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a manufacturers largest expenditure is ________ requirements while a service provider spends more on _____ requirements direct; resale in order to be effective supply chain management includes the acquisition of materials, services, and equipment: at the right time, in the right quantities, and at the right prices operational supply decisions the day to day decisions that allow management to focus on their strategic contribution strategic choices focus on new and innovative solu...

SCM 303 exam 3 MSU Questions and Correct Answers the Latest Update

Total Quality Management: (Choose all that apply) - Is managed proactively - Involves only production processes - Focuses on the customer - Ensures on-time delivery - Is managed proactively - Focuses on the customer Which of these is not a cost of quality? - External failure cost - Prevention cost - Design cost - Inspection cost - Design cost T/F: Design-for-Six-Sigma programs offer a set of quality standards accepted by all industries. #Examify | #OnlineExams | #TestPrep | #...

T or F: Ordering cost only consists of the shipping cost from supplier to customer. False Ordering cost is which type of cost? Variable Overhead Fixed Which of the following would be considered part of Ordering Cost? (choose all that apply) -Minimum shipping charge -Postage to mail the order to a supplier (who still lives in the early 20th century) -Renting a truck to haul the order (and only this order, no other business is used for this truck's one time rental) #Examify |...

Logistics definition planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption types of logistics forward and reverse military roots of logistics Alexander the Great (330 BC) i.e. campaign timing around local harvest, soldiers carry own provisions, marches near waterways, etc. Transportation: Steam power Ships and Railroads (1800s) Transportation: Internal combustion...

SCM 303 Exam 3 MSU Fall 19 Questions and Correct Answers the Latest Update

Little's Law states there is a relationship between: (Choose All that apply) - Inventory - Flow time - Output - Throughput Inventory, Flow Time, and Throughput Throughput, sometimes referred to as output rate, is expressed in units produced per hour. T/F? False If you maintain inventory at a constant level and keep the throughput rate constant: - Cycle time will decrease - Customer delivery dates become more reliable - You are following a push operating system #Examify | #On...

An inspection _____ checks or verifies the results of another activity. Identify the characteristics of a strategic capacity change. - It includes large increases or decreases in capacity. -It takes long time to implement. - It requires changes to labor, equipment, and space. ______ is defined as the percentage of process capacity that is actually used. Utilization Match the limiting resource with its time frame with the type of capacity change required. - Equipment, space - s...

Total Quality Management: (Choose all that apply) Is managed proactively Involves only production processes Focuses on the customer Ensures on-time delivery Managed Proactively Focuses on the customer Which of these is not a cost of quality? External failure cost Prevention cost Design cost #Examify | #OnlineExams | #TestPrep | #StudyResources | #AcademicSuccess | #ExamPreparation | #QuizTime | #LearningTools | #Education | #StudentSupport Examify | Smart Grades | Latest update...

Rachel loves to bake cookies, but she has an old oven that has trouble maintaining a constant temperature. If the acceptable temperature range for making the cookies is 350 plus or minus 17 degrees, what is the allowable standard deviation in the temperature of her oven in order to achieve a Six Sigma level of quality? (Round your answer to 3 decimal places.) 2.833 Why is product quality sometimes poorly defined in a firm? Managers are not clear on what characteristics customers care...