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SCM 300 Module 2 ASU Davila with 100% correct answers rated A+ passed
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SCM 300 Module 2 ASU Davila with 100% correct answers rated A+ passed
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SCM 300 Module 2 ASU DavilaInventory - correct answer ✔✔Stock of any item or resource used in an organization.
Types of inventory - correct answer ✔✔-Raw materials, Work-In-Process, Finished goods
-Spare and/or replacement parts
-Capital equipment & MRO (maintenance, repair, and operations)
Supply Chain Risk - correct answer ✔✔Who is at Risk? Whose Risk is it?
How can everybody protect themselves?
Why is Risk assessment important?
Types of Risk - correct answer ✔✔-Loss, damage, theft, breakdowns
-HR
-Fluctuating Demand (Electricity)
-Market Changes (innovation, growth)
-Environmental, political, criminal...
Independent Demand Item - correct answer ✔✔Items for which demand is influenced by market
conditions. Demand is not related to demand for other items in stock or produced.
Dependent Demand Item - correct answer ✔✔Items that are required as components or inputs to other
products or services.
Lead Time - correct answer ✔✔Time between customer placing order, and company fulfilling order.
SKU - correct answer ✔✔Stock Keeping Unit/ Number associated with barcodes.
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