Operations Advanced Quiz 3

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Quiz 3
1. The primary objective of this in supply chain design is making decisions under uncertainty.
2. The integration of lean speed with six sigma precision.
3. The main trade-off in the location set covering problem.
4. A holistic approach to identifying and mitigating all business risks.
5. Inventory resulting from replenishment batching.
6. A characteristic of a pull-based supply chain.
7. The inventory level that triggers an order in a (Q, R) model.
8. The difference between total supply lead time and customer order lead time.
9. Ability to track items and status throughout the chain.
10. Something introduced into operations management by global sourcing.
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