Exam (elaborations)
SCM 300 Exam 2 Module 5 questions correctly answered
- Course
- Institution
SCM 300 Exam 2 Module 5 questions correctly answered
[Show more]
Content preview
SCM 300 Exam 2 Module 54 managerial considerations in queues
1) Customers - How many are there? How quickly are they arriving?
2) The Waiting Lines - What types of lines? How many lines?
3) Employees - Who's working in the system? How many? Skill level and speed?
4) Service Facilities - How effective and efficient is the process? Tools?
Wholesalers
These organizations purchase goods from manufacturers. Typically, they purchase an assortment of
goods from many manufacturers, thus a retail company could purchase all of their electronics from a
single wholesaler versus having to purchase from each individual manufacturer.
Drop Shippers
A drop shipper is not really a source of supply, but rather an organization that ties manufacturers and/or
wholesalers directly to consumers. Drop shippers never actually possess the product, they simply take
orders which are fulfilled by another party.
Chargebacks
These are effectively penalties charged by retail organizations to their suppliers/vendors for any number
of minor and major supply chain offenses
, Last Mile
the portion of the supply chain between the final inventory holding facility and the end consumer
4 Types of Retail Ownership
- independent retailers
- chain
- franchise
- cooperative
Independent retailer
One store, one owner. Usually they are trying to satisfy a very specialized market or locale. Example:
Family owned corner stores, Boutique store that is run by the owner
Chain
multiple stores/facilities run by one owner/company
EX: home depot, walmart, costco, gap, macy's, safeway, amazon
Franchise
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79271 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now