Supply push demand pull - Samenvattingen, Notities en Examens

BUAD 331 Exam 3 | Questions with Verified Answers Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The total elapsed time from when the cus...

WGU C215 Study Guide – FINAL with correct answers 2023 (New Questions) Total Quality Management (TQM) Philosophy - correct 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) - correct 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 supply chain features a constant flow of.... information, products, and funds SC surplus involves what 2 parts? Customer value and supply chain cost Customer value is... the sum of the supply chain surplus and supply chain cost. The objective of every supply chain is to... maximize the overall value generated Walmart's SC features clusters of stores around distribution centers, which facilitates.. Frequent but inexpensive replenishment at the stores t...

BUAD 331 EXAM 3 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% CORRECT. What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap ...

Paradigm Change for business competition - Form, time, place, exchange --> Creating value Porter Chain Value - Inbound logistics, operations, outbound logistics, sales, service (primary activities) -Supplier base--> Integrated enterprise --> market/ distribution network Integrated Supply Chain Management - Traditional business coordination with particular organization within the supply chain for purposes of improving long term performances of individual enterprises and supply chai...

Supply Chain Management - a set of activities that firms employ to efficiently manage the flow of merchandise from vendors to customers Universal Product Code (UPC) - A barcode symbology for tracking trade items in stores. Advanced Shipping Notice (ASN) - A notification of pending deliveries Electronic Data Interchange (EDI) - An electronic communication method that provides standards for enhancing data Cross-Docking - The logistics of unloading materials from incoming transports and loadi...

Supply Chain Exam 2 (Chapter 16) | Questions and Answers TPS stands for Toyota Production System. TRUE TPS stands for Total Production Streamlining. FALSE Product storage is an example of waste in the sense that no value is added. TRUE In a JIT system, product inspection adds value by identifying defective items. FALSE Customer demand will always remain an unknown, so it is not considered a source of variability. FALSE Variability in manufacturing can occur because engineering drawings or spec...

Carrying Costs: - Answer--Cost for holding the inventory over time -Typically costs range from short term capital to about 40% per year. The average is about 25%/year of the item value in inventory. Primary cost of carrying costs - Answer-Money tied up in inventory What are the different costs for carrying costs? - Answer--Money tied up in inventory -Obsolescence -Insurance -Personal Property Taxes -Storages costs Procurement costs: - Answer--Cost of preparing the order -Cost of order ...

BUAD 331 EXAM 3 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% VERIFIED. The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap What is the total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled? - ANSWER order cycle time What is is the technique base...

Supply Chain Surplus correct answers = Customer Value - Supply Chain Cost supply chain decisions correct answers strategy & design, planning, operations customer correct answers the only source of revenue strategy & design decisions correct answers Multi-year time horizon, SC configuration, outsource or in-house, location of the facilities, logistics, information systems planning decisions correct answers quarter to year time frame, constrained by strategy, forecast for next year, ma...