Cpfr - Samenvattingen, Aantekeningen en Examens

OPMA 317 Final Latest 2023 Already Passed What caused people to **** up in the beer game bullwhip effect Bullwhip Effect Information (orders) going back through the supply chain is distorted and then amplified How does a long lead time affect decision making panic - when inventory does not instantly arrive and solve your growing backlog, you panic and order even more What are the business implications of the supply chain structure? (5) Stock outs at times Excess inventory at times Overtime c...

American Society for Quality defines quality as: - the totality of features and characteristics of a product or service that bears on its ability to satisfy stated or implied needs. An operations manager's job is to: - build a total quality management system that identifies and satisfies customer need. 4 possible "causes" of quality problems - Material, Machinery, Manpower, and Methods 6 Supply Chain Strategies for goods and services to be obtained from outside sources - 1. negotiating ...

UNIVERSITY OF ALABAMA OM 300 UA Chilcutt Final Exam (Answered 100% Correctly) Binary variables can take on only two values Competitive advantage a set of unique features of a company and its products that are perceived by the target market as significant and superior to those of the competition Clustering Gathering; forming in a group Core competencies those functions that the organization can do as well as or better than any other organization in the world CPFR

SCM 300 Davilla Exam 2 ASU Study Guide With Accurate Solutions. Bullwhip affect + causes - answerthe effect of unplanned repetitive change in demand felt across the supply chain. From distributor to supplier - can cause: negative effects on cost of labor and materials, lowers customer service, leaves over supply of stock Shortage Gaming - answer- when demand exceeds supply manufacturers - customers order extra to compensate for perceived need - they cancel extra need leaving extra supply...

APICS CPIM Exam Part 2 Module 2 decoupling point point at which inventory is stored, which allows supply chain to operate independently mass customization creation of high volume product with large variety where customers can choose an exact model out of a large pool of possible end items least squares method selects a line of best fit through a plot of data to minimize the sum of square of the deviations multiple regression model an equation that describes the relationship b...

In the MPC process, capability decisions (equipment, facilities, suppliers, etc.) are most likely to occur in what time horizon? correct answers Long term In the MPC process, detailed scheduling decisions are most likely to occur in what time horizon? correct answers Short term Master Production Scheduling (MPS) & Resource Planning are a part of which MPC phase? correct answers Front End Measurement & control are a part of which MPC phase? correct answers Execution Products that are ...

Blanket order - A long term purchase commitment to a supplier for items that are to be delivers against short term releases to ship make or buy decision - a choice between producing a component or service in house or purchasing it from an outside source Outsourcing - Transferring a firms activities that have traditionally been internal to external suppliers Vertical Integration - Developing the ability to produce goods or services previously purchased or actually buying a supplier or a di...

SCM 300 Exam 2 ASU Questions With Verified And Updated Solutions. Omni-channel Retailing - answerRetailers that are fully committed to engaging customers via catalogs, phone calls, websites, email, internet chatrooms, social media sites or mobile apps, and of course also in stores. Ex. Nordstorm 3 Retail sources of supply - answerManufacturers ‚ These are the companies that actually create the finished goods. Retailers then buy the goods and that retailer is responsible for distribution...

MKTG 3340 Quiz 4 (9, 11, 12)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 electronically record the paths shipm...

MKTG 3340 quiz 4Sourcing Evaluating and hiring suppliers Procurement Purchasing goods and services from suppliers Brainpower Read More Outsourcing Hiring an organization to do a task previously performed by a firm Offshoring Outsourcing work to companies located overseas Insource The process of having an employee of your organization complete a marketing project, or hiring staff for an ongoing marketing function Advantages of outsourcing - More value - More co...