SCM 303 Exam 3 (MSU SS'20) Questions and Correct Answers the Latest Update
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Course
SCM 303
Institution
SCM 303
Which of the following is not a theoretical factor of forecasting?
Multiple Choice
Amount.
Trend.
Cyclical.
Seasonal.
Amount.
Advanced planning and scheduling (APS) facilitates improvements in customer
service by ______.
Multiple Choice
reducing the time to make accurate commitments to ...
In a situation where there are low economies of scale and a long response time,
the supply chain strategy should focus on ______.
Multiple Choice
an accurate short-term forecast with strong tactics and less consideration of
history
production flexibility since detailed and accurate forecasting is not of critical
importance
responsiveness at the expense of forecast accuracy
both forecast accuracy and responsiveness because they are equally important
✓ production flexibility since detailed and accurate forecasting is not of critical
importance
Which of the following optimizes resources to move materials and goods within
supply chains to minimize cost while meeting deadline constraints?
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