Capsim Exam Questions and Answers
Products are invented and revised by which department?
Research and Development
What is the industry newsletter called?
Capstone Courier
Which of these investments is not a function of the Production department?
Wage Increases
What are yo...
Capsim Exam Questions and Answers
Products are invented and revised by which department? - answer Research and
Development
What is the industry newsletter called? - answer Capstone Courier
Which of these investments is not a function of the Production department? - answer
Wage Increases
What are your company's options for raising money? - answer Borrowing Long-term
debt
Borrowing Short-term debt
Issuing Stock
Prices are established by the: - answer Marketing Department
The Proformas are dynamic financial statements that recalculate based on your
decisions, true or false? - answer True
Who is responsible for one of the five products in your starting product line? - answer
Product Manager
Who is responsible for one of the five market segments? - answer Segment Manager
Who is responsible for R&D, Marketing, Production, or Finance? - answer Functional
Manager
Who is responsible for predicting the behavior of one or more of your competitors? -
answer Competitive Intelligence Officer
For every dollar above the price range will lose how much demand for your product? -
answer 20%
Automation ratings are used to...
Automation ratings can be anywhere from...
The higher the automation rating; - answer 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? - answer
One year
, The company will receive how much of the original purchase price when you sell
capacity? - answer 65%
Issuing more shares (does what) to your available cash but it will also (does what) your
stock price? - answer increases, dilutes
Issuing long term debt will increase your available cash but your company will have to
pay an (?) for this loan moving forward. - answer interest expense
Bonds are sold as a (?) year note, which are not due until (?) years from the point you
issued them. - answer 10, 10
Current debt will be repaid next year but has a (higher/lower) interest rate than long
term debt. - answer lower
When do you retire stocks or bonds? - answer when the company has excess
retained earnings left over at the end of the year.
Proformas are essentially if-then statements, which means... - answer 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? - answer 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 - answer 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 - answer Marketing a product
Action Steps:
Estimate a best case for demand for each product this year
Display the Production worksheet
Observe existing inventory
Schedule production to meet best case demand less existing inventory
Save the decisions - answer Scheduling production
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