Stockout - Study guides, Class notes & Summaries

CIPS L4M7 Whole Life Asset Management Exam Questions With Verified Answers Causes of Obsolescence - answerTechnical Change Cultural Change Legislation 2D Barcode - answer Types of Stock - answerOpening Stock Raw Materials Secondary Components Work in Progress Finished Goods Safety/Buffer Stock Stockout Causes of Obselence - answerTechnical Change Cultural Change Legislation Causes of Redundancy - answerPoor Forecasting if Demand Cancelled Orders due to Poor Relationship Oversto...

MKTG 3340 Quiz 4 (9, 11, 12) Correctly Answered Questions 2024. sourcing - correct answer evaluating and hiring suppliers procurement - correct answer purchasing goods and services from suppliers safety stock - correct answer Backup inventory that serves as a buffer in case the demand for a product surges or the supply of it drops off for some reason. logistics - correct answer The physical flow of materials in the supply chain. track and trace systems - correct answer Systems that ...

CSCP Module 1 Latest Update Graded A+ Decoupling Creating independence between supply and use of material. Commonly denotes providing inventory between operations so that fluctuations in the production rate of the supplying operation do not constrain production or use rates of the next operation. gross margin The difference between total revenue and cost of goods sold optimization Achieving the best possible solution to a problem in terms of a specified objective function. cycl...

__ of inventory can absorb variations in flow rates by acting as a source of supply for a downstream step. - ️️Buffers __ stock is held just in case demand turns out to be higher than predicted. - ️️Safety _blank_ is the average amount of time (in days) it takes a unit to flow through the system. - ️️Days-of-supply _blank_ is the inverse of days-of-supply. - ️️Daily turns — Which process metric is the equivalent of days-of-supply? - ️️Buffers "Bait and __ " is a ques...

CSCP Module 1 Exam Questions & Answers 2023/2024 Decoupling - ANSWER-Creating independence between supply and use of material. Commonly denotes providing inventory between operations so that fluctuations in the production rate of the supplying operation do not constrain production or use rates of the next operation. gross margin - ANSWER-The difference between total revenue and cost of goods sold optimization - ANSWER-Achieving the best possible solution to a problem in terms of a spe...

manage the flow of merchandise from the vendors to the retailer's customers. Consumer direct fulfillment Supply chain management Reverse logistics Backhaul Vendor-managed inventorySupply chain management A ________ occurs when an SKU that a customer wants is not available. rain check backhaul reorder point stockout ship verificationstockou

L4M7 - Chapter 2: Exam Review Questions and answers, VERIFIED/ Examples of opening stock - -- raw materials at the start of the maufacturing process - Items in a store which are completed and ready for despatch Factors that show how much stock needs to be held at each stage - -- Must be sufficient raw materials and components to ensure that the production can be kept running at its optimal efficiency level without disruptions or downtime - Work in progress should be literally 'in prog...

CIPS L4M7 Whole Life Asset Management Solved 100% Correct!! Types of Stock Opening Stock Raw Materials Secondary Components Work in Progress Finished Goods Safety/Buffer Stock Stockout Causes of Obselence Technical Change Cultural Change Legislation Causes of Redundancy Poor Forecasting if Demand Cancelled Orders due to Poor Relationship Overstocking/Poor Stock Control Change to Internal Policy Triple Bottom Line People Profit Planet Inventory Code Types Numerical Alpha...