exam 3

Question 2

TL

Answer 2

truck load

Question 3

LTL

Answer 3

less than truck load

Question 4

Direct delivers

Answer 4

made from one originating location to one receiving
- selects the shortest path between two locations
- very simple
- delivers directly from prodution location to where the product will be used
-eliminates the middle man
- most efficient when recieving location generats EOQs

Question 5

milk -run deliveries

Answer 5

• routed to bring products from a single originating location to multiple receiving locations or deliveries that bring products from multiple originating locations to a single receiving location
  -lower cost because recieving locations get fewer and larger deliveries
  -products can be combined to fill the TL

Question 6

what are the milk-run delivery routing techniques

Answer 6

1. the saving matrix technique
2. the generalized assignment technique

Question 7

saving matrix technique

Answer 7

best used where there are many different constraints that need to be satisfied by the delivery schedule.

Question 8

general assignment technique

Answer 8

better solutions when there are no constraints.

Question 9

cross docking

Answer 9

pioneered by walmart
TL shipments of singular products arrive and unload, at the same time, their bulk shipments are being browken down into smaller lots and comnbimed with small lots of other products and loaded right back onto other trucks
-product flows fast
-less handling expense since product does not have to be put away and then retrieved

Question 10

reverse logistics

Answer 10

returns in a supply chain and the process

Question 11

product recycling

Answer 11

at the end of a life cycle, customer sends product back for it to be reused or safely disposed of. adds value

Question 12

intermodal

Answer 12

moving freight by two or more modes of transportation

Question 13

characteristics of the modes of transportation

Answer 13

1) cost of transport
2) reliability and regularity of service
3) safety
4) characteristics of goods
5) budget
6) time scale
7) flexibility

Question 14

M&OP

Answer 14

Mission and Operations Planning
a streamlined version of the S&OP that can guide mass collaboration between participants in disaster response

Question 15

S&OP

Answer 15

Sales and operations planning
used to produce a rolling 30 day supply chain operating plan

Question 16

pooling

Question 17

Walmart’s distribution network

Question 18

Role of distribution fulfillment

Question 19

Technology and equipment

Question 20

5 supply chain drivers

Question 21

bullwhip effect

Question 22

efficiency and responsiveness

Question 23

throughput

Question 24

Tier 1, 2, 3 continuous improvement

Question 25

APIs

Question 26

self-corecting feedback loop

Question 27

KPIs

Question 28

cloud computing

Question 29

data transmission

Question 30

application systems

Question 31

ERP

Question 32

CRM

Question 33

WMS

Question 34

new technologies

Question 35

information integration

Question 36

planning synchronization

Question 37

smart factory

Question 38

simulations

Question 39

big data learning feedback loop

Question 40

4 types of SC software

Question 41

technology selection and implementation process