COB 300 Study guides, Class notes & Summaries

service package Correct Answer-a bundle of goods and services that is provided in some environment five features of a service package Correct Answer-supporting facility, facilitating goods, information, explicit services, implicit services customer contact Correct Answer-the physical presence of the customer in the system Creation of the service Correct Answer-the work process involved in providing the service itself extent of contact Correct Answer-the percentage of time the custome...

How much money are we seeking and why? Correct Answer-we are seeking 1,100,000 dollars- 500,000 bank loan which will be paid off in year 3 and 100,000 from each of us to get materials to start our business How much are we willing to sell and how many times a year will product be bought Correct Answer-6,757 cushion and fabric slips and 20,477 cloth covers - found these numbers by multiplying our total market potential by the market share -once a year for fabric slips, and 1 every 3 years fo...

Return on Assets is Correct Answer-the rate of return generated by the firms assets return on common equity is Correct Answer-the return provided to stockholders (in an accounting sense) Return on invested capital (ROIC) is Correct Answer-the return provided to all suppliers of capital Operating cycle Correct Answer-The length of time it takes for the investment of cash in inventory to be returned in the form of payments from customers The longer the operating cycle Correct Answer-th...

Rubin COB 300 FINAL Questions with Complete Solutions

COB 300 Operations Chp 5 EXAM LATEST REAL EXAM 57 QUESTIONS AND CORRECT ANSWERS WITH RATIONALES|ALREDY GRADED A+ What are manufacturing processes? - ANSWER- processes used to make tangible goods. What is required to make something can be divided into 3 simple steps: Source, make, and deliver. Depending on the item being produced supply chain can be very long or very short, where parts are sourced and the product is made locally. Source: Parts are procured from suppliers Make: M...

COB 300 Operations Chp 5 EXAM LATEST REAL EXAM 57 QUESTIONS AND CORRECT ANSWERS WITH RATIONALES|ALREDY GRADED A+ What are manufacturing processes? - ANSWER- processes used to make tangible goods. What is required to make something can be divided into 3 simple steps: Source, make, and deliver. Depending on the item being produced supply chain can be very long or very short, where parts are sourced and the product is made locally. Source: Parts are procured from suppliers Make: M...