Business > TEST BANK > APICS CSCP Exam Questions Bank | 850+ Questions with 100% Correct Answers | Updated & Verified | 218 (All)

APICS CSCP Exam Questions Bank | 850+ Questions with 100% Correct Answers | Updated & Verified | 218 Pages

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As you plan a manufactured product supply chain, what is considered the most crucial element? - ✔✔Component suppliers. without the base components required for the product, the rest of the suppl... chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? - ✔✔Doubling back. When a raw material supplier ends up using a component that they produce in their own operations, it is an example of the supply chain doubling back to serve itself. in this instance, the coal might be used to run power generators that can then be used to power the basic mining equipment used to gather coal. which is not essential element of product supply chain model? material extraction, material transformation into product, selling to the user, reverse chains. - ✔✔Reverse chain. Reverse transaction is not an essential element of supply chain product model. stakeholders - ✔✔all who can be affected by the decision made in a supply chain. this may encompass the public, goverment, trade associations, and univerisities. how can the goverment impact supply chain function? - ✔✔Levying taxes, creation of infrastructure, and regulation. what is the best way to view the nature of a supply chain? ... a series of ..... - ✔✔a series of processes that are linked together. each process can be carried out by a different entity, the success or failure of the supply chain model depends on the process that allows information, material, and cash to flow most seamlessly. what WAS the primary focus of some of the earlies supply chain models? - ✔✔Cutting costs. However, as business became more connected, the focus became value creation, rather than trimming expenses. this makes the chain more stable.in a value creation supply chain, what are the most valuable activities - ✔✔Activities that trascend a single entity. provide positive impact to no only a single organization, but the chain as a whole. when a supply chain operates externally, connecting business and organizations rather than departments, one leading entity often emerges. what is the name of this entity? - ✔✔Nucleus firm. the firm that directs and organized the supply chain is usually known as a nucleus firm or channer master. The SCOR supply chain process model includes three basic entities. Which of these can be found to the right of your company in this model? - ✔✔Customers..... Suppliers can be found to the left. [Show More]

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