Knowing your Terms Sales and operations planning activities are…

Question Answered step-by-step Knowing your Terms Sales and operations planning activities are… Knowing your TermsSales and operations planning activities are important because they allow an organization to understand and determine the path for the organization. The information for these terms and ideas comes from the textbook chapters 15-16. Column A contains terms or ideas you need to be familiar with and Column B contains the definition or important aspects of the terms or ideas. Match the terms or ideas from column A to the definitions or important aspects in column B. This activity counts as a participation posting and posting day and no citing or references are needed assuming you provide 15 pairs of names and descriptions. All items in Column A have a unique answer in Column B. Have fun matching Column A- Terms or Ideas1.     Request for proposal2.     Transporting materials-Truck3.     Transporting materials-Ship4.     A place where foreign goods can be brought into the United States without being subject to normal customs requirements.5.     Bullwhip effect6.     Transporting materials – Train7.     Sourcing8.     Transporting materials -Hand deliver9.     Functional products10.  Transporting materials – Pipeline11.  Third-party Logistic Provider12.  Logistics13.  Evolving Supply chain14.  Total cost of ownership15.  Cost of Goods sold Column B – Definitions or Important AspectsA.   High capacity and low cost, but slowB.    Free trade zoneC.   The estimate of costs related to procurement and disposal.D.  Last step in many supply chainsE.   A process suitable for procuring products.F.   The annual cost for producing the goods or services provided to customersG.  Items that meet the basics needs of people known as staplesH.  Highly specialized and limited to liquids, gases, and solids in slurry formI.    Low cost but slow and variableJ.   Variability in demand magnified as we move away from the customerK.  Great flexibilityL.   Reverse logistics, an outside company used to manage logistics functions.M.  A process where the underlying technology changes quickly. N.   A solicitation for a detailed proposal to supply an itemO.   The art and science of obtaining, producing, and distributing material. Answer with the Number in Column A and the letter in Column B. For example, 1-F and 2-C and 6-E and so on.  Engineering & Technology Industrial Engineering Operations Management MGT 655 Share QuestionEmailCopy link Comments (0)