Scm 300 - Module 1 Study Guide Questions And Correct Answers

Overproduction {Ans: Making products no one needs is a waste of time, money, and effort.}SCM Flows {Ans: In order for supply chains to function and develop, three things must continuously flow: Materials, Money, and Information}Upstream Supply Chain {Ans: In a supply chain the direction from customers to suppliers.}Waiting {Ans: Work- in- process waiting to be finished was made too early.}Defects {Ans: Poorly manufactured products are garbage.}7 types of waste {Ans: Defects, Overproduction, Transportation, Motion, Waiting, Inventory, Over- Processing.}