SCM 300 Study guides, Class notes & Summaries

SCM 300 EXAM 1 MODULES 1-4 (DAVILA) QUESTIONS WITH SOLVED ANSWERS!!

SCM 300 DAVILA ASU FINAL with complete solution

SCM 300 Exam 2 Questions with Correct Answers 4 Retailing Options - Answer-1) Brick and Mortar - All products and services are sold to customers from physical stores. Example: McDonald's 2) Online or E-tailing- All products and services are sold to customers through an online website. Example: A 3) Bricks and clicks - Products can be bought from a physical store or from an online system. Example: Barnes and Noble and BN.com 4) Clicks and calls - In addition to taking orders via the compa...

SCM 300 Exam Questions with All Correct Answers 3 branches of supply chain & what they are responsible for - Answer-1.Procurement, (Purchasing): the branch of supply chain where deals happen, negotiations a for the best price on materials, equipment, goods, and services. 2. Operation: the branch responsible for efficiency, and operation help the organization to create and acquire high-quality products or services while using the fewest resources from the organization end. 3. Logistics: is...

SCM 300 FINAL EXAM WITH A GUARANTEED PASS Business Process - Answer-Takes an input, adds value, provides an output. 3 requirements for a good process... - Answer-1. Good intentions 2. Reproducible Results 3. Measurable and Manageable Common reasons for a bad process... - Answer-1. Never was good - ambiguity, misalignment, miscommunication 2. Used to be good - market evolution, miscommunication 3. Limitations - development of poor or limited processes, lack of appropriate tools St...

SCM 300 EXAMINATION 1 QUESTIONS AND ANSWERS GRADED A+ (T/F) Supply Chain Management activities work with computer-aided design programs to ensure the continued supply of a scarce item. - Answer-False (T/F) Many large firms are moving to in-house vertically integrated structures where they have more control over each business unit. - Answer-False (T/F) The purchase order is NOT a legally binding contract until it is accepted by the supplier. - Answer-True (T/F) According to the textbo...

SCM 300 Exam 1 Questions with Complete Solutions Guarantee Pass Lawn mowers are sold mostly in the summer months but are manufactured around the year to meet the heavy summer demand. What category of inventory would this exemplify? - Answer-anticipation inventory When there is a lack of suitable suppliers, firms may assist existing suppliers to improve their overall output and capabilities. This growing trend by firms is referred to as... - Answer-supplier development According to the...

SCM 300 Final Test with Complete Solutions Graded A+ What is a Business Process - Answer-Documented series of activities that when completed properly aim to effectively turn inputs (Materials, equipment, labor) into valuable products or services. Value of a Business Process - Answer-Companies and the supply chain within those companies are essentially a collection of dozens if not thousands of interconnected and interdependent business process Constancy, managing from afar, ability to g...

SCM 300 FINAL EXAM QUESTIONS AND ANSWERS ALL CORRECT The Bigelow Bicycle Company presently has a daily demand of 300 bicycles. Bigelow buys the bicycles from their suppliers for $400 each. Each bicycle is then sold to customers for $500. Presently, they have 2100 units of inventory. Their outstanding accounts receivable total is $450,000. Their outstanding accounts payable total is $480,000. Using only this information and the simple formula provided, what is the cash to cash cycle? - Answer...

SCM 300 2024 Exam Questions with Correct Answers Reverse logistics activities - Answer-end customers returning products, warranty repairs, throw products away Focal Firm - Answer-End-product manufacturer Vertically Integrated Firm - Answer-a firm whose business boundaries include one-time suppliers and/ or customers Supply chain integration - Answer-1. when multiple firms in a supply chain coordinate their activities and processes so that they are seamlessly linked to one another in...

SCM 300 Exam Questions with Complete Solutions According to the lectures, which of the following is TRUE in relation to typical supermarket layouts? Milk and Butter are put near the store exit because they are perishable Cereals get an entire aisle because there are so many different brands available Supermarkets attempt to put the least profitable items along the walls/perimeter of the store Meats and Fish are put in the back of the store so that customers will see them every time the...

SCM 300 Test Questions with All Correct Answers Supply Chain Management - Answer-Is the EFFICIENT INTEGRATION of suppliers, transporters, manufacturers, warehouses, retailers and all other parties associated with the delivery of the final product. Goals- cost, speed, quality. Efficient execution- Get things done right with the minimal effort and resources. Manage resources- People Materials, machines. Operations Management - Answer-Adds value, is what it takes to make the product and sell i...