Scmn 3150 Quizzes 1-4 |60 Questions| With Correct Answers.

According to this week's reading about facility location, what factors tend to push facilities toward the marketplace? A. Lack of labor availability B. High land costs C. Sustainability of products D. High capital costs {Ans: Sustainability of products}Why is supply chain an important activity? A. Bc it makes the supply chain reactive and unstable B. Bc it provides "just in case" inventory and excess capacity C. Bc it helps managers improve flows and control cost D. Bc it guarantees forecasting and inventory accuracy {Ans: Bc it helps managers improve flows and control cost}Short term solutions for improving capacity performance include: A. Use labor overtime and maximize work on key tasks. B. Build new facilities or expand existing ones C. Modify product design to make assembly easier {Ans: Use labor overtime to maximize work on key tasks.}According to the first Episode 1 reading, what benefit will be created if a supply chain reduces its inventory investment? A. Reduced variable costs B. Reduced lost sales C. Reduced fixed costs D. Increase revenue {Ans: reduced fixed costs}According to this week's reading about facility location, why has US industry migrated from the Northeast to the Southeast? A. Fewer suppliers in