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MGT 8803 – SUPPLY CHAIN WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 – 2025 ALREADY GRADED A+ $16.99   Add to cart

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MGT 8803 – SUPPLY CHAIN WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 – 2025 ALREADY GRADED A+

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MGT 8803 – SUPPLY CHAIN WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST 2024 – 2025 ALREADY GRADED A+

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  • November 9, 2024
  • 17
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGT 8803 – SUPPLY CHAIN
  • MGT 8803 – SUPPLY CHAIN
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NurseLNJ
MGT 8803 – SUPPLY CHAIN WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST 2024 –
2025 ALREADY GRADED A+



Costs of Inventory - ANSWERS--holding costs

-obsolescence

-spoilage

-rework

-shrinkage

-opportunity costs



Inventory Questions - ANSWERS-How much should we order?

When should we order more?



Total Cost - ANSWERS-ordering cost + inventory cost

,Ordering Cost - ANSWERS-Number of Orders per Year x Cost Per Order

=(D/Q) x S



Inventory Cost - ANSWERS-Average Inventory x Holding Cost Per Year

=(Q/2) x H



Economic Order Quantity (Q*) - ANSWERS--where holding costs = ordering cost

-total costs is at a minimum

=sqrt(2SD/H)




Operations and Supply Chain Management - ANSWERS-focuses on how to
develop capabilities to design, produce, and deliver products and services in a
competitive market



Capabilities that Drive Performance - ANSWERS--products & service features

-costs

-quality

-time to market

-ability to innovate



Supply Chain Processes - ANSWERS--plan

, -source

-make

-deliver

-return

-engage




Long Term Decisions - ANSWERS-strategic, competitive

-network configuration

-supply chain model

-outsourcing

-vertical integration (become own supplier)



Medium Term Decisions - ANSWERS-Tactical, planning

-lean

-Sales & operations planning

-inventory management



Short Term Decisions - ANSWERS-Operational, execution

-people

-equipment

-product

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