Supply chain surplus - Study guides, Class notes & Summaries

Supply Chain Management correct answers supply chain management integrates supply and demand management within and across companies. Logistics Mangement correct answers is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services and related information between the point of origin and the point of consumption in order to meet customers' requirements. It's basically the part of supply chain mana...

Each stage in a supply chain is connected through the flow of products, information, and funds. These flows often occur in both directions and are usually managed by A) pricing department. B) one of the stages. C) upper management. D) engineering department. correct answers B) one of the stages. A supply chain features a constant flow of A) information, product and funds. B) personnel, information, and policies. C) processes, funds, and product. D) product, processes, and support. cor...

SCM Final Exam UPDATED Exam Questions and CORRECT Answers Supply chain coordination requires each stage of the supply chain to take into account the impact its actions have on other stages. - CORRECT ANSWER- True With an uncoordinated supply chain each stage tries to maximize its own profits, resulting in actions that often increase total supply chain surplus. - CORRECT ANSWER- False The bullwhip effect results in improved supply chain coordination. - CORRECT ANSWERFalse The bullwhip ...

Under the modern Supply/Value Chain concept, the ______ pays for all the costs of the entire process. - ️️Retail Consumer The cost per passenger (or pound) for a flight is literally impossible to calculate in advance because ______. - ️️The costs are fixed but demand varies. Utility or Value in an economic system created by the "physical transformation of materials from raw to finished product" is called ______ value. - ️️Form The explosion in international trade at the end o...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

1. define Globalisation the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2. where are levels of globalisation the highest 3. where are levels of globalisation the lowest 4. 3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...

The three fundamental forms of utility under capitalist economic theory are: - Possession, Form, and Time/Space Goods will move from areas of surplus to areas of shortage as if by a mysterious "Invisible Hand" as long as three fundamental conditions are met; among these are _____ . - free market conditions are provided In order for there to be "Free Markets" several preconditions must be met; among the "top three" for a modern economic system are _____ . - a predictable and stable me...

The three fundamental forms of utility under capitalist economic theory are: -:- Possession, Form, and Time/Space Goods will move from areas of surplus to areas of shortage as if by a mysterious "Invisible Hand" as long as three fundamental conditions are met; among these are _____ . -:- free market conditions are provided In order for there to be "Free Markets" several preconditions must be met; among the "top three" for a modern economic system are _____ . -:- a predictable a...

Animal Diversity, 8e (Hickman) Chapter 1 Science of Zoology and Evolution of Animal Diversity 1) A characteristic of science is that A) it is not explained by natural laws. B) its hypotheses are testable. C) its conclusions are final. D) it is not falsifiable. E) it seeks to define the vitalistic forces of life. Answer: B Section: 01.01 Topic: Principles of Science Learning Objective: 01.01 Explain that science consists in testing, possibly rejecting, and improving our simplest and be...

At the "front end" of the aviation industry supply/value chain, the focus is on - ️️creating the resources to provide a capability Utility or Value in an economic system created by the "physical transformation of materials from raw to finished product" is called _____ value. - ️️Form The cost per passenger (or pound) for a flight is literally impossible to calculate in advance because - ️️the costs are fixed but demand varies Why is it so difficult to find a "truly domesti...