Supply chain exam 2 Study guides, Class notes & Summaries

WGU D333 (Latest 2023/ 2024 Update) Ethics in Technology Exam| Questions and Verified Answers| 100% Correct| Grade A Q: What is industrial espionage? Answer: Acquiring competitors' sensitive information for promotion decisions. Q: What is a benefit of open source code? Answer: Open source code allows many programmers to read, redistribute, and modify the code so that it improves. Q: What is clinical decision support (CDS)? Answer: Process and tools to enhance health-r...

This document contains workings, explanations and solutions to the MAC4863 Assignment 2 (QUALITY ANSWERS) 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4.... Question 1 (25 marks) (This question comes from the Jan/Feb 2024 supplementary exam) Eagle Logistics (EL) was started many years ago when its founder Amir Singh, invested his retrenchment package into establishing the business. Amir has retired and handed over the business to his two sons, Hassan and Rohan. EL is a specialist in i...

Well-structured MAC4863 Assignment 2 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). ... Question 1 (25 marks) (This question comes from the Jan/Feb 2024 supplementary exam) Eagle Logistics (EL) was started many years ago when its founder Amir Singh, invested his retrenchment package into establishing the business. Amir has retired and handed over the business to his two sons, Hassan and Rohan. EL is a specialist in international logistics solutions with i...

BUAD 331 Supply Chain Exam 2Key factors for ensuring that products flow in a synchronous, coordinated fashion through the supply chain include: - correct answer Information sharing and process synchronization What is one benefit of buyer-seller collaboration in synchronized supply chain? - correct answer Demand information is captured and communicated in near real-time Which of the following is FALSE concerning "Quick Response" and "Vendor Managed Inventory" techniques? - correct answe...

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...

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 9) | Q & A with 100% Correct Answers The objective of layout strategy is to develop an effective and efficient layout that will meet the firm's competitive requirements. TRUE Which of the following is NOT one of McDonald's "seven major innovations"? A) the Happy Meal B) drive-through windows C) breakfast menus D) play areas E) self-service kiosks The objective of layout strategy is to: A) minimize cost. B) develop an effective and efficient layout that will mee...

Supply Chain Exam 2 (Chapter 16) | Questions and Answers TPS stands for Toyota Production System. TRUE TPS stands for Total Production Streamlining. FALSE Product storage is an example of waste in the sense that no value is added. TRUE In a JIT system, product inspection adds value by identifying defective items. FALSE Customer demand will always remain an unknown, so it is not considered a source of variability. FALSE Variability in manufacturing can occur because engineering drawings or spec...

BUAD 331 Supply Chain Exam 2 Questions And Answers Latest |Update| Verified Answers

SCMN 2150 Test 2 Auburn University Exam Review Questions & Answers What is procurement? - ANSWER-process of actually purchasing goods and services How does procurement differ from strategic sourcing? - ANSWER-Procurement operations support tactical day-to-day transactions such as issuing purchase orders to suppliers, whereas strategic sourcing represents to strategic planning, supplier development, contract negotiation, supply chain infrastructure, and outsourcing models. What is outsou...