supplier who tells him that he can reduce his purchasing price by half with ensured quality due to his lower cost structure resulting from his manufacturing locations in China. Should Ted accept the supplier's offer and why? a.) Yes, cutting the purchase cost by half can provide Ted's products great competitive price in the market. b.) Yes, ensured quality can reduce product defects and hence increase custo...

BUAD 331- Exam 2 Questions 100% Answered What is one major ISSUE that still exists in a lean fulfillment model: - ANSWERINVENTORY must be held in anticipation of customer orders Assuming company decided to adopt full agile/responsive order fulfillment, which case above would exemplify the costs associated with this strategy? - ANSWERTotal Inventory = Zero Case D In class we discussed 3-dimensional printers. Which of the following is NOT expected to be one of the benefits? - ANSWERReduced...