Explain the difference between a gross requirements plan and a net requirements plan
What will be an ideal response?
A gross requirements plan is a schedule that shows the total demand for an item (prior to subtraction of on-hand inventory and scheduled receipts) and 1. when it must be ordered from suppliers or 2. when production must be started to meet its demand by a particular date. A net requirements plan adjusts gross requirements for inventory on hand and scheduled receipts.
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Transportation plays a key role in every supply chain because
A) products are normally produced and consumed in the same location. B) products are rarely produced and consumed in the same location. C) the cost of transportation is inconsequential. D) transportation is not a factor in determining profitability.
Anti-raiding covenants, by which an employee signs an agreement not to hire away other employees in employment in the future, are illegal in all states
a. True b. False Indicate whether the statement is true or false
There is a definitive and prescriptive set of supply chain measures that result in one best way to measure supply chain performance
a. True b. False Indicate whether the statement is true or false
Knowledge workers often exhibit ________ loyalties to their colleagues and their profession relative to their employing organization.
A. no B. less favorable C. greater D. fewer