Buad 331 exam - Study guides, Class notes & Summaries

BUAD 331 Exam 3 Define order cycle time. The total cost of ownership combined with the customer value of a product The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled The total elapsed time from when the customer first orders the product to when that product is shipped to them None of the above - correct answer The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled Th...

BUAD 331 EXAM 3 WITH COMPLETE QUESTIONS AND ANSWERS 2024. What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap What is the total el...

BUAD 331 Exam 3 Questions and Answers Already Passed Enterprise systems are primarily designed to address which of the following issues? a. Business process standardization b. Information fragmentation c. Lack of control over personnel work tasks d. None of the above Information fragmentation Which ERP vendor entered the enterprise system market nearly 30 years after the first solution was introduced? a. Blue Yonder b. Microsoft c. NetSuite d. Oracle e. SAP Oracle Which...

BUAD 331 EXAM 1 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% SOLVED. Supply Chain Management refers to: A. The comprehensive management of networks of suppliers B. The meaningful integration of service with customer fulfillment C. The collaboration between operations and suppliers D. The management of up and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole E. The procurement, movement, and storage...

BUAD 331 Exam 2purchasing professionals - correct answer manage all of the firm's buyer-supplier relationships and serve internal customers who work in other functions in the organization procurement/supply management - correct answer strategic approaches and processes used to secure needed inputs into the organization to create relevant value sourcing - correct answer identifying the requirements, locations, and identity of specific companies and providers that may be used to acquire var...

BUAD 331 Exam 3 Questions and Answers (Latest)

BUAD 331 Exam 3 – Questions And Detailed Solutions

BUAD 331 EXAM 1 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% VERIFIED. How does Zara use its supply chain capabilities to generate competitive advantage? A. Stocking clothing far in advance of sales to ensure in-stock availability. B. Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers. C. Speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions. D. Cycling seasonal clothinterm-0g trends using lon...

Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. A. True B. False - Answer-B. False Which of the following is NOT an area in which successful supply managers need expertise? A. Technologies B. Customers C. Suppliers D. Processes E. Resources - Answer-B. Customers When purchasing and supply management works well within an organization, the company acquires the best resources from arou...

SNHU BUAD 331 Exam 2 Complete Guide Rated A.