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Which of these explains the relationship between spend, risk, and procurement strategy?

We discussed different measures of capacity. One such is ______, such as number of shoes a factory can produce per day.

One aspect in determining process selection is what level of ______ is needed, that is, the mix of equipment and labor that will be used by the organization to make products.

A process layout is generally used when products have a discontinuous flow, like bakeries. This is also referred to as __________ processing.  Equipment and departments are arranged in functional groupings based on the type of activities they perform. 

An efficiently located warehouse facility can result in lower costs and better customer service because ____________________.

The first step in the Theory of Constraints process, which is about optimizing systems in the face of constrained resources, is to  __________.

Glady’s Mirrors needs to ship an order of 50 vanity mirrors to a homebuilder in Florida. The mirrors cost $300 each. She can ship the order by 8-day truck at a fixed freight cost of $300, or by 1-day air at a fixed freight cost of $800. Gladys uses an annual inventory carrying cost of 30% of the item cost. Assume 365 days per year. Enter your answer rounded to a whole dollar amount in the format 1234 with no other text or symbols.  A. Calculate the total cost to use 8-day ground shipping. [gr] B. Calculate the total cost to use 1-day air shipping. [air] C. Which method should Gladys use to ship? Enter AIR or GROUND as your answer.  [ans]

A company plans to manufacture a new portable air conditioning unit, and they are assessing capacity requirements. They expect to have an annual demand of 10,000 units. Each work cell can produce 2400 units per year.    How many work cells should the company have, to satisfy demand? Enter your answer as a whole number with no other text or symbols.

In chapter 8, we learned two models for choosing a location. One is called the center of gravity method, which enables us to assign coordinates to multiple existing locations and then use those to find the best coordinates for another location. For example, Walmart wants to build a new distribution center to serve multiple Walmart stores. The center of gravity method allows us to ______.

Capacity decisions are considered strategic because of the way these decisions __________.