The reduction of shipping - Study guides, Class notes & Summaries

BUAD 331 Exam 2 | Questions with 100% Correct Answers 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 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 When purchasing and supply management works well within an organization, the company acquires the best resources from...

What does the timer do? -Correct Answer It shuts off either the primary burner, or afterburner at a preset time so that the operator doesn't have to shut them off manually. Name the 8 systems that have some kind of control, either by the operator or by an automated programmer. -Correct Answer 1) Electric Activated Door Control 2) Blower 3) Combustion Burner 4) Afterburner 5) Timer 6) Temperature Controller/Indicator 7) Chart Reorder 8) Opacity Monitor What is the next step afte...

Which of the following are types of competitive strategies? - Answer-1. broad low-cost 2. broad differentiation 3. focused low-cost 4. focused differentiation 5. best-cost Which of the following is a typical course of action for companies that pursue low-cost leadership? - Answer-offering lower prices than their rivals Attempts to use low-cost advantage to attack rival companies with lower product prices can result in which of the following - Answer-1. retaliatory price cuts 2. a price ...

Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion - ANSWER-One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, and the other ...

OEM - Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO - Maintenance Repair Operation - people who fix something with a problem Contractor - Person who provides supplies or service under contract Breaking bulk - Shipping something in individual components 3PL - 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID - Radio Frequency Identific...

The supply chain features a constant flow of.... information, products, and funds SC surplus involves what 2 parts? Customer value and supply chain cost Customer value is... the sum of the supply chain surplus and supply chain cost. The objective of every supply chain is to... maximize the overall value generated Walmart's SC features clusters of stores around distribution centers, which facilitates.. Frequent but inexpensive replenishment at the stores t...

Operation management refers to managing the process to ______________________, in alignment with the company's business strategy as efficiently and effectively as possible, while also controlling costs Convert resources into goods/services The nature of Ops is carried out ___________________ and depends on the nature of the products or services in the portfolio varies by company Brainpower Read More 0:01 / 0:15 Manufacturing To process or make raw materials or components...

Supply Chain Exam 2 (Chapter 8) | Q & A (Complete Solutions) FedEx chose Memphis, Tennessee, for its central location, or "hub," primarily because of the incentives offered by the city of Memphis and the state of Tennessee. FALSE FedEx chose Memphis, Tennessee, as its U.S. hub because: A) the city is in the center of the United States, geographically. B) the airport has relatively few hours of bad weather closures. C) it needed a means to reach cities to which it did not have direct flights....

Supply Chain Exam 2 (Chapter 11) | Questions with Verified Answers Even though a firm may have a low cost strategy, supply-chain strategy can select suppliers primarily on response or differentiation. FALSE The supply chain for a brewery would include raw ingredients such as hops and barley but not the manufactured goods such as bottles and cans. FALSE When using the low-cost strategy for supply chain management, a firm should use buffer stocks to ensure speedy supply. FALSE Savings in the sup...

Copyright ©EMILYCHARLENE2025. ALL RIGHTS RESERVED Page 1/15 2024 Newest |CA Crematory Manager's Test| UPDATE|COMPREHENSIVE FREQUENTLY MOST TESTED QUESTIONS AND VERIFIED ANSWERS|GET IT 100% ACCURATE What does the timer do? - ANSWER-It shuts off either the primary burner, or afterburner at a preset time so that the operator doesn't have to shut them off manually. Name the 8 systems that have some kind of control, either by the operator or by an automated programmer. - ANSWER-1) Elect...