Capsim Exam Questions And Answers |
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Products are invented and revised by which department? CORRECT ANSWERS
Research and Development
What is the industry newsletter called? CORRECT ANSWERS Capstone Courier
Which of these investments is not a function of the Production department? CORRECT
ANSWERS Wage Increases
What are your company's options for raising money? CORRECT ANSWERS Borrowing
Long-term debt
Borrowing Short-term debt
Issuing Stock
Prices are established by the: CORRECT ANSWERS Marketing Department
The Proformas are dynamic financial statements that recalculate based on your
decisions, true or false? CORRECT ANSWERS True
Who is responsible for one of the five products in your starting product line? CORRECT
ANSWERS Product Manager
Who is responsible for one of the five market segments? CORRECT ANSWERS
Segment Manager
Who is responsible for R&D, Marketing, Production, or Finance? CORRECT ANSWERS
Functional Manager
Who is responsible for predicting the behavior of one or more of your competitors?
CORRECT ANSWERS Competitive Intelligence Officer
For every dollar above the price range will lose how much demand for your product?
CORRECT ANSWERS 20%
Automation ratings are used to...
Automation ratings can be anywhere from...
The higher the automation rating; CORRECT ANSWERS determine labor costs.
1.0 to 10.0
the lower the labor cost
It takes how long to add more capacity or automation to a product line? CORRECT
ANSWERS One year
, The company will receive how much of the original purchase price when you sell
capacity? CORRECT ANSWERS 65%
Issuing more shares (does what) to your available cash but it will also (does what) your
stock price? CORRECT ANSWERS increases, dilutes
Issuing long term debt will increase your available cash but your company will have to
pay an (?) for this loan moving forward. CORRECT ANSWERS interest expense
Bonds are sold as a (?) year note, which are not due until (?) years from the point you
issued them. CORRECT ANSWERS 10, 10
Current debt will be repaid next year but has a (higher/lower) interest rate than long
term debt. CORRECT ANSWERS lower
When do you retire stocks or bonds? CORRECT ANSWERS when the company has
excess retained earnings left over at the end of the year.
Proformas are essentially if-then statements, which means... CORRECT ANSWERS If
your decisions come true then this is what everything will look like at the end of the
year.
What might you do if net investments increase? CORRECT ANSWERS You may need
to increase your borrowing in finance to help pay for the additional investment.
Action Steps:
Research current customer buying criteria in the Courier
Display the R&D worksheet
Adjust Performance, Size, MTBF
Observe impacts upon Age, material cost, and completion dates
Save the decisions CORRECT ANSWERS Reposition a product
Action Steps:
Research the competitive environment in the Courier
Display the Marketing worksheet
Enter decisions for Price, Promotion and Sales Budgets
Observe the decision impact upon the computer's forecast
Develop a worst case estimate for demand
Enter your worst case estimate for in the sales forecast
Save the decisions CORRECT ANSWERS Marketing a product
Action Steps:
Estimate a best case for demand for each product this year
Display the Production worksheet
Observe existing inventory
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