SCMT FINAL EXAM Questions and answers, rated A+| latest update 2024/25|

SCMT FINAL EXAM Questions and answers, rated A+ ___ operation has moderate customization, high cost, and weeks-mos order fulfillment speed (private jets) - -Build to order (BTO) ___ operation has total customizations, mos-years order fulfillment speed, and a very high cost - - ETO ____ & _____ created CPFR to improve communication between supplier and retailers - -walmart & warner lambert ____ and ____ of variation are best measures of reliability of a logistics process - -SD and Coefficient ____ is NOT a type of water transportation category - -plains ____ is the idea that there are many other costs than just the acquisition cost that should be accounted for in a purchase - -total cost of ownership ____ operation has limited customization and days-weeks order fulfillment speed (cars/computers) - -Assemble to order (ATO) _____ is a concept when products with low demand or low sales volume can collectively make up a market share that exceeds a small number of best sellers - -long tail _____ is defined as the recognition by an organization of the systemic, strategic implications of the tactical activities involved in managing the various flows chain - -supply chain integration _____ is the ability to achieve continuing economic prosperity while protecting the natural systems of the planet and providing a high quality of life for its people. - -Sustainability _______ is a process which allows one company to send information to another company electronically rather than using paper. - -EDI ___________ diversity is one of the greatest diversity management challenges facing businesses today. - -Age ____________ is when a retailer thinks there is more inventory than there actually is. Phantom inventory Estimated inventory Item fill rate Inaccurate inventory - -phantom _____________ is the idea that there are many other costs than just the acquisition cost that should be accounted for in a purchase. - -Total cost of ownership ______________ is choosing the most ap