UTK BUAD 331 Exam 1- Test Questions and Answers
100% Solved
What is a company's optimal service level? Correct Ans-The point where the cost and
revenue curves are farthest apart
Should all customers receive the same level of customer service? Correct Ans-No
Which one of the types of planning was not introduced in this module? Correct Ans-Date
Planning
Planning processes heavily utilized IT systems, but a planner is still vital to ensure a high
quality plan. Correct Ans-True
Which planning approach was discussed in this module? Correct Ans-Exception based
Supply chain measurements are often called all of the below except: Correct Ans-Critical
points
Supply chain measurement is important for all the reasons below except: Correct Ans-To
build the income statement
End-to-end supply chain measures are the most important type of supply chain metric. T/F
Correct Ans-True
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