Mgs Samenvattingen, Aantekeningen en Examens

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...

Capacity - CORRECT ANSWER-The max rate of output of a process or system What do long-term capacity plans involve? - CORRECT ANSWER-Investments in new facilities and equip at the organizational level, and require top mgmt participation and approval bc they are not easily reversed When choosing a capacity strategy, what do managers need to consider? - CORRECT ANSWER-How much of a cushion is needed for variable demand & should we expand capacity ahead of demand or wait until demand is more c...

5 functions of a manager (Fayol) - Answer plan organize staff lead control An operations manager is in charge of - Answer the systematic design, direction, and control of processes that transform inputs into services and products for internal, as well as external customers operations management inputs - Answer workers managers equipment facilities materials land energy operations management outputs - Answer goods services inputs - Answer financial, physical process -...

MGSC 395 Exam 1 Questions and Answers

MGSC 346 Final Exam Study Guide. When is the customer population of a waiting line problem said to be infinite? A. when the number of customers in the system does not affect the rate at which the population generates new customers B. when the waiting line system can accommodate a very large number of customers in the queue C. never, since every population of potential customers is finite in number D. when the number of potential customers is greater than 10 - CORRECT ANSWER A. w...

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...

Capacity Planning Capacity – Max rate of output of a process or system Long Term Capacity – relates primarily to strategic issues involving the firms major production facilities Short Term Capacity – concerns issues of scheduling, labor shifts, and balancing resource capacities the goal of short-term capacity planning is to handle unexpected shifts in demand in an efficient economic manner. Utilization – degree to which a resource such as equipment, workspace, or workforce is cur...

AU MGSC 369 (Service Operation Management) Assignment 1 Athabasca University.

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...