Buad 331 test - Study guides, Class notes & Summaries

BUAD 331 TEST QUESTIONS WITH REVISED AND UPDATED ANSWERS Lanyard Company has a single supplier that provides a critical raw material. This situation could represent: - Answer-All of the above Auto Company's shipment of parts were stopped due to a railroad accident. The parts were lifted from the rail car by helicopter and flow to the assemble plant. Which capability that this best exhibit? - Answer-Contingency capabilities Volunator Company has recently been trimming their supply base...

BUAD 331 TEST QUESTIONS WITH CORRECT DETAILED ANSWERS GRADED A+ pre-disruption phase - Answer-the period of time where there are signs or signals of a disruption that may occur in the future pre-due date phase - Answer-the period of time in which the disruption has occurred and when the affected product is due at the next point in the chain. The pre-due date phase can occur on the inbound or outbound side of the facility buffer phase - Answer-the period of time that is enabled by existin...

BUAD 331 EXAM 1 TEST BANK QUESTIONS WITH VERIFIED ANSWERS why is ROA important - Answer-using the DuPont Analysis, offers insights into the relationships between asset utilization, revenue generation, and total cost control. This can help lead us into asking the right questions about what is causing the results. What are metrics/performance measures/KPIs? - Answer-metrics that provide meaningful information to all parts of the supply chain that identify bottlenecks or areas of opportunity f...

BUAD 331 Test Quiz Test Exam Guide Questions/Answer GUARANTEE A+ 2025/2026 Service strategy - customer and/or product segments get different levels of service - stronger franchise with best customers - lower logistics costs - higher inventory turns - reduced expediting How do you create financial value in an organization? - Return on Asset improvement The Perfect Order - = # of orders perfect on all elements / total orders "if you ain't perfect, you've failed" Walmart ele...

BUAD 331 - Test 2 Top line contributions by the purchasing function include which of the following? a. Cost cutting b. Supply base reduction c. Leveraging d. Involvement in new product development e. All of the above - correct answer d. Involvement in new product development When are supplier evaluations and selection decisions initiated? a. In response to requests from internal customers b. During the design and building of new facilities c. During new product development d. Du...

BUAD 331 - Test 3: 13, 14, 15 What is the summation of all individual cycle times from the point of origin to point of consumption in the supply chain to plan, source, make, and deliver form, time, and place value called? Supply Chain Order Cycle Time T or F: Short Term Forecasting tends to be more accurate then long-term forecasting True Previous Pause Next Rewind 10 seconds Move forward 10 seconds Unmute 0:11 / 0:15 Full screen Brainpower Read More What do anticipato...

UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) ____________ the chain facilitates better strategic alignment between supply chain operations. A. Breaking B. Sharing C. Bending D. Spreading A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? A.Increase sales calls to all existing customers. B.Increase capacity utilization to gain economies of ...

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