Buad 331 test Study guides, Class notes & Summaries

BUAD 331 - Test 2 Top line contributions by the purchasing function include which of the following? a. Cost cutting b. Supply base reduction c. Leveraging d. Involvement in new product development e. All of the above - correct answer d. Involvement in new product development When are supplier evaluations and selection decisions initiated? a. In response to requests from internal customers b. During the design and building of new facilities c. During new product development d. Du...

BUAD 331 - Test 3: 13, 14, 15 What is the summation of all individual cycle times from the point of origin to point of consumption in the supply chain to plan, source, make, and deliver form, time, and place value called? Supply Chain Order Cycle Time T or F: Short Term Forecasting tends to be more accurate then long-term forecasting True Previous Pause Next Rewind 10 seconds Move forward 10 seconds Unmute 0:11 / 0:15 Full screen Brainpower Read More What do anticipato...

BUAD 331 UTK Final test with 100% correct answered questions

BUAD 331 Final Exam retake test questions and correct answers

UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) ____________ the chain facilitates better strategic alignment between supply chain operations. A. Breaking B. Sharing C. Bending D. Spreading A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? A.Increase sales calls to all existing customers. B.Increase capacity utilization to gain economies of ...

Why might a company consider expanding its supply chain internationally? A) To obtain access to lower-cost suppliers B) To take advantage of a skilled labor base in another country C) To support international expansion of sales D) To fend off competition from an international competitor E) All of the above E) All of the above What is the biggest cause of difficulties in working with another culture? A) Language differences B) Different ways of making decisions and approaching business...

Sourcing is the inputs (or things we buy), including materials, sub- assembled components, equipment, and services that are required to create value. T/F False Which of the following is NOT an area in which successful supply managers need expertise? : A. Technologies B. Customers C. Suppliers D. Processes E. Resources B. Customers When purchasing and supply management works well within an organization the company acquired the best resources from around the world, which allows for c...

You are SC manager at cellphone Inc. and part of your job is to make recommendations on fulfillment techniques for various products. Boss wants to know which products would be most appropriately serviced using lean technique. You tell him... a basic phone with a high volume of predictable customer demand A SC that utilized an agile order fulfillment technique will hold manufacturing until receiving actual customer orders Ted buys 50 gallons of milk and 20 cartons of hot coco. Students pay ...