Scm3 - Study guides, Class notes & Summaries

Scm315 Exam Questions And Answers (Verified And Updated) 1. If you buy items for one-half the market price without obtaining appropriate quality, delivery, or quantity standards, your firm would _________________. - answerD. be rendered noncompetitive In general, price is important; however, remember __________ of many variables that go into purchasing decisions. - answerC. it is only one 3. The objective of the purchasing department is to buy the _______ materials from the ______ suppli...

SCM315 final Exam Questions and Answers 100% Correct | latest update average function definition - returns the average (mean) of its arguments; can be numbers or names, arrays, or references that contain numbers average function arguments - whatever you want to find average of minimum function definition - returns the smallest number in a set of values, ignores logical values and text minimum function arguments - =MIN(number 1, number 2, etc) maximum function defintion - returns the lar...

OSCM373 EXAM 3 REVIEW QUESTIONS AND ANSWERS, GRADED A+ A business owner uses 162 parts each day. Ordering cost for parts is $10 per order, and annual holding cost is 1 dollars per unit. Assume 360 days in a year. What is the Economic Order Quantity for parts? - 1,080 EOQ=SQRT(2DS/H)=SQRT(2*162*360*10/1)=1,080 units. A business owner uses 162 parts each day. Ordering cost for parts is $10 per order, it take 3 days to receive the parts once an order is placed, and annual holding cost is 1...

SCM315 Exam Preparetion SUMPRODUCT(array 1, array 2, ...) - answeris a function of adding up the products of numbersat the same positions in multiple arrays SUMPRODUCT Condition: - answerInput arrays must have the same size and structure (orientation).SUMPRODUCT Function VLOOKUP(lookup_value, table_array, col_index_num, range_lookup): - answerreturn a value fromthe specified column (col_index_num) at the row of the matched identifier (lookup_value)in the selected table (table_array) look...

SCM315 Exam Preparetion SUMPRODUCT(array 1, array 2, ...) - answeris a function of adding up the products of numbersat the same positions in multiple arrays SUMPRODUCT Condition: - answerInput arrays must have the same size and structure (orientation).SUMPRODUCT Function VLOOKUP(lookup_value, table_array, col_index_num, range_lookup): - answerreturn a value fromthe specified column (col_index_num) at the row of the matched identifier (lookup_value)in the selected table (table_array) look...

SCM300: Exam 1 Practice Questions and Answers (Verified) 100% Pas

A business owner uses 162 parts each day. Ordering cost for parts is $10 per order, and annual holding cost is 1 dollars per unit. Assume 360 days in a year. What is the Economic Order Quantity for parts? - ANS 1,080 EOQ=SQRT(2DS/H)=SQRT(2*162*360*10/1)=1,080 units. A business owner uses 162 parts each day. Ordering cost for parts is $10 per order, it take 3 days to receive the parts once an order is placed, and annual holding cost is 1 dollars per unit. Assume 360 days in a year. What is ...

Final study guide for supply chain management 315 at ASU. Very thorough and explains all information needed for exams. I watched all of the lectures to take these notes, and I got an A+ in the course using these notes.

SCM300 Exam 3 Study Guide

SCM301 (Lutz) Exam 2 Practice Exam questions and verified correct answers