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what should drive activities across the supply chain? correct answers customer demand _____ utility focuses on what I want, ____ utility focuses on when I want it. correct answers form, time ___ tools facilitate i correct answers SC execution when supply chain data is ____, it contains pertinent details and supports analysis. correct answers relevant what SCIS application provide visibility of critical flows and help provide early warning signals of deviations from plans? correct ans...

Who is the most important participant in the supply chain? correct answers the consumer How many primary groups are in the SC? correct answers 5 What consulting company was your professor formally an executive? correct answers Accenture In reality, what does a SC look like? correct answers A spiderweb SCM help companies outpace the competition by managing their materials, product, and information flows in order to be: correct answers better, faster, cheaper If an organization can ...

Which of the following is a goal of production? correct answers Flexibility - able to handle change requests The dependability performance objective in manufacturing focuses on doing things fast and productively. correct answers False Transforming resources are the supporting tools like equipment and staff that are needed to execute the production process correct answers True Which production strategy seeks to eliminate waste (or Mu Da) in the creation of quality products at the least c...

what are the requirements of technology? correct answers 1. accurate 2. timely 3. reliable 4. relevant 5. accessible 6. portable How much $$$ is spent on supply chain software? correct answers 10 billion What type of software facilitates the day-to-day operations of a distribution center or factory? Planning software Execution software Analytics software Business intelligence software correct answers execution software Supply chain technology = software TRUE FALSE c...

Organizations cannot ignore or forget the importance of customer service t or f correct answers true The responsibilities of supply chain managers end when product is delivered to or taken home by the customer? t or f correct answers false what are some of the responsibilities of the firm after product delivery correct answers customer service, depot repair, service logistics, recycling examples of companies that provide great customer service correct answers chik-fil-a, starbucks, amaz...

What are supply chain software goals? correct answers auto decision making exception making cross-chain visibility infastructure Types of supply chain software correct answers planning execution lab event management business intelligence information requirements correct answers Accessible, Relevant, Accurate, Timely, Transferable, Relaible, Usable What is the most widely used supply chain software? correct answers excel T/F Supply chain technology = software correct answers FA...

What type of purchases should receive a supply manager's lowest priority and time commitment? correct answers Generic Goods The tactical activity of purchasing of merchandise or service at the optimum possible total cost in the correct amount and quality is called ______. correct answers Procurement Step 1 of the five-step procurement process correct answers identify need for material and services Step 2 of the five-step procurement process correct answers evaluate supplier options ...

25% reduction in excess and obsolete inventory correct answers What benefit can be gained by adopting best practices in supply chain planning? Step 4 Invest in performance management correct answers Which demand planning step does the organization evaluate the accuracy of the forecast and assess the forecast error level? Inventory buffer locations correct answers Planning for holiday demand is difficult for each of the following reasons EXCEPT for Reduced variable costs correct answers ...

Population correct answers the set of all objects or individuals we wished we had data on (e.g. US adults) Sample correct answers the set of objects that we actually have data on Sample proportions are just __________________ correct answers point estimates point estimate definition correct answers the statistic calculated from sample data used to estimate the true unknown value in the population Is the sample proportion the same from sample to sample? correct answers No Advantage...

Tests of Significant Must Haves correct answers random sample normal distribution confidence level p value approach hypotheses correct answers Ho: p = Po Ha : p > Po Ha : p < Po Ha : p ≠ Po confidence level correct answers The probability that the interval estimate will include the population parameter of interest, such as a mean or a proportion. Po = correct answers hypothesized population ^p = correct answers sample population z = correct answers ^p - Po / √(Po)...