Mro business - Samenvattingen, Aantekeningen en Examens

OEM stands for - Answer-Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution - Answer-exclusive MRO stands for - Answer-maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? - Answerintensive Bundling Products & Services? - Answer-assortment How long customer is willing to wait? - Answer-wait time ...

OEM - Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO - Maintenance Repair Operation - people who fix something with a problem Contractor - Person who provides supplies or service under contract Breaking bulk - Shipping something in individual components 3PL - 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID - Radio Frequency Identific...

WGU C215 Operations Management Exam Questions and Answers 100% Pass Advertising revenue model - Answer- Provides users with information on services and products and provides an opportunity for suppliers to advertise Affiliate revenue model - Answer- Companies receive a referral fee for directing business to an affiliate Appraisal cost - Answer- The cost associated with uncovering defects Automated order entry systems - Answer- A method using telephone models to send digital orders to sup...

CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers Fixed Cost (FC) Costs that remain the same irrespective of business activity or volume Variable Cost (VC) Costs that vary with the level of output Market Factors Objectives Drivers Governance Ownership Commodity or Non-Commodity Break-Even Point (BEP) When total costs are equivalent to sales revenue (after this, it is profit) Solving a Problem SCAMPER Substitute Combine Adapt Modify Put to other uses E...

OMIS 338- EXAM 2 Questions With 100% Verified Answers Inventory Management - answerObjective of inventory management is to strike a balance between inventory investment and customer service Importance of inventory - answermost expensive assets less inventory= lower costs but greater chance of running out more inventory raises costs but always keeps customers happy Functions of inventory - answerProvide a selection of goods for anticipated demands separate various parts of the production ...

WGU C215 Operations Management Exam Questions and Answers 100% Pass Advertising revenue model - Answer- Provides users with information on services and products and provides an opportunity for suppliers to advertise Affiliate revenue model - Answer- Companies receive a referral fee for directing business to an affiliate Appraisal cost - Answer- The cost associated with uncovering defects Automated order entry systems - Answer- A method using telephone models to send digital orders to sup...

CIPS L4M2 Defining Business Need Exam Questions With 100% Correct Answers Fixed Cost (FC) Costs that remain the same irrespective of business activity or volume Variable Cost (VC) Costs that vary with the level of output Market Factors Objectives Drivers Governance Ownership Commodity or Non-Commodity Break-Even Point (BEP) When total costs are equivalent to sales revenue (after this, it is profit) Solving a Problem SCAMPER Substitute Combine Adapt Modify Put to other uses E...

MRO - maintenance, repair, and operations Selling price = - List Price - Trade Discounts Net Price = - selling price - allowable discounts (cash discounts) net sale - Actual money received after discounts and adjustments Cost of Goods Sold (COGS) = - Cost of Merchandise + Freight of Manufacturer FOB Shipping Point - Distributor/ Buyer pays for shipping and owns the product in transit Trade Discounts - Specified in term of sale. Offered by manufacturer due to fluctuations in mar...

WGU C215 Operations Management Test with Solutions Advertising revenue model - ️️ -Provides users with information on services and products and provides an opportunity for suppliers to advertise Affiliate revenue model - ️️ -Companies receive a referral fee for directing business to an affiliate Appraisal cost - ️️ -The cost associated with uncovering defects Automated order entry systems - ️️ -A method using telephone models to send digital orders to suppliers. Backward...

CIPS L4M2 Defining Business Need Types of Purchases new buy, straight rebuy, modified rebuy Straight rebuy purchase Routine purchases of the same products under approximately the same terms of sale Modified rebuy purchase When new-task purchases are changed on repeat orders or straight rebuy purchases are modified New purchase A purchase of an item for the first time Examples of straight rebuy purchases Utilities (gas, water, electricity) MRO ( Maintenance, repair and operating item...