Exam 3: Supply Chain Drivers and Metrics

The use of differential pricing over time or customer segments to maximize profits from a limited set of supply chain assets is

The following warehousing methodology is one in which goods are not actually warehoused in a facility. Instead, trucks from suppliers, each carrying a different type of product, deliver goods to a facility. There the inventory is broken into smaller lots and quickly loaded onto store-bound trucks that carry a variety of products, some from each of the supplier trucks.

A facility with little excess capacity will likely be no more or less efficient per unit of product it produces than one with a lot of unused capacity.

The components of inventory decisions include capacity, cycle inventory, safety inventory, seasonal inventory, and sourcing.

________ identifies the difference between the planned production/inventories and the actual values.

Information is potentially the biggest driver of performance in the supply chain as it directly affects each of the other drivers.

All raw materials, work in process, and finished goods within a supply chain are known as

Companies using seasonal inventory will maintain a level inventory increase rate of production for periods of high demand.

The most significant sourcing decision for a firm is