Scm 300 Davila Asu Study Guide Questions And Correct Answers

Railcar Transport {Ans: Pros: More affordable than road transport, ability to carry heavier loads, more capable in poor weather, better for distance Cons: Poor on-time reliability, susceptible to loss due to in-transit vibrations,speed of shipment, access to infrastructure required}In-class examples(Consulting/BusinessProcessImprovement: {Ans: Value of process improvement and Project Management on Careers - Vital to corporate careers, Resume Builder, Politics/Leverage/Capital}AHC > AOC? {Ans: If Annual Holding Costs are greater than the Annual Ordering Costs then holding Costs are too high and the lot size should be decreased to reduce Total Costs}Productivity: {Ans: The ratio of outputs [What did I make?] to inputs [What was the cost?]. (Organizational Perspective)}Performance measurement - {Ans: Measuring employee performance for the purpose of motivation, improvement, statistical reference, promotion, termination, etc.}Diamond - {Ans: Decision Point Where Multiple Flow Paths Possible}