Scm 301 - Study guides, Class notes & Summaries
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SCM 301 PASSED Exam Questions and CORRECT Answers
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SCM 301 PASSED Exam Questions and 
CORRECT Answers 
Four categories of Inventory - Ans Raw Materials, Work-in-progress (WIP), Finished goods, 
(Maintenance, repair, and operating) 
Functions of Inventory - Ans To buffer uncertainty in the marketplace and to decouple, or 
break, the dependencies between stages in the supply chain. 
Item cost - Ans direct costs traceable to each unit for material and labor
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SCM 301 Exam 3 (PSU)
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SCM 301 Exam 3 (PSU)
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SCM 301 Penn State Exam 3 Questions With 100% Correct Answers!!
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SCM 301 Penn State Exam 3 Questions With 100% Correct Answers!!
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SCM 301 Exam 3 (PSU)
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SCM 301 Exam 3 (PSU)
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SCM 301 Certification Exam Questions and CORRECT Answers
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SCM 301 Certification Exam Questions and 
CORRECT Answers 
supply chain - Ans a set of entities directly involved in the upstream and downstream flow of 
products, services, financials, or information from one source to a customer 
supply chain management - Ans the strategic and systemic coordination of business activities 
and tactics both between and within businesses to ensure long-term performance of the firms and 
their supply chain
And that's how you make extra money
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SCM 301 Final- Iowa State University
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SCM 301 Final- Iowa State University 
 
 
 
 
Warehousing - ANS Companies storing their purchases, work-in progress, and finished goods 
 
Distribution Center - ANS A warehouse that is used to receive bulk shipments, break them down, repackage items, and distribute them to a manufacturing center or retail center 
 
Crossdocking - ANS Unloading an inbound vehicle and reloading the product onto an outbound vehicle with little to no storage 
 
Sorting - ANS Separating products into grades a...
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SCM 301 Exam #1 questions and and answers
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SCM 301 Exam #1 questions and and answers
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SCM 301 Penn State Exam 3 Questions With 100% Correct Answers!!
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SCM 301 Penn State Exam 3 Questions With 100% Correct Answers!!
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SCM 301 Penn State Exam 3 Questions With 100% Correct Answers!!
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SCM 301 Penn State Exam 3 Questions With 100% Correct Answers!!
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SCM 301 - CH 9 - Management of Quality || with Accurate Answers 100%.
- Exam (elaborations) • 10 pages • 2024
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What is a broad definition of Quality? 
 
A. The overall aesthetic appeal and functioning of a product/service to be higher than the competition's. 
B. The ability of the product/service key parameters to fall within the specification limits. 
C. The ability of a product/service to consistently meet or exceed customer requirements or expectations. correct answers C 
 
In the late 1970's Quality took a strategic turn from a _________ approach--correcting defects before delivery--to a __________...
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