Mar 3203 exam 4 - Study guides, Class notes & Summaries

MAR 3203 Exam 4 UCF Latest Update Graded A+ Supply Chain Management (SCM) the coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer. make or buy decision a decision concerning whether an item should be produced internally or purchased from an outside supplier Outsourcing obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source. Vertical Integration An approach typical of tr...

MAR 3203 EXAM 4 LATEST UPDATED...

MAR 3203 EXAM 4 UCF, Exam Questions and answers, rated A+ local optimization can do what? Maximizing local profit or minimizing cost in a supply chain is best described as? - -magnify fluctuations (marketing forgets to tell OM something is on sale, surge in demand, may run out) What type of negotiation strategy is based on published, auction, or indexed prices? - -market-based price model A supply chain ends with? starts with? - -a satisfied customer. raw materials What is transferr...

MAR 3203 UCF EXAM 4 QUESTIONS AND CORRECT ANSWERS...

MAR 3203 UCF Exam 4 Questions & Answers 2024/2025 Supply Chain Management (SCM) - ANSWERSthe coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer. make or buy decision - ANSWERSa decision concerning whether an item should be produced internally or purchased from an outside supplier Outsourcing - ANSWERSobtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source. Vertical Integrat...

MAR 3203 Exam 3 UCF LATEST UPDATE GRADED A+ Prevention cost incurred to prevent or avoid quality problems; design, implementation, maintenance Examples of prevention costs product or service requirements, quality planning, quality assurance, training Appraisal costs associated with measuring and monitoring activities related to quality; suppliers & customers evaluation of purchased materials, processes, products and services Examples of appraisal costs verification, quality aud...