Buad 331 exam 3 Study guides, Class notes & Summaries

Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place - Answer-A. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The total elapsed time from when the customer first o...

Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place - ANSWERA. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The total elapsed time from when the customer first o...

Ted is approached by a diving goods supplier who tells him that he can reduce his purchasing price by half with ensured quality due to his lower cost structure resulting from his manufacturing locations in China. Should Ted accept the supplier's offer and why? a.) Yes, cutting the purchase cost by half can provide Ted's products great competitive price in the market. b.) Yes, ensured quality can reduce product defects and hence increase customer satisfaction. c.) It depends on the tradeof...

BUAD 331 Exam 3 (Knowledge Checks)which of the following is not a technique for fulfilling customer orders? - correct answer supply cycle time define order cycle time - correct answer total elapsed time from when the customer recognizes need to when that need is ultimately fulfilled the difference between the customer's desired order cycle and the total supply chain order cycle time is known as - correct answer lead time gap Ted's Wicked Dive Shop needs to put together a re-order plan...

BUAD 331 Exam 3 UTKThe order Cycle - correct answer process around the interface between customer demand creation and supply chain creation of form, time, and place value to fulfill that demand Focal Point of The Order Cycle - correct answer the agreement between an organization and a customer to create a certain level of form, time, and place value in exchange for value back from the customer Example of the Order Cycle - correct answer -Could be a barter of goods. -agreement to exchange...

Ted is approached by a diving goods supplier who tells him that he can reduce his purchasing price by half with ensured quality due to his lower cost structure resulting from his manufacturing locations in China. Should Ted accept the supplier's offer and why? a.) Yes, cutting the purchase cost by half can provide Ted's products great competitive price in the market. b.) Yes, ensured quality can reduce product defects and hence increase customer satisfaction. c.) It depends on the tradeo...

BUAD 331 EXAM 3 WITH COMPLETE QUESTIONS AND ANSWERS...

BUAD 331 Exam 3 Questions & Answers(Rated A) Define order cycle time. - ANSWERThe total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as: - ANSWERlead time gap The economic order quantity (EOQ) model aims to: - ANSWERcalculate the optimal amount of inventory to be reordered by balancing ordering costs with carrying costs...