Which of the following consists of real-time collaborative technology capabilities that enable purchasing? O A. Collocation of supply personnel with internal customers O B. Materials replenishment O C. Use goals that change over time O D. Link to business goals and objectives
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- A colleague has made the following statements: In the long term most production overheads are variable Traditional absorption costing systems tend to give too much overhead cost to high volume products. Which statements are correct? a) Neither statement 1 nor statement 2 b) Only statement 1 c) Only statement 2 d) Both statements 1 and 2Which of the following statements is/are true:Statement 1: Supply chain management involves acquiring and bringing inside the company all of the processes that bring value to customers. Statement 2: A value chain consists of the major business functions that add value to the company's products and services. Statement 3: Enterprise Resource planning is a concept whereby organizations consider the needs of all stakeholders when making decisions. All of the statements are true Statement 2 only Statement 3 only Statement 1 only None of the statements is trueWhich of the following statements is true in the context of local demand conditions? A. companies are typically least sensitive to the needs of their closest customers B. home demand plays a little role in helping companies upgrade their national competitive advantage. C. a nation's companies gain competitive advantage if their domestic customers are sophisticated and demanding D. the characteristics of international demand alone shape the attributes of a company's products; not local demand E. local demand characteristics have little role to play in creating pressure for innovation and quality
- 1. Which of the following statements is false?a) A high-efficiency organisation would want to have fewer storage facilities to increaseresponsiveness but this practice too is known to reduce responsivenessb) Having many production sites increases cost and reduces efficiency but responsiveness tocustomer demands increases because of proximityc) A highly responsive organisation for example would want to have many storage facilitieslocated nearer to customers but this practice reduces efficiencyd) None of the above2. Alla) Each stage of the supply chain views its actions locally and is unable to see the impact ofthe following behaviours are possible obstacles to supply chain coordination, except _____its actions on other stagesb) Different stages of the supply chain react to the current local situation rather than trying toidentify the root causesc) Based on local analysis, different stages of the supply chain blame each other for thefluctuations, with successive stages in the supply…SOLVE STEP BY STEP IN DIGITAL FORMAT 1. Investigate how the production planning of the beer business is carried out, based on the following elements: a. Frequency. b. Software or way of making it. c. Performance indicators used (KPI).John Ozment, director of special projects and analysis for Ozment’s Corporation, is responsible for preparing corporate financial analyses and monthly statements and reviewing and presenting the economic impacts of proposed strategies to upper management. Data for such financial analyses are obtained from operations and financial databases through direct queries of Ozment’s department staff. Reports and charts for presentations are then prepared by hand and typed. Multiple copies are prepared and distributed to various users. The pressure on Ozment’s group has intensified as demand for more and more current information increases. A solution to this reporting problem must be found.The systems department wants to develop a proprietary software package to produce the reports automatically. The project would require the company to make a considerable programming investment. Ozment is concerned about the accuracy, completeness, and currency of data isautomatically produced reports. He has…
- Articulate the keyoperational decisions a firmneeds to make to match supplywith demandThe JIT solution: Requires carrying materials inventory in order to lower the cost of inventory without production delays Requires selection of vendors based on lowest cost alone Exploits supplier linkages by negotiating long term contracts with a few chosen supplies located closest to the production facility and establishing more supplier involvement Requires a solid forecast to push productionThe spreadsheet model for Sam’s Bookstore containsa two-way data table for profit versus order quantityand demand. Experiment with Excel’s chart types tocreate a chart that shows this information graphicallyin an intuitive format. (Choose the format you wouldchoose to give a presentation to your boss.)
- Which of the following statements is not true: Select one: a. Inventory holding costs are the largest component of total annual inventory costs b. Product and technology life cycles are shortening c. More variety is being demanded by customers d. Lead times depends on the supplier manufacturing capabiltiesA 'Highly Responsive' OPSCM strategy is a good match for a Price Leadership competitive strategy. Select one: A. True B. FalseWhich of the following is NOT an objective of sales and operations planning? Establish greater accountability for individual plans developed by the various functional groups. Coordinate supply chain partners. Develop a maximum cost strategy for effectively meeting demands. Establish communication among various stakeholders, including finance, marketing, production, and suppliers.