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Exam (elaborations)

CAPSIM Quiz Questions and Solutions

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  • Module
  • CAPSIM
  • Institution
  • CAPSIM

CAPSIM Quiz Questions and Solutions How many products do you start with on the simulation? 5 What is the max amount of products you can have? 8 What are reliability ranges called in CAPSIM? MTBF (mean time before failure) What is MTBF? Each segment sets a 5,000 hr range, t...

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  • December 25, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CAPSIM
  • CAPSIM
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CAPSIM Quiz Questions and Solutions
How many products do you start with on the simulation? - answer 5

What is the max amount of products you can have? - answer 8

What are reliability ranges called in CAPSIM? - answer MTBF (mean time before
failure)

What is MTBF? - answer Each segment sets a 5,000 hr range, the number of hours
a product is expected to operate before it malfunctions.

What to customers want over time? - answer The drift: faster and smaller products

What is automation and what does it do? - answer The more you automate, the
cheaper it is. Reduces production costs.

What are the costs of MTBF? - answer Material cost increase $.30 for every
additional 1,000 hours of reliability.

What is the difference between where the circle is and the ideal spot? - answer
Dashed outer circle is the limit of where people will purchase the product. The fine inner
circle is where customers prefer the product. The ideal spot is the point where demand
is the highest.

Traditional most and least important buying criteria? - answer Most: Age
Least: Reliability or MTBF

Low end most and least important buying criteria? - answer Most: Price
Least: Reliability or MTBF

High end most and least important buying criteria? - answer Most: Ideal position
Least: Price

Performance most and least important buying criteria? - answer Most: Reliability or
MTBF
Least: Age

Size most and least important buying criteria? - answer Most: Ideal position
Least: Price

What is awareness? - answer It is the percentage of people who know about your
product. It's built over time by the product's promo budget. Promotion budgets fund
advertising and PR campaigns. The before.

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