Batch processes - Study guides, Class notes & Summaries

BUAD 331 UTK EXAM 2 QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 | 100% SOLVED. make to order - ANSWER ___________ supply chains involve production in generally small quantities to meet specific customer needs. Examples include construction projects or weddings. assemble to order - ANSWER _______________ production involves holding standard parts or sub-assemblies and then allowing customers to specify the desired combination. Dell and Chipotle both use this strategy by allowing customers...

18) Which of the following statements regarding the supply chain is TRUE? A) A second-tier supplier is downstream from a first-tier supplier. B) A first-tier supplier is upstream from a second-tier supplier. C) A customer is upstream from a first-tier supplier. D) A first-tier supplier is downstream from a second-tier supplier. correct answers D) A first-tier supplier is downstream from a second-tier supplier. 27) Efforts to improve cooperation among firms in the supply chain can be chara...

WGU C215 Study Guide Final Exam Total Quality Management (TQM) Philosophy (Ans – 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) (Ans - Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma ...

GUIDEWIRE POLICYCENTER PROFESSIONAL EXAM | 100% CORRECT. Supporting information under an Account (11) - 1. Summary 2. Contacts 3. Location 4. Participants 5. Transactions 6. Submission Manager 7. Policies and UW files 8. Documents 9. History 10. Notes 11. Related Accounts Types of Policy Transactions (6) - 1. Submission 2. Change 3. Renew 4. Cancelled 5. Rewritten 6. Reinstated Jobs can be started in 3 ways - 1. By users through Actions menu 2. External systems ...

CISA Questions and Answers Latest Version with Complete and Accurate Solutions **Enterprise Resource Planning (ERP) A packaged business software system that allows an organization to automate and integrate the majority of its business processes, share common data and practices across the entire organiztion, and produce and access information in a real-time environment. Examples of ERP include SAP, Oracle Financials and J.K. Edwards. **Indemnity clause a contractual transfer of risk ...

the production budget - Sales budget + ending finished goods inventory - beginning finished goods inventory direct materials production budget - Production budget × direct materials per unit the direct materials purchases budget - Direct materials production budget + ending direct materials inventory - beginning direct materials inventory Cash collected from customers - (current period revenue × current period collection rate) + cash collected from previous period sales Cash payments to...

SCMN 2150 Test 2 Questions and Answers with Verified Solutions What is procurement? The purchase of merchandise or services at the optimum possible total cost in the correct amount and quality. How does procurement differ from strategic sourcing and supply management? Procurement is buying the merchandise or services while SS tries to improve the buying process and SM is setting up in order to attain what it needs. What is strategic sourcing? The process of analyzing an organization...

Total Quality Management (TQM) Philosophy - ANS 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - ANS Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma - ANS A disciplined, data-driven ap...

MNB1601 SUMMARY STYDY NOTES 2022. MNB1601 - Business Management IB The operations function is that function of the business aimed at executing the transformation process. The importance of operations management:  It can reduce the cost of making products or offering services  It can increase the revenue the business receives for offering its products and services to its customers/clients  It can reduce the amount of investment (capital) needed to manufacture the type and quantit...

MIS 3320 Final Study review questions with 100% correct solutions 2024/2025 What is an information system? - CORRECT ANSWER-a set of interrelated computer components that collects, processes, stores, and provides as output the information needed to complete business tasks What are the roles and skills of a system analyst? - CORRECT ANSWERorganizational role most responsible for analysis and design of information systems; like an architect; What are the necessary skills for a systems a...