Questions from General Operations Management

Q: Explain the difference between independent and dependent demand, deterministic and stochastic

Explain the difference between independent and dependent demand, deterministic and stochastic demand, and static and dynamic demand. Provide an example of an inventory item for each combination of the...

Q: Define lead time. What factors affect lead time?

Define lead time. What factors affect lead time?

Q: What is supply chain management? How does it differ from logistics

What is supply chain management? How does it differ from logistics?.

Q: Describe the types of risks supply chains face and ways to mitigate

Describe the types of risks supply chains face and ways to mitigate them.

Q: Describe how e-commerce has changed the role of supply chains

Describe how e-commerce has changed the role of supply chains.

Q: List and describe the important metrics used in supply chain performance and

List and describe the important metrics used in supply chain performance and be able to evaluate total supply chain costs.

Q: Describe the components of cash-to-cash conversion cycle analyses

Describe the components of cash-to-cash conversion cycle analyses. What are the implications of positive and negative cash flows?

Q: What is a certified supplier? Why is supplier certification important?

What is a certified supplier? Why is supplier certification important?

Q: Describe how organizations are incorporating sustainability issues in managing their supply chains

Describe how organizations are incorporating sustainability issues in managing their supply chains, and explain how manufactured goods recovery and reverse logistics work.

Q: The Hudson Jewelers case study found in MindTap integrates material found in

The Hudson Jewelers case study found in MindTap integrates material found in each chapter of this book. Case Questions for Discussion: 1. Define and draw the customer benefit package and state Hudson...