Mgsc 492 Study guides, Class notes & Summaries

MGSC 492 Final Exam Question and answers rated A+ 2024/2025The "lifeblood" of the supply chain is - correct answer Inventory Your order quantity is currently 1000. With better negotiations, your supplier agrees to an order qty of 500. What is the difference in your average inventory? - correct answer 250 Assume you have 50 pieces in safety stock and each time an order is placed 1000 units is ordered. What is the average inventory? - correct answer 550 True or False - Safety stoc...

MGSC 492 Final Exam Question and answer correctly solved 2024/2025The "lifeblood" of the supply chain is - correct answer Inventory Your order quantity is currently 1000. With better negotiations, your supplier agrees to an order qty of 500. What is the difference in your average inventory? - correct answer 250 Assume you have 50 pieces in safety stock and each time an order is placed 1000 units is ordered. What is the average inventory? - correct answer 550 True or False...

MGSC 492 Final Exam Questions with complete solution 2024/2025The "lifeblood" of the supply chain is - correct answer Inventory Your order quantity is currently 1000. With better negotiations, your supplier agrees to an order qty of 500. What is the difference in your average inventory? - correct answer 250 Assume you have 50 pieces in safety stock and each time an order is placed 1000 units is ordered. What is the average inventory? - correct answer 550 True or False - Safet...

MGSC 492 Question and answers 2024/2025 verified to passFor a transport company, fuel may represent as much as _____ percent of the total operating budget. - correct answer 35% What are the characteristics of vendor managed inventory? - correct answer - The supplier takes responsibility for the inventory held at the client's premises. - Ownership of the inventory passes to the client when the inventory is utilized. - The overall level of inventory in the client's warehouse can be ...

MGSC 492 Exam Question and answers 100% correct 2024/2025The "lifeblood" of the supply chain is - correct answer Inventory Your order quantity is currently 1000. With better negotiations, your supplier agrees to an order qty 500. What is the difference in your average inventory? - correct answer order qty/2 1000/2=500 500/2=250 500-250 = 250 Assume you have 50 pieces in safety stock and each time an order is placed 1000 units is ordered. What is the average inventory? - correct ...

MGSC 392 Operational Management Multiple Choice Questions and Verified Solutions

_MGSC - 492 Exam 1 MGSC - 492 Exam 1 Questions and answers

What is the lifeblood of supply chain? - Inventory What is the inventory turns formula? - the annual Cost of Goods Sold / the average annual inventory Example of a company who has annual Cost of Goods Sold of $200,000 and the average annual inventory has been $50,000. - Inventory turns would be 4 = $200,000 / $50,000 Example of inventory turns: - Management in the above example sets the inventory turns goal to 8. Currently they are at 4. If cost of goods remain the same (same sales), $200,...