SCMN 2150 Study Guide Exam Questions With Verified Complete Solutions.
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Course
SCMN 2150
Institution
SCMN 2150
25% reduction in excess and obsolete inventory - Answer What benefit can be gained by adopting best practices in supply chain planning?
Step 4 Invest in performance management - Answer Which demand planning step does the organization evaluate the accuracy of the forecast and assess the for...
SCMN 2150 Study Guide Exam
Questions With Verified Complete
Solutions.
25% reduction in excess and obsolete inventory - Answer What benefit can be gained by adopting best
practices in supply chain planning?
Step 4 Invest in performance management - Answer Which demand planning step does the
organization evaluate the accuracy of the forecast and assess the forecast error level?
Inventory buffer locations - Answer Planning for holiday demand is difficult for each of the following
reasons EXCEPT for
Reduced variable costs - Answer What benefit will be created if a supply chain reduces its inventory
carrying costs?
Unilever - Answer Which company holds the top spot in the 2017 Gartner Top 25 Supply Chains list?
Avoid the need to charge sales tax to customers - Answer According to this week's reading about
Amazon, why did the company originally limit its facilities to states like Arizona, Tennessee, Pennsylvania,
Kentucky, and a few others
Severe traffic congestion - Answer What factors tend to pull facilities away from its main markets?
Materials requirement planning - Answer _____ converts the master schedule of production into a
detailed schedule, so that you can purchase raw materials and components.
Master production plan - Answer The _____ is the plan that a company develops for production,
staffing, or inventory.
, Creating independent forecasts and action plans. - Answer Is not one of the key priorities of Sales and
Operation Planning
False - Answer T/F... All supply chains are constructed in a similar fashion with the same number and
types of participants.
True - Answer T/F... Auburn has an RFID lab that work on Supply chain solutions like product tracking
and visibility
Capacity - Answer *The rate at which output can be produced by an operating unit
*Ex: Machine, process, facility, company, restaurant, movie theater, airplane, etc.
Capacity cushion - Answer *An additional amount of capacity added onto the expected demand to
allow for greater than expected demand and demand during peak demand seasons.
*Creates flexibility.
capacity planning - Answer The process of establishing the output rate that can be achieved
(throughput)
Capacity Planning and Management - Answer Goal is to match capacity and demand
False - Answer T/F... Capacity planning provides the ability to be proactive rather than reactive in the
management of inventory levels, material flow, and production scheduling
Capacity Utilization - Answer Measures how much of the available capacity is actually being used
Centralized - Answer *National
*Lower investment
*Lower level Lower cost
*Higher cost Effective
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