a. Supply chain management includes the planning and management
of all activities involved in sourcing and procurement, conversion,
and all logistics management activities. It also includes:
Group of answer choices
human resources and job design.
coordination and collaboration with supply chain partners.
selling and marketing products
All of the above.
b.One of the key downsides (for the manufacturer) in using the
CHASE AGGREGATE PLANNING strategy is _____________
Group of answer choices
higher inventory levels.
employee discontent.
customer dissatisfaction.
higher consumer prices.
None of the above.
All of the above.
c. The greatest, negative risk from inaccurate forecasts is
_____
Group of answer choices
high inventory costs and increased profits
imbalances in supply and demand
material shortages and decreased costs of obsolescence
low inventory costs and stockouts
d. Which strategy allows finished goods inventories to build up
and relies on backlogs to handle the demand?
Group of answer choices
The Level Production Strategy
Mixed Production Strategy
The Chase Production Strategy
The Aggregate Production Strategy
a. Supply chain management includes the planning and management of all activities involved in sourcing and...
What are the planning and sourcing activities of supply chain management?
In general, the Supply Chain Management Process includes three (3) distinct functions - demand planning, procurement and logistics True False
The primary activities included in the value chain include A. supply chain management, operations, distribution, sales and marketing, and customer service activities B. product R&D, technology and systems development C. human resource management D. general administration E. All of these choices are correct
1. Aggregate Planning 2. Supply Chain Management 3. Master Scheduling 4. Inventory Management 5. Demand Forecasting and Lead Times 6. Economic Order models 7. Economic Production Quantities 8. Strategies for managing uneven demand 9. Tools and/or systems used to control inventory, establish EOQs, and forecast demand 10. Day-to-day scheduling methods and systems IMPORTANT: Once you have a good handle on each of these concepts and how they affect a business, pick any 4 concepts that you want to evaluate where...
Which of the following best defines Supply Chain Management? management of all inbound activities from supplier to manufacturer management of all outbound activities from manufacturer to customer management of activities involved in the procurement of raw materials, their transformation into finished products and the distribution of the final product management of internal operational activities within the firm
Analysis of Trader Joe's logistics and supply chain management functional strategy as it relates to LSCM, with recommendations for improvement of the strategies and the implementation activities for Trader Joes as well as for some of its key supply chain partners. a. Describe Trader Joes LSCM organization b. Describe the firm's LSCM strategy and how it relates to the overall business strategy. Does the strategy support the overall business strategy or does the LSCM drive the overall business strategy? c....
All of the following are major activities of supply chain management EXCEPT: a. Purchasing b.Repairing c. Warehousing c. Expediting
1-The term “supply chain management” is one of the most confusing and misused terms in business. For our purposes, supply chain management: a)plans, implements and controls the efficient, effective flow and storage of goods, services, and related information between the point of origin and the port of consumption in order to meet customers’ requirements. b)is the integration of key business processes from end user through original suppliers, that provides products, services, and information that add value for customers and other...
1a. Supply chain management focuses mainly on (a) Logistics (b) Manufacturing (c) Strategy (d) All of the Above 1b. A supply chain comprises of (a) people within a single company (b) processes within a single company (c) processes across multiple companies (d) only people across multiple companies 1c. The typical number of suppliers that any firm has within a supply chain is known as the supply chain’s (a) horizontal structure (b) vertical structure (c) downstream (d) upstream 1d. The typical...
1. Practice Question 01 The creation of value for a customer is an important aspect of supply chain management. a. True b. False Answer: 2. Practice Question 02 Information, goods, and services flow both upstream and downstream in a supply chain. a. True b. False Answer: 3. Practice Question 04 A supply chain is an integrated group of processes that source, make, and deliver products. a. True b. False Answer: 4. Practice Question 05 The purchasing of goods and services...