supply chain ex 3 – Flashcards
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options to consider when location planning
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1. expand an existing facility 2. add a new location 3. relocate from one location to another 4. do nothing
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what is the last step in making location decisions
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evaluate alternatives and make a selection
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when a location eval uses both quantitative and qualitative inputs use
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factor rating
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the center of gravity is used to ________ travel time, distance and costs
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minimize
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location of raw materials, location of markets, and labor factors are all
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regional factors
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GIS stands for
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geographical information system
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location options don't include a
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contract
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the method for evaluation location alternatives that uses the total cost curve is
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cost-volume analysis
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evaluating location alternatives that uses the composite or weighted average is
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factor rating analysis
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the method that minimizes shipping costs between multiple sending and receiving locations is
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transportation model analysis
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the transportation model method for evaluating location alternatives minimizes total
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shipping cost
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info not needed for the transportation model
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unit shipping distances
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the automatic identification of material is part of
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RFID
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not an application of E-business
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universal product codes
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an advantage of E-business
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reduction of transaction costs, shortened supply chain response time
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______ has helped business concentrate on their core business
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outsourcing
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outsourcing followed by what is not simple
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backsourcing
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the interface between the firm and its suppliers is
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purchasing
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the two types of decisions that are relevant to supply chain management are
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strategic and operational
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the purchasing cycle begins with
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receiving a requisition
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examination of the sources of supply for purchased parts or materials in performance is called
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vendor analysis
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vendor analysis has the greatest potential for savings for items that have
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high annual cost-volume
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what is not a performance driver
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stability
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vendor analysis is the examination of the ____ of purchasing materials
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source
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a system for inventory mgt involving multi-echelon warehouses is
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DRP
