Scm 470 quiz 2 graded a - Study guides, Class notes & Summaries
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SCM 470 Quiz 2 Graded A+
- Exam (elaborations) • 2 pages • 2024
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SCM 470 Quiz 2 Graded A+ 
Safety Stock ️protects from uncertainty 
Decoupling Inventory ️different processing rates 
Anticipatory Inventory ️prebuild inventory for the future 
Cycle Stock ️average lot or badge size 
Pipeline Inventory ️moving from point A to point B 
Reasons to HOLD inventory ️- Meet customer demand - Temper uncertainty - Economies of scale - Profit during inflation - Manage lead times 
Reasons to MINIMIZE inventory ️- Obsolescence, breakage, theft - Storage...
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SCM 470 Quiz 1 Already Graded A+
- Exam (elaborations) • 3 pages • 2024
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SCM 470 Quiz 1 Already Graded A+ 
6 major speaking faults 1. unclear purpose 
2. lack of organization/leadership 
3. too much information 
4. not enough support 
5. monotonous voice and sloppy speach 
6. not meeting real needs of audience 
5 trouble spots openings 
closings 
transitions 
questions and answers 
visual aids 
4 fears shared by all speakers performing poorly 
audience 
embarrassment 
material is not good enough 
3 exercises that make you feel better physically proper...
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SCM 470 Quiz 3 Graded A+
- Exam (elaborations) • 5 pages • 2024
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SCM 470 Quiz 3 Graded A+ 
3 Laws of Forecasting 1. aggregate (group of products) is more accurate than disaggregate (single 
product) 
2. short term is more accurate than long term 
3. forecasts are no substitute for actual demand 
What are the three families of forecasting methods? Judgement, causal, time series 
What are some disadvantages of focus groups? expensive, time consuming, biased feedback 
What is it called when a group of experts individually work to develop a forecast, then...
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