Idis - Study guides, Class notes & Summaries
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IDIS 344 EXAM 1 QUESTIONS AND ANSWERS ALREADY PASSED
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IDIS 344 EXAM 1 QUESTIONS AND 
ANSWERS ALREADY PASSED 
 
What are the two primary factors Distributors use to determine pricing and discount setup. 
PRODUCTS 
 
CUSTOMERS 
(also vendors) 
 
Who normally gets the best price and why? Charge customers normally get the best 
discounts because you're building trust in an established relationship. And expect return business 
from them. Next discount goes to cash customers, and the least discount goes to new customers. 
 
There are various sales order...
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IDIS 343 Exam 2 Latest Update Graded A+
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IDIS 343 Exam 2 Latest Update 
 
Graded A+ 
 
Carrying Cost cost for carrying inventory over time 
 
the primary cost is the cost of money tied up in inventory, but also includes obsolescence, 
insurance, personal property taxes, and storage costs 
 
Procurement Costs cost of preparing the order, order transmission, production setup, 
materials handling/ processing at the receiving dock 
 
price of goods 
 
Out-of-stock Costs include lost sales cost & backorder cost 
 
Lost Sales Cost profit imm...
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IDIS 240 FINAL EXAM UPDATED ACTUAL Questions and CORRECT Answers
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IDIS 240 FINAL EXAM UPDATED 
ACTUAL Questions and CORRECT 
Answers 
List Price - CORRECT ANSWER- Listed price of a product 
Selling Price - CORRECT ANSWER- -=list price - trade discounts 
-the amount that appears on the invoice (amount paid by the customer) 
-=COGS + Margin or =COGS +Markup
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IDIS 433 Final Exam UPDATED ACTUAL Questions and CORRECT Answers
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IDIS 433 Final Exam UPDATED ACTUAL 
Questions and CORRECT Answers 
S.M.A.R.T. goals - CORRECT ANSWER- S. - Specific 
M. - Measurable 
A. - Aligned 
R. - Reach-out or Relevant 
T. - Time-bound 
10 steps structured brainstorming - CORRECT ANSWER- 1. State what you are 
brainstorming and write it 
where everyone can see it.
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Idis 240 Final Exam Questions And Answers Latest Update
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Idis 240 Final Exam Questions And Answers Latest Update
And that's how you make extra money
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IDIS 344 Final Exam UPDATED ACTUAL Questions and CORRECT Answers
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IDIS 344 Final Exam UPDATED ACTUAL 
Questions and CORRECT Answers 
5 S's - CORRECT ANSWER- Source 
Stock 
Store 
Sell 
Ship 
E-Commerce is: - CORRECT ANSWER- - maintaining business relationships and selling 
information, services, & commodities by means of telecommunications networks 
- refer to trading of goods & services over the internet
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IDIS 343 FINAL QUESTIONS AND ANSWERS
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IDIS 343 FINAL QUESTIONS AND ANSWERS
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IDIS 433 Final Exam - Complete Solutions (Answered)
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IDIS 433 Final Exam - Complete Solutions (Answered) Goals must be _______ down. Written Goals must be ________. Measurable Goals must be aligned to the corporate _______, ______, & ________. vision; mission; objectives Goals must be _________. S.M.A.R.T. Goals are ______ ______ and describe what we wish to _________. short term; achieve Goals are important to your team because they give you ________. Direction Specific and challenging goals has an avg. ______ improvement in productivity across...
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IDIS 344 FINAL EXAM 2024 ACTUAL QUESTIONS AND ANSWERS GRADED A+
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IDIS 344 FINAL EXAM 2024 ACTUAL QUESTIONS AND ANSWERS GRADED A+ 
 
Of the 5 S's, which 2 are considered to be "inventory control" and which one is considered as "order processing"? 
-Stock and Store 
-Ship 
 
Source, stock store, sell, ship 
Barcoding systems Benefit include 
• Increases Productivity 
• Maximizes Efficiencies 
• Reduces costs & waste 
• Improves Quality Control 
Barcoding systems NETWORKS include: list 3 
• Computer 
• Printer 
• Supporting Software- "Mincron...
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IDIS 240 Final Exam Review UPDATED ACTUAL Questions and CORRECT Answers
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IDIS 240 Final Exam Review UPDATED 
ACTUAL Questions and CORRECT 
Answers 
Original Equipment Manufacturer - CORRECT ANSWER- There are three end users as 
discusses in Overview of the Industrial Channel. Which of the following is one of those end 
users? 
Original Equipment Maintenance 
Owner of Equipment Manufacturer 
None of these 
Owner of Equipment Maintenance 
Original Equipment Manufacturer
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