Vendor managed inventory - Study guides, Class notes & Summaries

Purchase vs Product Order Flow - correct answer Upstream vs. Downstream What happens to fluctuations and why? - correct answer Fluctuations are amplified due to a time lag Beer Game: What caused people to act the way they did - correct answer Lack of communication/cooperation and long lead times Bullwhip Effect - correct answer Information going back through the supply chain is distorted and then amplified. Members of the supply chain overreact to changes in demand. How does ...

BUAD 331 Supply Chain Exam 2Key factors for ensuring that products flow in a synchronous, coordinated fashion through the supply chain include: - correct answer Information sharing and process synchronization What is one benefit of buyer-seller collaboration in synchronized supply chain? - correct answer Demand information is captured and communicated in near real-time Which of the following is FALSE concerning "Quick Response" and "Vendor Managed Inventory" techniques? - correct answe...

At random time correct answers In work sampling, when should observations be taken? Increased material handling correct answers Kanban is not associated with: moving back in time (Apple going back to the orchard) correct answers Looking at vertical integration, when you consider backward integration you are that it takes to process one unit at a station. correct answers Throughput measures the time: Andon correct answers Which of the following is a visual signal at a machine that not...

CIPS L4M2 LATEST 2024 ALREADY PASSED Re-buy It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy A new purchase outlines requirements that have...

CHL IAHCSMM Exam Combined Tested Questions With Revised Correct Detailed Answers |ALREADY GRADED A+ PASS 2024 >> BRAND NEW VERSION!! 1) The funds an organization has available to conduct its daily activities; the amount by which current assets exceed current liabilities - ANSWER working capital 2) A service in which a vendor stocks and maintains a facility's inventory to agreed- upon levels and then issues a monthly (or other time period invoice for all items ...

BUSOBA 3230 Exam 2 | Questions and Answers In a recent post, it was indicated that Tesla currently has the capacity to build 90k Model S/X and 400k Model 3/Y in Fremont, California, with an additional 150k capacity for Model 3s in Shanghai. Which of the following are true? (Select all that are correct) These are input measures They indicate the number of cars needed to break-even These are productivity measures These are output measures They indicate the maximum number of cars that can be prod...

MAR 3203 Exam 4 UCF Latest Update Graded A+ Supply Chain Management (SCM) the coordination of all supply chain activities, starting with raw materials and ending with a satisfied customer. make or buy decision a decision concerning whether an item should be produced internally or purchased from an outside supplier Outsourcing obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source. Vertical Integration An approach typical of tr...

WGU C720 OA- Operations and Supply Chain Management Exam| Questions and Verified Answers| 2023/ 2024 Latest Update!!! QUESTION A rental company has a fleet of 50 cars that can be rented daily if all vehicles have been washed and inspected and are free of mechanical and electrical defects. Due to maintenance requirements and late returns by customers, the rental company is, in general, able to prepare 45 cars per day for rental. On average, 30 cars are rented daily. What is the ...

APIC's CPIM Part 1 Practice Exams Questions With 100% Correct Answers The ability of a company to address the needs of and inquiries and requests from customers refers to: on-time delivery. customer service. order fill rates. customer relationship management. - answercustomer service.: Customer service is the ability of a company to address the needs of and inquiries and requests from customers. Which of the following is included in the cost of goods sold? Standard cost General and a...

BTMA 317 Practice Exam Questions . The process of moving data from various sources into the data warehouse is called: A. extracting, transforming, and loading B. online transaction processing C. master data management D. online analytical processing E. uploading - correct answer A. extracting, transforming, and loading The Information Systems functional area, a department of Information technology, deals with the planning, development, management, and use of management information tool...