Scmt exam 2 Study guides, Class notes & Summaries

Which supply chain strategy is needed in less predictable environments? - Agile Which type of flexibility refers to the ability to scale output up and down without significant penalty? - Volume Flexibility The increasing volatility shown by the Supply Chain Volatility index indicates which strategy will become increasingly important? - Agile Which is a key outcome of a lean strategy? - Reduced waste

SCMT 2103 KENT Exam 2 Uark Which supply chain strategy is needed in less predictable environments? - Answer- Agile Which type of flexibility refers to the ability to scale output up and down without significant penalty? - Answer- Volume Flexibility The increasing volatility shown by the Supply Chain Volatility index indicates which strategy will become increasingly important? - Answer- Agile Which is a key outcome of a lean strategy? - Answer- Reduced waste Which supply chain stra...

You are on guard duty at a category I missile and rocket storage area. Which additional restriction do you have to enforce? - don't let just one authorized person in (two-person rule) While guarding a category II and III storage area, the following people ask to enter the restricted area. Which ones would you ADMIT? - people with IDs and who are on the roster only How many modes of communication should be available to a guard? - 2 You are now responsible for monthly IDS inspections. To ens...

In the past two years, what percentage of all recorded data has been recorded? - Correct Answer 90% The number of devices connected to the internet is how many times greater than one year ago? - Correct Answer 200 times Customer sentiment is what type of data? - Correct Answer structured As products move through their lifecylces more quickly, which type of flexibility becomes more important? - Correct Answer new product The ability to vary production dramatically is - Correct Answer ...

UARK SCMT 2103 Exam 2 Which are important customer-level information types? - Answer- All of the above Point of sale Forecasts Inventory levels Promotional plans Data that is captured at retail checkout is referred to as __________________ data. - Answer- point-of-sale Advanced shipment notices (ASNs) is a ___________-level information type. - Answer- supplier How specific is point-of-sale data? - Answer- SKU-time-location specific Which are fundamental characteristics of fi...

UARK SCMT 4653 Exam 1 With Correct Questions And Answers 2024

UARK SCMT 4653 Exam 1 With Correct Questions And Answers 2024

UARK SCMT 2103 -Exam 1 The objective of Walmart's early network design strategy was to: - Answer- Locate stores close to a Distribution Center Which of the following is a theme throughout the course? - Answer- How logistics and supply chain management can be used to create a competitive advantage The management of the flow and storage of inventory, such that total costs are minimized and customer service targets are achieved is referred to as: - Answer- Logistics Process redesign is...

UARK SCMT 4653 Exam 3 Questions And Actual Answers (DSI Problems) Power imbalances and politics are: - 1.) Driven by marketing and sales, costs skyrocket, service levels plummet, firms go out of business 2.) Dominated by finance 3.) Demand plan is simply ignored at last minute Benefits of Postponement: - Simultaneously reduces some costs and improves service Increases product selection Mass customization to individual customer preferences Best condition for Postponeme...