Single level bom - Study guides, Class notes & Summaries

landed price - correct answer cost of the product + cost of the transportation of the product to end customer materials management - correct answer last mile logistics - correct answer from retailer to the end customer physical distribution - correct answer inbound logistics - correct answer (aka mat...

ABC classification - Answer Process of classifying items in descending order based on annual dollar volume or some other criteria. The list is then split into 3 classes - A, B, and C. A represents 10-20% of items but 50-70% of dollar volume; B represents 20% of items and 20% of dollar volume; C represents 60-70% of items but 10-30% of dollar volume. This principle states that effort and money can be saved by applying looser controls to the low dollar volume items (C class) than the higher dollar...

economic order quantity formula - Answer Annual Carrying Cost=Annual Ordering Cost (order quantity/2) x cost per unit x carrying cost percentage=Annual Demand/Lot-Size Quantity x Cost per Order EOQ=Square Root (2AS/Ci)=Square Root of [(2 x Annual Demand x Cost per Order)/{Cost per Unit x Carrying Cost %)] 5 S's of Lean - Answer sort, set in order, shine, standardize, and sustain Hoshin planning - Answer Japanese strategic planning process in which a company develops up to four visio...

SCMA Exam 3 Questions and Correct Answers Latest Update Graded A+ (Already Passed) In lean production, products are manufactured in batches, while in traditional manufacturing the production process runs as much as possible in a constant flow - Answers False Major disadvantage of conveyors includes order fulfillment, poor reliability, and lack of flexibility once they are installed - Answers False A component of an MRP system that would provide the following information about a product such a...

ERP SAP 200 Questions with Verified Answers SAP ERP includes the following (2 are correct) a. SAP Customer Relationship Management b. SAP Supply Chain Management c. SAP NetWeaver d. SAP ECC Core - CORRECT ANSWER c. SAP NetWeaver d. SAP ECC Core The new capabilities included in an enhancement package focus on which of the following areas: (2 are correct) a. Simplification b. Extendibility c. Functionality d. Technical Delivery - CORRECT ANSWER a. Simplification c. Funt...

SAP S/4HANA Full List (TS410 Exam) Updated 2022. What are the scope of a planning run? -Regenerative Planning -Net Change for Total Horizon What is the purpose of Material Ledger? -the elimination of locking and increase throughput for standard pricing for material valuation -improved and flexible valuation methods in multiple currencies and parallel accounting What is the output of an MRP run? -Planned Order -Purchase Req for Dependent Requirements -Reservation for Dependent Items ...

SAP Exam 116 Questions with Verified Answers SAP - CORRECT ANSWER an ERP, which is a very integrated system that provides: (1) seamless flow of information across organizational boundaries (2) standardized environment that keeps data separate from applications 5 modules of SAP - CORRECT ANSWER MM, PP, SD, FI, CO all are very integrated Management assertions - CORRECT ANSWER occurence, completeness, authorization, accuracy, cutoff, classification Control activities - CORRECT AN...

WGU C215 Operations Management, Complete Solution 3D Printing 3D Printing is three-dimensional printing technology that deposits materials like plastics and metals in thick layers one atop the other with the process gradually building up one layer at a time until the object is produced. A broad view of JIT A philosophy that encompasses the entire organization. lean production/lean systems ABC classification A method for determining level of control and frequency of review of inventory i...

SCM 301 Final- Iowa State University Warehousing - ANS Companies storing their purchases, work-in progress, and finished goods Distribution Center - ANS A warehouse that is used to receive bulk shipments, break them down, repackage items, and distribute them to a manufacturing center or retail center Crossdocking - ANS Unloading an inbound vehicle and reloading the product onto an outbound vehicle with little to no storage Sorting - ANS Separating products into grades a...

SAP S/4HANA Full List (TS410 Exam) Updated 2022. What are the scope of a planning run? -Regenerative Planning -Net Change for Total Horizon What is the purpose of Material Ledger? -the elimination of locking and increase throughput for standard pricing for material valuation -improved and flexible valuation methods in multiple currencies and parallel accounting What is the output of an MRP run? -Planned Order -Purchase Req for Dependent Requirements -Reservation for Dependent Items ...