SCM 300 CHAPTER 1 – 3 QUIZ Content According to the eNotes, which branch of the supply chain seeks to help the organization create high quality products and/ or services using the fewest resources possible? Snow blowers are sold mostly in the winter months but are manufactured around the year to meet the heavy winter demand

SCM 300 CHAPTER 1 – 3 QUIZ Content

1. According to the eNotes, which branch of the supply chain seeks to help the organization create high quality products and/ or services using the fewest resources possible?
2. Snow blowers are sold mostly in the winter months but are manufactured around the year to meet the heavy winter demand. What category of inventory would this exemplify?

3. According to the eNotes, the period of time between when an order is placed and when the order is received is known as:

4. Sammy's Sandwich Shop used to purchase bread from a local bakery. Now Sammy's bakes their own bread. According to the eNotes, Sammy's Sandwich Shop has ______.
5. According to the eNotes, EOQ is the lot size (Q) at which annual ____________ and annual ordering costs are equal. 
6. International Harvester purchases most of their supplies from 275 different suppliers. According to the eNotes, this established group of suppliers represents International Harvester's ?
7. According to the eNotes, the ratio of (What did I make?) / (What was the cost?) represents:
8. Supply chain management is the efficient ________ of suppliers, manufacturers, transportation companies, distribution centers, and retailers.