Mgsc Study guides, Class notes & Summaries

MGSC 487 Exam Question and answers already passed 2024/2025In today's "sourcing sandbox" _________ are at the center - correct answer customers In a supply chain, information flows __________ from the customers to the suppliers/raw materials, and materials and products flow ____________ from the materials stage to the customers - correct answer backward; forward Supply Chain: - correct answer the integration of sequentially related firms' inbound and outbound logistics, toget...

MGSC 300 Final Question and answers 100% correct 2024/2025business management systems (BMS) - correct answer designed to support planning and the implementation process across the entire organization functional business systems (FBS) - correct answer designed to improve the efficiency and performed of a specific functional area within the organization transaction processing - correct answer -information processing that is divides into distinct, undividable operations called transa...

MGSC Questions with complete solution 2024/2025MIS - correct answer Management Information Systems What does the MIS do? - correct answer Support the business objective of a business. Gather, process disseminate Cloud Computing - correct answer -Resource acquisition is "as needed" and without upfront investments. -Resources no longer dependent on buying that resource. Machine-to-Machine (M2M) Technology - correct answer Objects that connect themselves to the Internet with sen...

MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 Practice Exam 1 with Complete Solutions MGSC 395 P...

MGSC 395 Final Exam Concept Questions and Answers with complete solution

MGSC 300 Final Exam Question and answers already passed 2024/2025Outsourcing - correct answer The business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff Offshoring - correct answer Work sourced to other countries Onshoring - correct answer Work sourced to consulting companies or vendors that are within the same country. SWOT Analysis - correct answer Strengths,...

A credit card-processing firm would be likely to list the following competitive priorities for its external customers: A. Concurrent engineering B. Mass customization C. Consistent quality D. Postponement - c Which of the following events from the twentieth century defines the history of operations and supply chain management? A. The invention of the assembly line for the Model T car by Henry Ford. B. Alfred Sloan's introduction of strategic planning for achieving product pro...

mgsc 395 exam Question and answers 100% correct 2024/2025 Operations management - correct answer The systematic design, direction, and control of processes that transforms inputs into serves and products for internal, as well as external, customers Process - correct answer any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers Operation - correct answer a group of resources performing all or part of o...

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...