Idis 343 - Study guides, Class notes & Summaries

Primary Key Act/Processes : setting customer service goals, transportation, inventory management, location Secondary Key Act/Processes : warehousing, materials handling, acquisition, protective packaging, product scheduling, order processing Customer Service Triangle : inventory, transportation, and location strategy customer desires in the supply chain : quick response & mass customization an integral part of company strategy : generate revenue & improve profit logistics is a key to...

Logistics : The art and science of obtaining, producing and distributing material and product in the proper place and in proper quantities US Business Logistics Costs : USBLC Cost, Speed of Delivery, Flexibility, IT Resources : Transportation is typically decided based on a trade-off of what? Air : Mode of Transportation: -Fast and Reliable -Expensive Air : Mode of Transportation that is good for: 2 | P a g e -Shipping high-value -Lightweight over long distances -Expediting Tru...

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

Annual holding cost is calculated based on : Average inventory If EOQ is ordered which of the following is true? : Annual order cost is equal to the annual holding cost The Setup cost (in a production scenario) are analogous _________ costs. : ordering The slope of the total cost curve at EOQ is : zero The three general classes of costs that are important in identifying the EOQ : Purchase cost, ordering cost, holding cost Which of the following is NOT an advantage of a periodic review ...

IDIS 343 Final Real Exam | Questions with Verified 100% Correct Answers 2024 Which of the following product characteristics is the most related to the utilization of the transportation equipment and the inventory space? •Value-to-weight ratio Value of the product Weight-to-volume ratio Substitutability Correct Answer Weight to Volume Ratio Which of the following products would more likely need a responsive supply chain? Ball point pens Christmas ornaments Customized birthday gifts...

Test Bank for Marketing Research 12e 12th Edition by Carl McDaniel, Roger Gates. ISBN 6310. Full Chapters test bank included 1 Steps in Creating Market Insights and the Growing Role of Marketing Analytics 1 Marketing Research and Developing Market Insights 1 Marketing Research Defined 2 Importance of Marketing Research to Management 2 Understanding the Ever-Changing Marketplace 3 Social Media and User-Generated Content 3 Proactive Role of Marketing Research 4 Marketing An...