SCM 309 Quiz 1, 2, 4, 6 (with Complete Solutions)

SCM definition correct answers resources capabilities strategic SCM includes everything except correct answers productions scheduling Which is not a reason to manufacture in house correct answers insufficient capacity When would you use an external supplier correct answers better cost of control Tc manufacturing correct answers tc=fc + (vc * q) outsourcing correct answers tc= p*q Breakeven correct answers q= fc/(p-vc) total cost of ownership analysis correct answers extends which of the following is a direct material correct answers oil filter high supply high profit correct answers strategic high supply low profit correct answers bottle neck Alternative products and services correct answers non critical (supply base) firm acquire correct answers materials and services single sourcing correct answers less quality variability The primary goal of Supplier Relationship Management is to correct answers continuously improve performance Supplier selection criteria includes quantitative and aspects to be considered. Identity from the list below which one is a quantitative criterion: correct answers Cost In terms of Supplier Segmentation, only some inputs are strategic resources. Using a Pareto Classification, __________ items should have 5-year contracts, 1 or 2 suppliers, and collaboration for joint designs. correct answers Pareto Class A There are different types of Supplier Relationships. A Transactional Relationship is characterized by the following statements, EXCEPT correct answers supplier base is small There are different types of Supplier Relationships. A Strategic Alliance Relationship is characterized by the following statements, EXCEPT correct answers the duration of the relationship is short