SCM 303 Exam 4 Questions and Correct Answers the Latest Update
5 views 0 purchase
Course
SCM 303
Institution
SCM 303
The work of logistics involves ______
transportation, inventory, order processing, warehousing, and facility network design
The goal of logistics is to ______
support procurement, manufacturing, and customer accommodation
In 2016 US business logistics costs represented what portion of Gross D...
✓ -the process that links supply chain participants into integrated operations
✓ -the catalyst of activity between different supply chain functional areas such as
procurement and warehousing
✓ -a critical component to supply chain success
✓ -concerned with getting the right product to the right place at the right time, at
minimum cost
Performance cycle uncertainty has the following trait: ______
✓ the larger the variance to desired goal, the bigger the impact
Total Cost Logistics Model takes into consideration ______
✓ all expenditures necessary to perform logistical requirements
Echelon logistics operating arrangements accomplish which of the following?
✓ Utilize warehouses to create inventory assortments and achieve consolidation
economies.
The three factors fundamental to transportation performance are ______
✓ cost, speed, and consistency
Supply chain synchronization attempts to achieve which of the following?
✓ Coordinate multiple firms activities across the supply chain.
The more significant the service ______ impact upon a customer's business, the
greater the priority placed on error free logistical performance.
Examify | Smart Grades | Latest update
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 TestTrackers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
