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ETI3647 Supply Chain Management (5.3) Question and answers rated A+

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ETI3647 Supply Chain Management (5.3) Question and answers rated A+ A large change in price results in a small change in quantity demanded, often for strong brands or for needed items such as gasoline. - correct answer Relatively Inelastic An agreement between a supplier and a retail platform which prevents suppliers from listing their products at lower prices elsewhere on the web (i.e. Amazon, online travel/lodging, etc.). - correct answer Price Parity Clause A marketing concept to...

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ETI3647 Supply Chain Management (6.3) Question and answers correctly solved

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ETI3647 Supply Chain Management (6.3) Question and answers correctly solved ___________ is a variable that stand alone and is not changed by other variables you are trying to measure and when examining relationships between variables it causes some kind of change in other variables. Scientific method Independent variable Dependent variable Sensitivity Analysis - correct answer Independent variable Which step in the analytical life cycle searches for anticipated relationships or di...

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ETI3647 Supply Chain Management (6.2) Question and answers verified to pass

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ETI3647 Supply Chain Management (6.2) Question and answers verified to pass A use of financing and risk mitigation practices and techniques to optimize the management of working capital and liquidity invested in supply chain processes and transactions. any. - correct answer Supply Chain Finance A government encouraged perspective in industries to use automation island-states in order to reduce reliance on low-skill foreign worker to ensure more access to jobs for locals. - correct answ...

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ETI3647 Supply Chain Management (7.1) Question and answers 100% correct

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ETI3647 Supply Chain Management (7.1) Question and answers 100% correct ______________ reduces the risk of liabilities, fines and delays at international borders, as well as conducts a sourcing and distribution analysis regarding possibilities for companies to minimize import duties, taxes, and surcharges. Question options: Global Trade Management Competitor Intelligence Simulations Risk Management - correct answer Global Trade Management _______________ is used between at least ...

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ETI3647 Supply Chain Management (6.4) Question and answers verified to pass

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ETI3647 Supply Chain Management (6.4) Question and answers verified to pass The consulting agency must better plan inventory needs for their new water/wastewater facility. When the population needs clean water and the facility does not have the necessary materials to provide it, it must shutdown. Water tests are frequently conducted and test kits are purchased to support critical decisions on chemical use and equipment adjustments. For the past year's data, the average water test kit use w...

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ETI3647 SUPPLY CHAIN MANAGEMENT (4.2) Question and answers already passed

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ETI3647 SUPPLY CHAIN MANAGEMENT (4.2) Question and answers already passed Which side of the brain tends to process information linearly, by identifying important details, being objective through analytics, and using logic in more of a sequential manner? Right Both Left - correct answer Left How does Airbnb design for trust? *Considering how most guests feel responsible when staying in someone else's home. *Sharing photos of every aspect of your home to build friends or guest...

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ETI3647 Supply Chain Management (Performance Measures) Question and answers correctly solved

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ETI3647 Supply Chain Management (Performance Measures) Question and answers correctly solved Modern supply chain managers must use ______________ to develop performance measurement tools and systems so their company can achieve their own unique set of goals motivating employees and supply chain partners to do the things their customer and company values. - correct answer all of the other choices Product or service variety may help with customer expectations, but also affects economicall...

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ETI3647 Supply Chain Management (Review) Question and answers rated A+

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ETI3647 Supply Chain Management (Review) Question and answers rated A+ Which business management process in the SCOR Framework balances aggregate demand and supply to develop a course of action which best meets sourcing, production, and delivery requirements? - correct answer Plan The blood stream of a supply chain, that is only one single source flowing from the end-consumer, is typically represented by which intrinsic flow? - correct answer Finance Flow Supply chain management inv...

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ETI3647 SCM (RISK MANAGEMENT 7.2) Question and answers correctly solved

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ETI3647 SCM (RISK MANAGEMENT 7.2) Question and answers correctly solved An approach to protect against criminal or unauthorized use of electronic data, or the measures taken to protect risk vulnerabilities - correct answer Cyber Security A balanced supplier portfolio that plans for multiple suppliers or locations to ensure sustainable supply chain operations even in the event of failure in one supplier or location. - correct answer Redundancy A document issued by an insurance compa...

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ETI3647 SCM (4.1) Question and answers correctly solved

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ETI3647 SCM (4.1) Question and answers correctly solved Using modern digital capabilities to better meet consumer or customer needs by adapting to disruptions to able to balance product or service flexibility in a manner that is more competitive. - correct answer Digital Transformation (DX) Talking about the customer or consumer core element catering to individual product or service experiences for future supply chain management decisions. - correct answer Lot Size of One Connectin...

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