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MGSC 346 Quiz Problems Exam 2 With Questions And 100% ALL SURE ANSWERS
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MGSC 346 Quiz Problems Exam 2 With Questions And 100% ALL SURE ANSWERS
Practice questions for this set
, The materials manager for a billiard ball maker must periodically place orders for resin, one of
the raw materials used in producing billiard balls. She knows that manufacturing uses resin at a
rate of 100 kilograms each day and that it costs $.04 per day to carry a kilogram of resin in
inventory. She also knows that the order costs for resin are $100 per order and that the
procurement lead time for the resin is two days. What should be her Reorder Point (ROP) if both
2
the demand and lead time do not fluctuate?
- 200 kilograms
- 100 kilograms
- 2,000 kilograms
- 50 kilograms
True/False When the 'no quantity discounts' assumption of the EOQ model is relaxed (or
3
violated), that is when price discounts are offered, then the total cost calculations include the
purchasing cost (price per unit*demand)
True/False All of the following circumstances would likely lead to a need for a new location...
1. Growth in demand
4
2. Depletion of inputs
3. Losing customer base due to migration (that is, a shift in the market)
4. Cost of doing business at a particular location
Don't know?
Terms in this set (97)
When a location evaluation includes both factor rating
quantitative and qualitative inputs, which of the
following technique(s) can be used?
- factor rating
- transportation models.
- linear programming.
- center of gravity methods.
- consumer surveys
MGSC 346 Quiz Problems Exam 2
, True/False Location planning options for an existing True
company are the following:
1. expansion of an existing facility.
2. adding new locations.
3. moving to a new location.
4. doing nothing.
Customer preferences, labor wage rates, and location decisions at the continent/country level
cultural differences are factors relating to
- product design.
- zoning.
- location decisions at the site selection level.
- location decisions at the continent/country level.
The following method uses total-cost lines and locational cost-profit-volume analysis
equations for evaluating location alternatives.
- the transportation model.
- factor rating.
- geographic information system (GIS) analysis.
- locational cost-profit-volume analysis.
- the center-of-gravity method
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