MGSC 395 EXAM PACK WITH COMPLETE SOLUTIONS

MGSC 395 Exam 3 Questions With Solutions Which of the following statements regarding forecasting "units of measurement" is best? Forecasted "product units" can be translated to dollars by multiplying them by the unit price. _________ methods translate the opinions of managers, exp...

MGSC 395 Exam 2 Questions With Solutions When are output measures of capacity best utilized? When applied to individual processes within the firm or when the firm provides a relatively small number of standardized services or products When are input measures of capacity best utilized? Low volu...

MGSC 395 Exam 1 University of South Carolina Questions With Solutions Operation (Parts of all the processes) A group of resources performing all or part of one or more processes What is a supply chain? An interrelated series of processes within and across firms that produces a service or pro...

mgsc 395 exam 1 Questions With Solutions Internal Customers one or more employees or processes that rely on inputs from other employees or processes in order to perform their work External Suppliers the businesses or individuals who provide the resources, services, products, and materials for ...

MGSC 395 Final Exam Questions With Solutions Generally, which of the following are to be avoided when managing demand? A. quantity discounts B. backorders C. perishable capacity D. promotional pricing A

MGSC final Exam Questions With Solutions Which of the following outcomes is not a direct result of a market analysis? Development of core competencies What other considerations would be crucial to the final decision about making and marketing the new product? also consider how this product fit...

MGSC 395 Final Exam Questions With Solutions Suppliers - with the projected demand, we make decisions about our relationships with suppliers. do we need more suppliers? do we have too many? do we need to develop new suppliers for future growth? general characteristics of forecasts forecast a...

MGSC 395 Final Exam Questions With Solutions Demand Forecasting One of the critical inputs into business success ______________ is used as the basis for all planning, up and down the organization Demand Forecasting Demand forecasting can lead to changes in Strategy Demand forecasting can dr...

MGSC 395 Final Questions With Solutions A stockout occurs when an item that is typically stocked is not available to satisfy a demand the moment it occurs. True A backorder occurs when a customer order cannot be filled when it is placed, but is instead filled later. True Setup cost is indepen...

MGSC 395 Questions With Solutions What are core competencies? Unique strengths already possessed by the firm: workforce, location, distribution and financial knowhow and technology/analytics What are competitive capabilities and competitive priorities? Competitive capabilities - ACTUAL position...

MGSC 395 Exam 1 Precht Questions With Solutions Supply Chain An interrelated series of processes within and across firms that produces a service or product to the satisfaction of customers Manufacturing Process Physical, durable output Output can be inventoried Low customer contact Long res...

MGSC 395 (Exam 1 David Precht) Questions With Solutions Differences between Service and Manufacturing Process 1. Nature output 2. Degree of customer contact Competitive Priorities cost, quality, time, flexibility Competitive Capabilities Current, needed, planned Order Qualifiers Minimum level...

MGSC 395 - Exam 1 – Branner Questions With Solutions Order Winners A criterion customers use to differentiate (car example) Ex. You are interested in buying a laptop computer. Your list of considerations include the computer's speed in processing data, its weight, screen size, and price. ...

MGSC 395- exam 1 Questions With Solutions competitive priorities critical dimensions that a process of supply chain must possess to satisfy its internal or external customers, both now and in the future competitive capabilities the cost, quality, time and flexibility dimensions that process or ...