Eoq model Samenvattingen, Aantekeningen en Examens

Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place - Answer-A. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The total elapsed time from when the customer first ...

oscm exam 3 Question and answers rated A+ oscm exam 3 DVD recorders would be an example of independent-demand items. - correct answer true Reorder point models are primarily used for dependent-demand items. - correct answer false Decoupling operations applies to the railroad industry. - correct answer false In the A-B-C approach, C items typically represent about 15 percent of the number of items, but 60 percent of the dollar usage. - correct answer false EOQ inventory models ar...

BUAD 331 Exam 3 Questions and Answers 100% Pass Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/placeA. Supply cycle time Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The tot...

Selectively apply automation to help reduce costs and lower prices at whole foods - ANSWER 1. In class we discussed amazons recent acquisition of whole foods. The strategy that seems the most plausible for amazon is: Focus on creating supply chains that deliver the specific form, time and place utility that each customer segment is looking for, at a price that each segment is willing to pay - ANSWER 3. Two kinds of customers walk into grizzly fly fishing shop: college freshman taking a fir...

MAR 3203 UCF Exam 1 Latest Update Graded A+ *** "Today's forecast equals yesterday's actual demand" is referred as the naive approach. "Next period forecast averages the last 3 months" is referred as a moving average. *** The forecasting time horizon easiest to predict for Short term Quantitative forecasting method? Exponential Smoothing Which forecast error measure is probably the easiest to interpret? MAPE Relative Estimate size (MAPE) Absolute Exact number (MAD &...

BUSI 411 Operations Management 1. Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. What is the economic order quantity for pepperoni? A. 20 pounds B. 40 pounds C. 60 pounds D. 80 pounds E. 100 pounds 2. The materials manager for a billiard ...

What are purchased items or extracted materials that will be transformed into components or products called? correct answers Raw Materials Inventory Which of the following inventory functions does not involve end products sold to customers? correct answers MRO Inventory In a periodic review inventory system, how many units are ordered? correct answers Target Inventory Level- On hand balance Which of the following is an assumption of the basic EOQ model? correct answers Lead time is know...

Annual holding cost is calculated based on : Average inventory If EOQ is ordered which of the following is true? : Annual order cost is equal to the annual holding cost The Setup cost (in a production scenario) are analogous _________ costs. : ordering The slope of the total cost curve at EOQ is : zero The three general classes of costs that are important in identifying the EOQ : Purchase cost, ordering cost, holding cost Which of the following is NOT an advantage of a periodic review ...

You are SC manager at cellphone Inc. and part of your job is to make recommendations on fulfillment techniques for various products. Boss wants to know which products would be most appropriately serviced using lean technique. You tell him... - ANSWERa basic phone with a high volume of predictable customer demand A SC that utilized an agile order fulfillment technique will - ANSWERhold manufacturing until receiving actual customer orders Ted buys 50 gallons of milk and 20 cartons of hot coc...

What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap What is the total elapsed time from when the customer first recognizes need to ...