Scm 300 asu - Study guides, Class notes & Summaries

SCM 300 DAVILA ASU SCM 300 Arizona State University - Question and answers rated A+Goal of waiting line management Balance the cost paid by the customers (time) with the cost paid by the company (money paid to maintain the system). Parts of a waiting line system input source, waiting line, service facility Input Source this is the population of people that might want service Waiting Line The area which customers wait for service Service Facility The area in which custo...

SCM 300 exam 3 DAVILA ASU SCM 300 Arizona State University - Question and answers correctly solved Business Process - correct answer a standardized set of activities that accomplish a specific task, such as processing a customer's order Relationship between business processes and supply chain - correct answer >>Made up of a series of interconnected and interdependent processes >>Productivity-Managing Inputs and Outputs at a smaller scale Three requirements of a good proc...

SCM 300 Exam 2 DAVILA ASU SCM 300 Arizona State University -Question and answers verified to passvendor-managed inventory (VMI) - correct answer Inventory planning and replenishment system where the vendor accepts certain responsibilities Chargebacks - correct answer Penalties from retailers to vendors for minor or major supply chain offenses Vendor - correct answer The company from which a buyer purchases goods or services Wholesaler - correct answer purchases goods from manufa...

SCM 300 Exam 3 DAVILA ASU SCM 300 Arizona State University - Question and answers already passed What is a project? A unique undertaking in which resources (human, material, and/or financial) are organized to achieve an end goal or outcome (tangible and/or intangible). What are the four steps in project management? Step 1: Define the Project - What exactly is this project trying to achieve? Define this for the stakeholders. Step 2: Establish Project Priorities Step 3: Work Breakdown...

SCM 300 ASU Exam 1 Modules 1, 2, 3, and 4 Questions and Answers

SCM 300 DAVILA ASU SCM 300 Arizona State University - Question and answers verified to pass Muscles and Bones of Organization - correct answer Supply Chain Lifeblood of Organization - correct answer IT, Marketing, Accounting, Supply Chain, Finance Supply Chain Visibility Example - correct answer Golden Gate Bridge/Fog Analogy Supply Chain Mantra - correct answer Buy it, Make it, Move it, Sell it, Service it Less Inventory = more resourceful example - correct answer Shampoo ...

SCM 300 DAVILA ASU SCM 300 Arizona State University - Questions with complete solution Hewlett Packard Example - correct answer HP began outsourcing manufacturing facilities in order to make sure the products met quality requirements, used metrics to for measurement. Formed a concrete set of standards regarding product technology, quality, responsiveness, deliver, cost and environmental impact. Used a scorecard system to measure its suppliers with responsiveness and delivery into one category ...

Module 7 SCM 300 DAVILA ASU SCM 300 Arizona State University - Question and answers already passed Global profit motivations - correct answer Profit is equal to revenue minus cost Revenue opportunities associated with globalizing a supply chain: - Reach new consumers - Manage risk of low sales in one market by selling in multiple markets abroad - Taking your supply chain to new locations may allow your company to learn about alternative sale and distribution options that might be usefu...

Exam 4 DAVILA ASU SCM 300 Arizona State University - Question and answers correctly solved Global profit motivations Companies want to maximize profit; profit is equal to revenue minus cost. So, as a company considers globalizing its supply chain, both revenue and cost issues must be considered Global brand strategy As companies expand their supply chains globally, especially to new consumer markets, these companies must be prepared to deal with differences in: - Packaging laws - Accept...

SCM 300 Exam 1 Study Guide DAVILA ASU SCM 300 Arizona State University - Questions with complete solution Supply Chain Management (SCM) - correct answer The management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and profitability procurement - correct answer Purchases inputs such as raw materials, resources, equipment, and supplies Operations - correct answer Transforms raw materials or inputs into goods and servi...