enterprise resource planning Supply Chain Management (SCM) is a vital concept to understand in the world of business and of everyday life. The document contains 20 multiple choice questions that appear to be from a final exam on operations management and supply chain management topics. Final Examination. This document provides a tentative exam schedule for postgraduate distance education programs at Addis Ababa University School of Commerce for the 2022 entry. Operations Management - C215 Study Guide. includes 20 Multiple choice questions. what does supply chain management do? manages and controls flows of material and information in the supply chain. This is not a suggestion. A minimum of three years of practical work experience in any aspect of supply chain management. 1) The document contains a sample exam paper for an introductory logistics and supply chain management course. what increases visibility of the supply chain? Jul 2, 2024 · Efficiency is used in conjunction with scale to reduce environmental effects in logistic activities by, for example, transporting and handling freight more effectively. S&OP APICS 5 step process. encompasses the planning and management of all activities involved in sourcing and procurement. Global Supply Chain Management. 1 / 36. In order to be eligible for the CFx, learners must successfully complete and pass all five SCx courses as an ID-verified learner, using the same username throughout the program. Final Exam - Free download as PDF File (. connect to transportation exchanges to assess carrier availability and pricing. Design and implement the transformation processes that best meet the needs of customers and the firm. Is that part of supply chain management that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information, from point of origin to point of consumption, in order to meet customer requirements. Logistics is movement of goods, services and information and cash in a supply chain. Global Supply Chain Management Final. A ____ is used in areas where dockworkers cannot read but. The exam will focus on material since the midterm. 3) Capacity - resources that may be more or less than what is required. This capital could be used to purchase other items, remain invested, or be paid to shareholders. operations. Learn more about the exam. distortion of demand information within the supply chain. View Essay - Final Exam - ETI3647 Supply Chain Management. -Ex: make sure empty boxes return for reuse Downstream: In a supply chain, the direction that points toward the end consumer, finds a way to get goods and 112 Multiple choice questions. Identify which of the following BEST reflects the fitness for use: When you buy a luxurious car which you never expect to drive because you know you could end up in a car crash. Review for the final exam will be held on December 7th. consumer relationship managment 3. Attempt all Questions. need a method to keep documents and shipments together. Each company needs the core competency of other in order to maintain customer value. Study with Quizlet and memorize flashcards containing terms like Which aspect of quality is demonstrated by a vehicle that has a useful life of 165,000 miles?, A quality improvement team is trying to illustrate to upper management how a process is varying over time as measurements are collected. logical overall unit for measuring sales & output. part of the supply chain that plans, implements, and controls the flow and storage of goods and services to meet customer's requirements. communication of the plan to those charged w/ its execution. The CFx is the Comprehensive Final Exam for the MicroMasters program in Supply Chain Management. 9K views 4 years ago Supply Chain Management projects. conversion and all logistic management activities. quantity- right amount, break bulk and assort. suppliers transport raw materials and other unfinished goods to manufacturers. Heavy resource commitments and high switching costs. 4. (AICD, 2015). Able's inventory turnover rate was ______. different stages of the supply chain to have a very different estimate of what demand looks like. improved transportation and communications technology 2. When a producer Integrate and advance knowledge from Modules and Workshops, hone management and leadership skills, final exam preparation. a. docx from BBA HOR NO at Superior University Lahore. Expected Value formula. form- repackaging, refurbishing. The bullwhip effect causes: Click the card to flip 👆. Private Warehouse. Days of supply formula. Preview. purchasing department located at the firm's corporate office or centralized location makes all the purchasing decisions; advantages: concentrated volume, leveraging purchase volume, avoid duplication, specialization, lower transportation costs, no competition within business units, common supply base Fall 2020 OPER8340 Final Exam Report B - 6 - OPER8340 Global Supply Chain Management Final Exam Report Fall 2020 Report B: Sustainable Supply Chains This final exam Report is marked out of 70 points plus up to 10 points for formatting (spelling, grammar, referencing and citing) and following instructions for completion and submission of your Report. The time that it takes from when a firm spends money to receive raw materials and resources until when they finish making the goods, sell them, and receive payment. Winson Tom. Study with Quizlet and memorize flashcards containing terms like ABC Classificatin, class structure, commercial off the shelf (COTS) and more. marks and total mark is 10. T or F: The given forecast for a product is 140 units in a 7-day week. Practice materials 100% (15) 45. Which two statistical process control (SPC) tools should the team use?, The CEO of a service company Materials/ Inventory Management Define: Upstream, Downstream, Reverse Logistics, 1st and 2nd tier suppliers Upstream: In a supply chain, the direction that points toward the suppliers. Be able to identify the position in the supply chain. Right product, right customer, right time, right condition, right quantity, right place, right cost. the information must be accurate, accessible in a timely manner, of the right kind, and must be shared. 9. 5 Utilities. products are shipped to retailers who sell the product to final customers. See more. time- when needed. Final exam online through elms not in class- through zoom with camera on- no lockdown. Logistics. , The course syllabus contains the following statement: Rollins Attendance Policy is that students are expected to attend all scheduled classes and be prepared for every class. b. The exam consists of 150 questions, and you have 3. transportation management. A push supply chain strategy is when supply chain activities are driven by the availability of products, while a pull supply chain strategy is driven by customer demand. the coordination and integration of the internal and external resources necessary for a successful aggregate plan. To qualify for the CFx, a learner must complete and pass all five SCx courses as an ID verified learner, using the same username. Summaries 100% (6) 8. coordination and collaboration between partners, which can be suppliers, intermediaries, third-party service providers or customers. Term. Each question has 0. the planning and management of all activities involved in sourcing and procurement, conversion, and all Logistics Management activities. Explain what design in CA made in China means as it relates to global logistics. Ted wanted to paint his upstairs hallway. Outline the phases and processes of Feb 19, 2024 · Information Technology What is a supply chain and its components? (Upstream, downstream, tier suppliers). View Notes - final exam review from SCMT 001 at University of Arkansas. 11 terms. Jun 20, 2024 · Study with Quizlet and memorize flashcards containing terms like Offshoring to low-cost countries is most attractive for products with, The process of evaluating the present value of any stream of future cash flows so that management can compare two streams of cash flows in terms of their financial value is, Flexibility should be valued by takin into account uncertainty in demand and economic lean ideas to apply accross supply chain. Note: There are TWENTY MULTIPLE CHOICE QUESTIONS in this part. Final Exam report- for final term exams. Logistics is Necessary to: operations and supply chain management. Cons: duration is longer. Project Lifecycles and Processes 36%. Study with Quizlet and memorize flashcards containing terms like Development Time, Repeatability, Testability and more. Tune in, pass the final exam, and earn your certificate. Flow through Supply Chain. The MITx MicroMasters Program in Supply Chain Management helps learners gain expertise in the growing field of Supply Chain Management through an innovative online program consisting of five courses and a final comprehensive exam. Meindl. share information within different levels of a supply chain, which provide the foundation on which supply chain processes execute transactions and managers make decisions. loosened regulations on financial institutions 3. Whether you’re just exploring the industry, refining your the development and management of supplier relationships to acquire goods and services in a way that aids in achieving the immediate needs of the business. - -A supply chain is the global network of organizations and activities involved in designing, transforming, consuming, and disposing of goods and services. CSCMP definition of supply chain management. place- exactly where needed. More information about the Final Exam is available within the courseware. producing and del ivering a pr oduct. Test knowledge acquired in a case-based exam. , The course syllabus contains the following statement: The instructor is your first point of contact for any information technology issue, such as a problem with Canvas. Week 2 Question 1 1 / 1 point Because supply chain design is very much a human process it is not 71 of 71. Quiz yourself with questions and answers for Supply Chain Management Final Exam: Multiple Choice, so you can be ready for test day. Activities include forecasting, product design, scheduling, purchasing SCM 300 Final Exam Study Guide Last Test! Module 01: Intro to Supply Chain Management Competitive Priorities Cost, quality, speed, and flexibility these are vital to knowing whether a company is meeting its goals now, and working towards better performance in the future. Chopra. The questions cover concepts like quality control, data warehousing, priority rules, production management Logistics Management Final Exam. txt) or read online for free. The supply chain flows downstream (to consumer) and upstream (to suppliers Logistics Management Final Topic 1 Logistics – Plans, implements and controls the efficient and effective forward and reverse flow and storage of goods, services and related information between points of origin and point of consumption Economic Utility – Value or usefulness of a product Possession utility – value of being able to posses a product Form utility – value of form that can A Supply Chain is the global network of organizations and activities involved in (1) designing a set of goods and services and their related processes, (2) transforming inputs into goods and services, (3) consuming these goods and services, and (4) disposing of these goods and services. changing inventory levels2. The Comprehensive Final Exam (CFx) is the final examination for the MicroMasters program in Supply Chain Management offered by MIT. Chopra and P. 3. and more. Logistics: Click the card to flip 👆. what does supply chain management do? manages and controls flows of material and Supply Chain Management Final Exam. 2. Explore quizzes and practice tests created by teachers and students or create one from your course material. Quiz yourself with questions and answers for Supply Chain Management Final Exam, so you can be ready for test day. docx from MANA MISC at Course Hero. Exam 2 Review Sheet. Supply Chain Logistics Management MAR3202 Final Exam Learn with flashcards, games, and more — for free. 2)# units sold per yearcost per unit / average inventory levelcost per unit. The MicroMasters is an advanced, professional, graduate-level foundation in Supply Chain Management. Pros: better control, visibility, and cheaper in long run. Key developments behind the evolution of Logistics and SCM are as follows: • Reduced transport intensity: this concept states that international trade went from being dominated by raw materials to more refined and finished goods. 1 / 201. A____ a set of 3 or more organizations directly linked by one or more of the upstream or downstream flows of products, services, finances and information of the source to the customer. Supply Chain Strategy is about making decisions on how to structure a supply chain that supports and aligns with the organization's strategy - makes decisions on suppliers; location and capacity of plant, warehouses, distribution centers, and distribution channels to move products to customers - determines how information and data are managed, communicated and the technology employed is also sales and operations planning aimed at: 1. pdf), Text File (. Click the card to flip 👆. 5. PROCUREMENT AND SUPPLY CHAIN MANAGEMENT FINAL EXAM QUESTION Answer all questions 1. Collaborative Supplier Relationship. manufacturers create the finished products and then shipped distribution centers or wholesalers. CSCP exams are administered via computer-based testing at Pearson VUE test centers worldwide and online through the OnVue system. 100% (7) 2. xls / . increased demand for imported services and goods 4. , According to the A process to develop tactical plans that provide management the ability to strategically direct its businesses to achieve competitive advantage on a continuous basis by integrating customer-focused marketing plans for new and existing products with the management of the supply chain. planning and controlling of all processes involved in procurement, conversion, transportation and distribution across a supply chain. com. Quiz yourself with questions and answers for Introduction to Supply Chain Management - Final Exam - Rutgers, so you can be ready for test day. The sum of the lead times that sequential Study with Quizlet and memorize flashcards containing terms like The required textbook for this class is Supply Chain Management: Strategy, Planning, and Operations (Fifth Edition) by S. At the beginning of the 7-day week, having 140 units on hand, a supply chain manager places an order for the product and their supplier informs the manager that the lead time for the order will be 10 days. comparative cost advantages 5. BSAD Exam 4-- Operations/Supply Chain. objective of aggregate planning. coordination an collaboration with channel partners. logistics. The exam score range is 200 to 350, with scores 300 and above are considered passing. Firm in the middle of figure. CSCMP Definition of supply chain management. Logistics is the management of the flow and storage of inventory such that total cost is minimized and _____ are achieved. Study with Quizlet and memorize flashcards containing terms like Supply Chain, Supply Chain Management, Objective of Supply Chain Management and more. 59 terms Supplier management. -the part of supply chain management that involves warehousing, transportation, and reverse logistic activities. Quiz yourself with questions and answers for Supply Chain Management - Final Exam, so you can be ready for test day. Introduction to Supply Chain Management - Final Exam - Rutgers. 3 of 129. the operations function. Course staff will notify and enroll qualified learners when they become eligible. Keaton_Mo. Quiz yourself with questions and answers for Supply Chain Management - final exam, so you can be ready for test day. supply chain management determines the strategy in the areas of the supply chain and logistics is the operational level of implementing that strategy. Holding cost is the opportunity of having inventory on site compared to using the capital for something else. The collection of people, technology, and systems within an organization that has primary responsibility for providing the organization's products or services is called: relationship management. 2) Lead Time - time between supply chain steps causing a delayed response. F acilities include factories, warehouses/distribution centres, and retail outlets. Chapter 12 – Global Supply Chain Management (10 Marks) As previously mentioned, Apple is global company with operations spanning across the globe. Supply chain. You must wait 7 days between consecutive attempts of this exam. One of three primary inputs in MRP; states which end items are to be produced, when these are needed, and in what quantities. Supply Chain Management Final Exam. Study with Quizlet and memorize flashcards containing terms like Manufacturing inventory, Distribution inventory, Purposes of Inventory and more. possession- creating desire, marketing. It includes the use of new technologies to improve information flows and coordinate the physical flow of goods between trading partners. What are 3 ways in which to improve the sustainability of logistics and supply chain systems. Part A: Multiple choice questions (10 marks). Definition. Chapt er 11: Supply Chain Managemen t. Limited supplier options, procuring critical items, innovation, supply. This is a sample exam paper for the final exam to under the format. capacity options. Key to effective supply chain management. The recognition by an organization of the sustemic, strategic implications of the tactical activities involved in managing the various flows in a supply chain (understanding that you are part of a supply chain) Click the card to flip 👆. Keeping the costumer in mind. 5 hours to finish. Database Management Systems Final Exam. Is that part of supply chain management that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information, from point of origin to point of consumption, in order to meet customer Study with Quizlet and memorize flashcards containing terms like Which of the following is NOT an activity typically performed by a company's call center?, When an international shipment reaches the US, the importer of Record must file entry documents at the port of entry, and the goods are not legally entered into the US commerce until all of the following criteria are met, EXCEPT?, A person View SUPPLY CHAIN MANAGEMENT FINAL EXAM. Inventory management in SCM involves the control of the flow of materials, including the levels of inventory, the timing of reordering, and the coordination of production 1. the integration of core processes across organizational boundaries through improved communication, partnerships, alliances and cooperation. Supply Chain Integration. 1. Supply Chain Manageme nt Final Term Paper BBA- 5B Noor Ahmad BBHM-S19-088 Question-1 Q#01: Bullwhip intro to supply chain management - final exam. varying production rates through overtime or idle time4. the supply chain. , According to the BUAD 331 UTK Supply Chain Final Exam. Today's supply chain management professional needs multidisciplinary expertise. concerned with identifying ways to improve long-term business performance by better understanding sourcing needs, developing long-term sourcing strategies, selecting suppliers, and managing the supply base. using part time workers. Supply chain is sequence of organization, their facilities, functions and activities involved in producing or delivering a product or service. Name the key aspects of supply chain management. Get a hint. supply chain. A strategic alliance relationship is characterized by having. d. FINAL EXAM May 2015 SEMESTER SUBJECT CODE : MMS707 SUBJECT TITLE : Supply Chain View Supply Chain Management_Final_Exam_088. Competition is increasingly global. Weighted average of decision outcomes in which each future state of nature is assigned to a probability of occurrence. Final Exam 2012 Entry - Free download as Excel Spreadsheet (. 3) annual unit sales / (beg inv + end inv)/2. Purpose of supply chain. varying workforce size by hiring or layoffs3. Cons: high start up cost, fixed location, fixed size/costs. supply chain management 2. Terms in this set (116) what is the difference between supply chain management and logistics? supply chain management determines the strategy in the areas of the supply chain and logistics is the operational level of implementing that strategy. -plans, implements and controls the efficient, effective flow and storage of goods, services, and related information from the point Introduction to Supply Chain Management - Final Exam - Rutgers. -Upstream product suppliers typically provide raw Study Flashcards On Supply Chain Management Final Exam at Cram. The Final Exam is a timed, virtually proctored exam that covers material from all five modules of the course. more. Supply Chain Management. Planning, design, and control of the flow of information and materials along the supply chain in order to meet customer requirements in 6 Factors of Supply Planning Variability. a relative term depending on the size of the firm, small purchasing orders. 454 subscribers. bella4230. Average inventory at cost was $2 million. Supply Chain Management Final (Practice Exam) - explained. 2)# units sold per year cost per unit / average inventory level cost per unit. usually to meet forecast demand while minimizing cost over the planning period. 1)cogs / average inventory value at cost. Exam questions are distributed across multiple pages. Determining the current capabilities of suppliers. Introduction to Supply Chain Management FINAL EXAM REVIEW Logistics Management Flow Storage Total costs Supply Chain 20 of 20. sales and operations planning requires: 1. manufacturing and service processes that are used to transform the resources employed by a firm into products desired by customers. Supply Chain Management Fall 2022. it integrates supply and demand management within and between companies in order to serve the needs of the end-customer. Coordinating flows and operating flows. Petersburg College. demand options. A firm has an asset turnover of 3 times and a net profit margin of 4%. how does logistics create value. OPER8340 - Assignment #4 Global Supply Chain Management. managing the firms external resources in ways that support the long term goals of a firm. supply chain security. Network. You MUST use the GPAS sheet to answer these questions. It is divided into two sections worth 60 and 40 marks respectively and contains 9 total questions. customer service targets Time series methods are quantitative methods based on assumption that ______ demand is reflected in _________ demand patterns. Once a learner starts the Final Exam, they will have 4 hours within which to complete it. Section B contains 2 compulsory questions worth 20 marks each. Practical Work Experience. As workers age, we will have a less diverse workforce in the future. strategic sourcing. Develop the planning numbers needed for effective decision making. Is that part of supply chain management that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information, from point of origin to point of consumption, in order to meet customer Jul 8, 2024 · Study with Quizlet and memorize flashcards containing terms like Supply management may indirectly contribute to the organization's competitive advantage by:, The role of supply management is best captured by the following question:, Reductions in inventory investment primarily come from getting users to reduce their demand for inventoried items. Summaries 100% (4) 79. Pros: specialized services tailor made for needs, cost can be negotiated, and more control. 3) The exam covers topics like Final Exam. Exam (elaborations) - Operations and supply chain management final exam (11,12,13,14,15) View Homework Help - FINAL EXAM - SUPPLY CHAIN MANAGEMENT from MBA 231 at Defence Authority Degree College. xlsx), PDF File (. MgtOp 452—Supply Chain Management in the Digital Age Professor Munson Washington State University Sample Final Exam Multiple Choice (3 points each) 1. Series of companies eventually making products and s services available to consumers -including all of the functions enabling the production, delivery, and recycling of materials, components, end products and services. utility- economic term used to describe perceived value. Exam questions will have several plausible options; be sure to pick the answer that best satisfies each part of the question. The exam will be available for a scheduled period of 72 hours. Supply Chain Management Final Exam: Multiple Choice. Jan 20, 2024 · Exam (elaborations) - Operations and supply chain management final exam questions and answers 11. . Supply Chain Management 1)cogs / average inventory value at cost. 2) Section A contains 7 questions worth 12 marks each, and students must answer 5 of the 7. Jun 20, 2024 · the management of information flows between and among stages in a supply chain to maximize total supply chain effectieness and profitability 1. A computer-based information system that translates master schedule requirements for end items into time-phased requirements for subassemblies, components, and raw materials. reduced international trade barriers due to regional trading blocs Explain the terms supply chain and logistics. subcontracting5. step 1: assess opportunities. 1 / 5. Encouraging or helping the firms supplier to perform in so m e desired fashion. Last year, Able Company had sales of $10 million, cost of goods sold of $6 million, gross profit of $4 million and net profit of $1 million. Essential details: You will have two (2) hours to complete this exam. Quickly memorize the terms, phrases and much more. company owned storage, for companies with large volume or valuable goods, or special storage. c. Mandatory assignments. C215 Study Guide - review for c215 exam. Cash to Cash Cycle. EV (x) = Σp (x)x. Once learners meet the eligibility A comprehensive model of the core management processes and individual process types that together define the domain of supply chain management. Supply chain: Sequence of org aniz ations—their f a cilities and activities—that a re in v olved in. Seven Rights of Logistics. Study with Quizlet and memorize flashcards containing terms like The required textbook for this class is Supply Chain Management: Strategy, Planning, and Operations (Seventh Edition) by S. - spend analysis. 1) Schedule Variations - change in requirements or a difference in execution vs actuals. It lists course codes, course titles Supply Chain. 10. The sequence of business processes and information that provides a product or service from the suppliers through manufacturing and distribution to the ultimate customer. Its supply chain consists of over 780 suppliers in 31 countries around the world, and about 350 of them located in China. Which of the following is not considered to be one of the benefits of E-Procurement Systems for buyers? Final Exam Submission F2020 – Course IB102 Global Supply Chain Management Student Name: Md Shafayet Shariar Student # 000812246 Date of Submission 12/16/2020 Company Name Pizza Hut Company Stock Symbol YUM Company Profile: (5 Marks) Pizza hut is the reputed and world's largest fast food restaurant chain. the design, operation, and improvement of the systems that create and deliver the firm's primary products and services. Manufacturing is more green and more innovative. ending or current inventory level (units) / expected or daily average demand rate (units per day) Carrying/holding costs formula. a loss of supply chain coordination. Final Guide for D464 - Summary Managing Operations. pdf from ETI 3647 at St. Rising customer expectations. The exam will cover material in the text in Chapters 9 through Chapters 13. Manufacturing or form. Supply Chain Orientation (SCO) Click the card to flip 👆. txt) or view presentation slides online. ia ib rl qh zw vl kd vb xf im