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1. The influence of corporate sourcing decisions interacts with internal design, production, finance, marketing, and accounting. 2. Purchasing departments can be seen as a primary designer and facilitator of important inward- and outward-facing sourcing policies. 3. Generally speaking, there are two approaches to deciding whether or not an action is ethical, utilitarianism and rights and […]
Chapter 1 Introduction To Supply Chain Management 16
11. Companies that experience late deliveries or low product quality from their supplier may resort to insourcing. 12. Companies that lack internal expertise in a specific functional area would likely consider insourcing. 13. Product parts, processes, and product assembly should all be designed by the manufacturing firm to assure a single-minded approach that the suppliers […]
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1. All of the following are reasons for the increasing use of ethical and sustainable sourcing practices EXCEPT: a. Global population growth b. Increasing environmental awareness c. Legislation requiring corporate ethical and sustainable sourcing d. Declining worldwide levels of natural resources 2. Managing a firm’s external resources in ways that support the long-term goals of […]
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11. According to the EcoMarkets survey, which surveys over 6000 private and public buyers, the most popular aspect of green sourcing is: a. Recycling b. Material reuse c. Energy conservation d. Packaging reuse 12. Which of the following would most likely be considered a functional product? a. PDA- Personal Digital Assistant b. HDTV- High Definition […]
Chapter 1 Introduction To Supply Chain Management 13
1. The Institute of Supply Management (ISM) surveys more than 300 purchasing and supply executives in the United States using a questionnaire seeking information on “changes in production, new orders, new export orders, imports, employment, inventories, prices, lead-times, and the timeliness of supplier deliveries in their companies comparing the current month to the previous month.” […]
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11. Cause-and-Effect Models can have multiple independent variables. 12. The difference between a simple regression forecast and a multiple regression forecast is that simple regression is used when there is only one explanatory (or independent) variable, while multiple regression is used when there are numerous explanatory variables. 13. Examples of forecasting accuracy measures are Mean […]
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1. Which of the following indices provided by the Institute for Supply Management (ISM) is considered the most important by economists because it is a composite of five weighted, seasonally adjusted indices? a. Purchasing Managers Index b. Export Orders Index c. Production and Inventory Index d. New Orders Index 2. According to the textbook, which […]
Devry Gscm326 Week 2 Discussion Dq1 Dq 2 Latest 2016 Jan
DQ 1 Deming’s 14 Points (graded) Are Dr. Deming’s 14 points clear, concise, and achievable? If not, what do you think he had in mind? In Deming’s view, who needs to do what and why? DQ 2 Quality Awards and Standards (graded) The authors of our text talk about the Baldrige Award throughout their book. […]
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11. Using Data Set E1, what would be the forecast for period 6 using a five period weighted moving average? The weights for each period are 0.05, 0.10, 0.20, 0.30, and 0.35 from the oldest period to the most recent period, respectively. (Choose the closest answer.) a. 16500 b. 17825 c. 14575 d. 16275 12. […]
Chapter 1 Introduction To Supply Chain Management 9
11. Using Data Set E1, what would be the forecast for period 6 using a five period weighted moving average? The weights for each period are 0.05, 0.10, 0.20, 0.30, and 0.35 from the oldest period to the most recent period, respectively. (Choose the closest answer.) a. 16500 b. 17825 c. 14575 d. 16275 12. […]
