Inbound logistics - Study guides, Class notes & Summaries

AIS EXAM 1 FINAL QUESTIONS & ANSWERS 2024/2025 Which of the following activities would an accountant as a business analyst be able to perform? a) Post journal entries b) Prepare financial statements c)Use social media to predict when goodwill is or soon will be impaired d)An accountant as a business analyst might perform all of the activities above - ANSWERSC In a simple information system, querying the database would be an example of what activity? a) Storage b) Input c)Outpu...

What is a supply chain? - ANSWERA supply chain consists of the organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to point of final consumption, and, increasingly, re-entering material that was not consumed back into the supply chain for reuse or recycling. How long have supply chains been around? - ANSWERThey have been in existence for many centuries, although the term "supply chain" was not commonpla...

MSSC CLT Exam Terms Complete Mock Exam Questions and Answers |100% Correct| Latest Version 2024/2025 What is the primary goal of supply chain management? To maximize customer value while minimizing costs. Define the term "logistics." The process of planning, implementing, and controlling the efficient flow and storage of goods, services, and information. What does the acronym "MSSC" stand for? Manufacturing Skills Standards Council. What is the purpose of inventory manageme...

Economies of scale correct answers When costs can be spread across increasing units of production or in serving multiple customers. Businesses that have favorable economies of scale (like many Internet firms) are sometimes referred to as being highly scalable Porter's 5 Forces correct answers Also known as Industry and Competitive Analysis. A framework considering the interplay between (1) the intensity of rivalry among existing competitors, (2) the threat of new entrants, (3) the threat of ...

BUAD 331 Exam Questions And Answers (Verified And Updated) Planning involves predicting or forecasting future demand for a product or service to secure capacity, materials, and talent to fulfill the expected demand in a way that meets customer's expectations Sourcing or Procurement involve identifying, acquiring, and managing the goods and services needed to run a business or another organization Inbound Logistics involves the management of materials from suppliers and vendors in...

SCMN 2150 Test 2 Modules 4, 5, 6 Questions and Answers Already Passed What is logistics? The part of supply chain management that focuses on the planning, implementation, and control of the flow and storage of goods, relevant info., and related services What is fulfillment? The primary method of distributing product to a store. The process that begins with an order inquiry and ends with the delivery of a product to a customer. Why have logistics and fulfillment grown in importance? P...

Total Quality Management (TQM) Philosophy - Answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - Answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma - Answer A disciplined, data-driven...

Accounting Information Systems 2nd Edition Richardson Test Bank (100% VERIFIED ANSWERS) Accounting Information Systems at this date are all computerized. Answer: FALSE Diff: 1 Topic: Data versus Information Learning Objective: 01-02 Distinguish among data, information, and an information system. Bloom's: Remember AACSB: Reflective Thinking AICPA: BB Industry; FN Decision Making 3) Business value includes all those items, events and interactions that determine the financial health and w...

ISDS 705 Midterm Guaranteed Success sustainable competitive advantage financial performance that consistently outperforms their industry peers. Operational effectiveness performing the same tasks better than rivals perform them. fast follower problem when savvy rivals watch a pioneer's efforts, learn from their successes and missteps, then enter the market quickly with a comparable or superior product at a lower cost. strategic positioning performing different activities from those ...

ISDS 705 Midterm Guaranteed Success sustainable competitive advantage financial performance that consistently outperforms their industry peers. Operational effectiveness performing the same tasks better than rivals perform them. fast follower problem when savvy rivals watch a pioneer's efforts, learn from their successes and missteps, then enter the market quickly with a comparable or superior product at a lower cost. strategic positioning performing different activities from those ...