Exam (elaborations)
DEFM-200 QUESTIONS AND ANSWERS 100% CORRECT
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Exam of 6 pages for the course FCCM at FCCM (DEFM-200)
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DEFM-200Continuous replenishment supply chains - answer focus on the relationship with
customers (and suppliers), and involve sharing information freely. Strategic
Partnerships, long-term stability and mutual trust are all key components of this type of
supply chain.
Lean supply chains - answer focus on efficiency and lowest cost-to-serve. In order to
achieve this outcome, high-volume, low-variety business is ideal, and products are
made and distributed to forecast. Economies of scale are the order of the day, in what is
mostly a predictable operating environment for essentially mature products and
services.
Agile supply chains - answer are all about delivering a quick response to demanding
customers, mostly by making to order using postponement techniques. This has to be
the case because the operating environment is now quite unpredictable.
Fully flexible supply chains - answer are designed to meet unplanned and unplannable
demand. The subculture is essentially entrepreneurial and involves a small group of
like-minded individuals seeking creative solutions, fast. The leadership is by inspiration,
and always authentic.
Four generic types of Supply Chain - answer- Continuous Replenishment
-Lean Supply chain
-Fully Flexible
-Agile Supply
4 main buying behaviours - answerDefined as 'collaborative', 'efficient', 'demanding' and
'innovative solutions'.
Contract Life Cycle - answerThe beginning, middle and end of a contract happen. The
Life Cycle has three contract phases: Pre-Award, Award, and Post-Award. The three
phases fall into the five domains of the contract Life Cycle: solicitation, offer, contract,
contract performance, and closed contract.
Contract Management - answerIntergrates the process used to manage contract
throughout the contract life cycle while ensuring customer satisfaction.
(Commercial disputes) expectation of damages - answerMonetary damages to place
the aggrieved party in the same position as if the contract has been performed.
, (commercial disputes) reliance damage - answerMonetary damages, such as
compensation for expenses or losses, that place the group party in the same position as
was in before signing a contract
(commercial disputes) restitution - answerThe defendant must repay the monetary value
they received from the grief party for partial contract performance
(Commercial disputes) stipulated damages - answerThis is a fix some or formula that
the contract provides as remedy for partial or full breach of contract. Stipulated
damages are also called "liquidated damages "
(commercial disputes) interest - answerThis may be calculated in addition to any
damages awarded
(commercial disputes) punitive damages - answerThese are designed to punish the
guilty party, and are applicable only if the defendant is guilty of fraud, malice or
oppression. Punitive damages may not be applicable in a breach of contract cases.
(commercial disputes) specific enforcement - answerAlso called "specific performance
"the court requires the party that breach the contract, a complete contract performance
government contracting disputes - answer-must be in writing
-The address to the contracting officer
-Identify a sum of money or monetary compensation demanded
-Be certified
Government providing damages - answer-actual cost method
-Jury verdict message
Prime. Contract applicable laws. - answerFRA and interpreted in case law
FRA part 12 "acquisitions of commercial items "
Subcontract applicable laws - answerHybrid of commercial laws and FRA. Based
primarily on commercial law UCC.(uniform commercial code.)
flow down - answerThe transfer and translation of requirements from a prime contract
into a subcontract in support of the prime contract
PIA - answerProprietary information agreements- proprietary information is data owned
by a contractor that is not publicly available and which may be used with permission of
the owner
Government requirements for teaming - answerFAR 9.6
Partnership, joint ventures, prime/subcontractor team
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