Busi411 Study guides, Class notes & Summaries

BUSI 411 Exam 4, Operations Management The Operations Manager for Shadyside Savings & Loan orders cash from her home office for her very popular. “BIG BUCKS” automated teller machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 12,500 bills per month. The carrying a bill in inventory costs 10 percent of its value annually. She knows that each order for these bills costs $300 for clerical and armored car delivery costs, and that order lead time...

BUSI 411 Exam 4 – Question and Answers Everything else being equal, a firm considering outsourcing would find all of the following desirable except: The maximum possible output given a product mix, scheduling difficulties, personal time, and so on is: Which of the following is not a reason why capacity decisions are so important? Which of the following would tend to reduce effective capacity? Students at a major university must go through several registration steps. Officials have ob...

BUSI 411 Exam 4, Operations Management The Operations Manager for Shadyside Savings & Loan orders cash from her home office for her very popular. “BIG BUCKS” automated teller machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 12,500 bills per month. The carrying a bill in inventory costs 10 percent of its value annually. She knows that each order for these bills costs $300 for clerical and armored car delivery costs, and that order lead time...

BUSI 411 Exam 2, Operations Management Which of the following is a key question in capacity planning? Utilization is defined as the ratio of: (BUSI 411 Exam 2) Given the following information, what would utilization be? An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime locat...

BUSI 411 Exam 3 – Question and answers Which of the following principles emphasizes that actions should make the community as a whole better off? Which of the following is not an ongoing trend in manufacturing? A “product package” consists of: In addition to operations, which of the following is considered a “line” function? Business organizations consist of three major functional areas which, ideally: An organization’s mission statement serves as the basis for: Which of the...

BUSI 411 Exam 2, Operations Management Which of the following is a key question in capacity planning? Utilization is defined as the ratio of: (BUSI 411 Exam 2) Given the following information, what would utilization be? An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime locat...

BUSI 411 Exam 3, Operations Management Cause-and-effect diagrams are sometimes called: Deciding how much to invest in the prevention of defects can be analyzed using: The tool that is useful in the collection and organization of data is a: So, all the workers responsibility for quality improvements and authority to make changes is known as: When an organization comes to the realization that there are quality problems. In products that are already in service, ethical approaches include: ...

Operations Management Final Exam 2. Questions & Answers (Graded A)

Individual Rights And The Obligations Of Government,Prepare: Prior to beginning work on this discussion, read Chapters 8, 9, and 10 in American Government and review the Week 4 Instructor Guidance. Be sure to read about the different party platforms, including the Democratic Party (Links to an external site.), Republican Party (Links to an external site.), and one third party (e.g., Libertarian Party (Links to an external site.), Green Party (Links to an external site.), Constitution Party (Link...