Exam (elaborations)
BUAD 331 Exam 1|57 Answered Questions A+ Rated
- Course
- Institution
BUAD 331 Exam 1|57 Answered Questions A+ Rated
[Show more]
Seller
Follow
Victorious23
Reviews received
Content preview
BUAD 331 Exam 1|57 AnsweredQuestions A+ Rated
Supply chain management refers to: - -the management of up and
downstream relationship with suppliers and customers to deliver superior
customer value at less cost to the supply chain as a whole
-Which of the following company refers to itself as a "technology company
merged with a supply chain?" - -Amazon
-How does SCM create value? - -Form, time, place and exchange
-The "Great Divide" in SCM occurs between: - -demand-generating activities
and demand-fulfilling activities
-What megatrend(s) will greatly change SC managers? - -Disruptive
technology, talent/skills requirement, and social changes
-What is main problem with the traditional order process, as depicted in this
picture? - -Actions are sequential and thrown "over the wall" do the
downstream functional area
-SCM refers to the relatively new business phenomenon of - -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
-What part of the supply chain operations reference (SCOR) model involves
turning the raw material into a finished product? - -Make
-In relation to the overall supply chain, ____ place and priority on cost
savings while ____ place a priority on doing whatever is necessary to deliver
form, time, and place as promised on a specific order. - -upstream
operations, downstream operations
-What negative outcomes can result from large lot-sized, long lead-time
operations? - -Customers don't want the items, the items are in places and
at times the customers don't want them, and unsold products are sold at
reduced prices or scrapped together
-_____ the chain facilitates better strategic alignment between supply chain
operations. - -Bending
, -What did Caterpillar do in 2013 that led to a better integration of its supply
chain functions? - -Formed an integrated supply chain group to manage its
supply chain
-Which of the following would be a metric for a senior level supply chain
manager? - -Cash-to-cash cycle
-What is a company's optimal service level? - -The point whee the cost and
revenue curves are farthest apart
-Should all customers receive the same level of customer service? - -No
-The supply chain value proposition framework represents the interactions
between: - -Revenues, costs and assets
-According to an E&Y survey of supply chain professionals, what is the
priority of the supply chain organization? - -improving service quality
-Which of these is an example of a "tax haven"? - -a country or jurisdiction
with very low corporate costs
-Which of the following actions will most directly will lead to more cash
availability? - -Collect account receivables more quickly
-Which one of the types of planning was not introduced in this model? - -
Date planning
-Planning processes heavily utilize IT systems, but a planner is still vital to
ensure a high quality plan. - -True
-Which planning approach was discussed in this model? - -Exception based
-Supply chain measurement are often called all the below EXCEPT: - -
Critical points
-Supply chain measurement is important for all the reasons below except: -
-To build the income statement
-End-to-end supply chain measures are the most important type of supply
chain metric: - -True
-A scorecard is balanced typically includes which type of measure. - -
Financial, quality, learning and improvement, and cycle time
-Metrics provide a complete picture of supply chain performance> - -False
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Victorious23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now