Capsim Questions with correct answers
As a general rule, stock issues are used to:
fund long term investments in capacity
your _____ department controls the performance and size, therefore position of your sensor products within the market
R&D
The ____ details sales volume in all s...
which of the following is not one of the five part
one way to enter sales forecasts and production sc
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Capsim Questions with correct answers
As a general rule, stock issues are used to: - answer fund long term investments in
capacity
your _____ department controls the performance and size, therefore position of your
sensor products within the market - answer R&D
The ____ details sales volume in all segments, reporting each products actual and
potential sales - answer market share report
Which of the following is not one of the five parts to the situation analysis? - answer
forecasting analysis
At what rate is inventory carrying cost charged? - answer 12%
One way to enter sales forecasts and production schedules is to develop a worst
case/best case scenario. Where would you enter your best case scenario? - answer
On the Marketing spreadsheet enter your worst case forecast in Your Sales Forecast
cell, and on the Production spreadsheet enter your best case forecast in the Production
Schedule cell.
Customers are indifferent to MTBF above the expected range - answer false
The primary difference between proformas and annual report is? - answer proformas
are projections of results for the upcoming year; annual reports are results from the
previous year
With each year (round) customer awareness for each product decreases by? - answer
33%
This strategy will concentrate on traditional and low end segment. Competitive
advantage will be gained by keeping R&D costs, production costs, and raw material
costs to a minimum, enabling us to compete on the basis of price (low prices), The
product will be priced below average and automation levels will be increased to improve
contribution margins and make it acceptable to run second shift/overtime - answer
niche cost leader
R&D completion time can be shortened - answer when a company takes advantage
of existing technology
if you are currently producing 100,000 units at an automation level of 5, how much
would it cost to maximize automation? - answer $2,000,000
, A products demand is driven by? - answer customer survey score
If a company with low automation wanted to invest in a single area that exclusively
lowers labor costs, they would select: - answer QIT (Quality initiative training)
Work training is entered by the? - answer hour
Period costs include? - answer all of the above
Before finalizing finance decisions, decisions must be made in all other functional areas
first. Otherwise, how will the finance manager know what they financial projections and
demands for capital look like? - answer True
If you sell all the capacity on a production line, capstone interprets this as? - answer
A liquidation instruction ad will sell your remaining inventory for half of the average cost
of production
workers will NOT strike approximately 7 days for? - answer 1 hr difference in training
On the perceptual map, the percentage of customers interested in a product positioned
outside of the rough cuts is? - answer 05
Inside each fine cut circle - answer segments have an ideal spot where demand is at
its highest
The marketing budget detail sales screen allows companies to allocate their promotion
budget to different media channels. These media channels are? - answer print
media, direct mail, trade shows, e-mail and web media
In what circumstances would a company have a high market share relative to that of its
competitors, though it is not making best use of resources available to it? - answer
Where competitors underperform, a company may have a higher market share than that
of its competitors though it is not making best use of its resources
Which model in capstone allows investments in workforce training? - answer HR
If your team decides to introduce a new product, when should capacity and automation
be pruchased? - answer One round prior to product release
In only one product segment, diminishing returns for distributors is reached at? - answer
15
For wages, the negotiation starting position cannot be less than ___% or more than ___
% of the current contract - answer 80; 150
How many market segments are there? - answer 5
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