Buad 331 exam 3 utk - Study guides, Class notes & Summaries

UTK BUAD 331 EXAM 1 2023/2024 | QUESTIONS AND ANSWERS (100% CORRECT) UTK BUAD 331 EXAM 1 2023/2024 | QUESTIONS AND ANSWERS (100% CORRECT) supply chain - ANSWER-consists of organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to the point of final consumption. SCM refers to... - ANSWER-components that are closer to the raw materials as being "upstream" and those that occur closer to the customer as be...

UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) ____________ the chain facilitates better strategic alignment between supply chain operations. A. Breaking B. Sharing C. Bending D. Spreading A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? A.Increase sales calls to all existing customers. B.Increase capacity utilization to gain economies of ...

Selectively apply automation to help reduce costs and lower prices at whole foods - ANSWER 1. In class we discussed amazons recent acquisition of whole foods. The strategy that seems the most plausible for amazon is: Focus on creating supply chains that deliver the specific form, time and place utility that each customer segment is looking for, at a price that each segment is willing to pay - ANSWER 3. Two kinds of customers walk into grizzly fly fishing shop: college freshman taking a fir...

_________ is the process around the interface between customer demand creation and supply chain creation of form, time, and place value to fulfill that demand. order cycle ________________ starts when the customer recognizes and ends when the customer acknowledges that the need has been fulfilled. order cycle time The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as: lead time gap The economic order quantity (EOQ) model ...

Which of the following is not a technique for fulfilling customer orders? -Supply cycle time -Anticipate form, time, and place -Full postponement -Make to stock, postpone time/place - CORRECT ANSWER-supply cycle time Ted's Wicked Dive Shop needs to put together a re-order plan for breathing regulators. Given that this product is high cost and highly customized in order to meet the unique demands of different divers, Ted should utilize which of the following strategies? -Order regulato...