BUS 370 ACTUAL EXAM QUESTIONS WITH ALL CORRECT ANSWERS ALREADY GRADED A+
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Course
BUS 370
Institution
BUS 370
BUS 370 ACTUAL EXAM QUESTIONS WITH ALL CORRECT ANSWERS ALREADY GRADED A+
Indepenent - Answer-The Northcutt Bikes service division provides spare parts directly
to the many retail businesses that sell and service Northcutt Bikes. They need an
inventory management system for the spare parts th...
BUS 370 ACTUAL EXAM QUESTIONS
WITH ALL CORRECT ANSWERS
ALREADY GRADED A+
Indepenent - Answer-The Northcutt Bikes service division provides spare parts directly
to the many retail businesses that sell and service Northcutt Bikes. They need an
inventory management system for the spare parts that addresses ordering policy, order
quantity and reorder point. The demand for the spare parts is:
C items - Answer-In the ABC methods the following items make up approximately 50%
of the item total, but only roughly 5% of the total dollars
Booked orders - Answer-In the context of aster scheduling, confirmed customer demand
for product is defines as:
Kanban, Pull system - Answer-"A production system in which actual downstream
demand sets off a chain of events that moves material through the various process
steps" is the definition of:
12-18 months - Answer-The time frame for the business planning cycle for Sales and
Operations is:
Allocates critical resources of people, capacity, materials and money - Answer-The
following statement about the sales and operations planning process is true
Marketing increased the forecast - Answer-in the Covolo diving gear case, the following
statement is true about the increase in the forecast:
Discounts/promotions - Answer-Sales and operations planning can be used is services
as as manufacturing. one strategy to improve a service operation is to smooth out
demand. An example of this is:
Anticipation - Answer-Scholastic the book publisher, has their supplies, book printers,
manufacturing million of harry potter books ahead of time so customers can have
instant availability on the launch date. This type of inventory is:
Uncertainty in supply or demand - Answer-Companies hold safety Stock inventory due
to:
Continuous review systems - Answer-When the reorder point is reached an order is
relesed for the economic order quantity which indpenedent demand system
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