SCM 3301 - Quiz 1
#1. "A network of manufacturers and service providers that work together to convert and move goods from the raw materials stage through to the end user" is the definition of - supply chain #2. ...
Quizzard|5 years ago|±0|225 views
Chapter 1: Introduction to Operations and Supply Chain Management
#1. Supply Chain Management - The active management of supply chain activities and relationships in order to maximize customer value and achieve a sustainable competitive advantage. #...
Adriana_Guillen|5 years ago|±0|60 views
Chapter 3: Process Choice and Layout Decisions in Manufacturing and Services
#1. Product-based layout - A type of layout where resources are arranged sequentially, according to the steps required to make a product. #2. Functional layout - A type of layout where resou...
Adriana_Guillen|5 years ago|±0|359 views
Chapter 9: Forecasting
#1. Long-range forecast (Asset Acquisition) - Yearly planning bucket 3-10 years planning horizon New product planning, facility construction, technology #2. Medium-range forecast (Asset Utiliza...
Adriana_Guillen|5 years ago|±0|80 views
Chapter 2: Operations and Supply Chain Strategies
#1. Mission Statement - A statement that explains why an organization exists. It describes what is important to the organization, called its core values, and identifies the organization’s dom...
Adriana_Guillen|5 years ago|±0|345 views