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MGSC 290 Exam 1 Question and answers 2024/2025 verified to pass Exam (elaborations) MGSC 291 EXAM Question and answers 2024/2025 verified to pass Exam (elaborations) mgsc 291 exam 1 Question and answers already passed 2024/2025 Exam (elaborations) mgsc 291 exam 1 Question and answers 100% cor...

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MGSC Questions with complete solution 2024/2025

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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 ...

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MGSC Question and answers rated A+ 2024/2025

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MGSC Question and answers rated A+ 2024/2025What is the lifeblood of supply chain? - correct answer Inventory What is the inventory turns formula? - correct answer the annual Cost of Goods Sold / the average annual inventory Example of a company who has annual Cost of Goods Sold of $200,...

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MGSC 3010 Final Exam Question and answers 100% correct 2024/2025

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MGSC 3010 Final Exam Question and answers 100% correct 2024/2025 Probability Distributions and Simulation - correct answer Properties of Probability Distributions - correct answer - non negative numbers - adding up to exactly 1 (100%) - continuous and discrete Continuous - correct a...

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MGSC 495 Test Question and answers already passed 2024/2025

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MGSC 495 Test Question and answers already passed 2024/2025Resource Planning - correct answer Capacity planning conducted at the Business Plan level. The process of establishing, measuring, and adjusting limits or levels of long-range capacity. It addresses those resources that take long periods ...

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MGSC 492 Question and answers 2024/2025 verified to pass

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MGSC 492 Question and answers 2024/2025 verified to passFor a transport company, fuel may represent as much as _____ percent of the total operating budget. - correct answer 35% What are the characteristics of vendor managed inventory? - correct answer - The supplier takes responsibility for...

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MGSC 492 Final Exam Question and answer correctly solved 2024/2025

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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...

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MGSC 492 Final Exam Questions with complete solution 2024/2025

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MGSC 492 Final Exam Questions with complete solution 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? - co...

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MGSC 492 Final Exam Question and answers rated A+ 2024/2025

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MGSC 492 Final Exam Question and answers rated A+ 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? - correc...

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MGSC 492 Exam Question and answers 100% correct 2024/2025

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MGSC 492 Exam Question and answers 100% correct 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 500. What is the difference in your average inventory? - correct a...

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MGSC 487 Exam Question and answers already passed 2024/2025

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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 ____________ fr...

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MGSC 486 Exam Question and answers 2024/2025 verified to pass

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MGSC 486 Exam Question and answers 2024/2025 verified to passSize of the service sector >75% of U.S. GDP, >70% of GDP for most developed countries >78% of U.S. employment estimated 30-70% of value added in a typical manufacturing firm can be attributed to services With service pro...

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MGSC 485 Final Exam Question and answers correctly solved 2024/2025

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MGSC 485 Final Exam Question and answers correctly solved 2024/2025basic/simple checksheet most basic form of data collection. tally up numbers and total them. frequency plot checksheet appropriate when identifying probabilities of different types of customer concerns about a product/ser...

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MGSC 395 Midterm Exam Questions with complete solution 2024/2025

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MGSC 395 Midterm Exam Questions with complete solution 2024/2025Operations Management - correct answer the processes that effectively produce, transform, and deliver a product or service Operations Strategy - correct answer cost, quality, delivery, flexibility companies determine what th...

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MGSC 395 Final Exam Question and answers rated A+ 2024/2025

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MGSC 395 Final Exam Question and answers rated A+ 2024/2025 Chapter 8: Forecasting - correct answer - Understand demand management - Understand the difference between dependent and independent variables - Interpret R-squared in the regression output - Calculations: MAPE and MAD; along with fo...

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MGSC 395 Exam Question and answers 100% correct 2024/2025

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MGSC 395 Exam Question and answers 100% correct 2024/2025forecast - correct answer a prediction of future events used for planning purposes time series - correct answer the repeated observations of demand for a service or product in their order of occurrence time series pattern: horizontal...

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mgsc 395 exam Question and answers 100% correct 2024/2025

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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 ...

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MGSC 395 Exam 1 University of South Carolina Question and answers 2024/2025 verified to pass

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MGSC 395 Exam 1 University of South Carolina Question and answers 2024/2025 verified to passBig three areas chart - correct answer Finance--> Material and Service Input-->Operations--> Product and Service Outputs-->Marketing--> Sales revenue--> back to finance Finance - corre...

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MGSC 391 midterm Question and answers correctly solved 2024/2025

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MGSC 391 midterm Question and answers correctly solved 2024/2025 Common regression mistakes - correct answer linear regression for non linear relationship correlation does not equal causation reverse causality omitted variable bias data mining extrapolating omitted variable bias - correc...

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MGSC 300 Question and answers rated A+ 2024/2025

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MGSC 300 Question and answers rated A+ 2024/2025Information Technology (IT) - correct answer any computer-based tool that people use to work with information and to support the information and information-processing needs of an organization. Information Systems (IS) - correct answer collects, p...

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MGSC 300 Final Question and answers 100% correct 2024/2025

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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 p...

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MGSC 300 Final Exam Question and answers already passed 2024/2025

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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 a...

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MGSC 291 Question and answers 2024/2025 verified to pass

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MGSC 291 Question and answers 2024/2025 verified to passdescriptive statistics - correct answer the collection, organization, summarization, and presentation of data inferential statistics - correct answer drawing conclusions about a population based on sample data from that population (use ...

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MGSC 291 Walters Final Exam Question and answers correctly solved 2024/2025

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MGSC 291 Walters Final Exam Question and answers correctly solved 2024/2025In the () function in R, what does "strings=T" mean? - correct answer Non-Numerical data should be considered categorical data Which R function returns the frequency distribution for a categorical variable? - correct ...

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mgsc 291 test Questions with complete solution 2024/2025

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mgsc 291 test Questions with complete solution 2024/2025 use log-log model when - correct answer When the response and explanatory variable move multiplicatively together - when you model log(y) against log(x) - Y changes B% for every 1% increase in x - B is an elasticity use logistic regress...

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MGSC 291 Optional Final Exam Question and answers rated A+ 2024/2025

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MGSC 291 Optional Final Exam Question and answers rated A+ 2024/2025The P-value of a hypothesis test is the probability of seeing a test statistic that extreme or more - correct answer in the direction of the alternative hypothesis if the null is true The Type II error rate of a statistical hy...

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MGSC 291 Exam 3 Question and answers 100% correct 2024/2025

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MGSC 291 Exam 3 Question and answers 100% correct 2024/2025 The P-value of a hypothesis test is the probability of seeing a test statistic that extreme or more - correct answer in the direction of the alternative hypothesis if the null is true Multiple Linear Regression equation - correct ans...

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MGSC 291 Exam 3 Question and answers already passed 2024/2025

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MGSC 291 Exam 3 Question and answers already passed 2024/2025Sample Correlation Coefficient (r) - correct answer measures the strength of a linear relationship between x and y, measures how close the points come to a straight line (-1<=r<=1) An unknown population correlation coefficient ...

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MGSC 291 Exam 3 Study Guide Question and answers 2024/2025 verified to pass

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MGSC 291 Exam 3 Study Guide Question and answers 2024/2025 verified to passincreasing the sample size will usually yield a ___________ confidence interval - correct answer narrower increasing the confidence level will yield a _____________ confidence interval - correct answer wider a smal...

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MGSC 291 Exam 3 Prep Question and answers correctly solved 2024/2025

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MGSC 291 Exam 3 Prep Question and answers correctly solved 2024/2025What is the first step in processing you data for a time series analysis in R? - make all data factors - make date variable a factor with the factor() function -make date variable be recognized as a date in R with the as.Date() f...

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mgsc 291 exam 3 hendrix Questions with complete solution 2024/2025

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mgsc 291 exam 3 hendrix Questions with complete solution 2024/2025Increasing the sample size will usually yield a _______ confidence interval - correct answer narrower Increasing the confidence level will yield a _____ confidence interval - correct answer wider What does it mean if the R...

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MGSC 291 Exam 3 Question and answers rated A+ 2024/2025

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MGSC 291 Exam 3 Question and answers rated A+ 2024/2025Sample Correlation Coefficient (r) - correct answer measures the strength of a linear relationship between x and y, measures how close the points come to a straight line (-1<=r<=1) An unknown population correlation coefficient - corr...

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mgsc 291 exam 2 professor hendrix Question and answers 100% correct 2024/2025

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mgsc 291 exam 2 professor hendrix Question and answers 100% correct 2024/2025The P-value of a hypothesis test is the probability of seeing a test statistic that extreme or more... - correct answer in the direction of the alternative hypothesis if the null is true The interpretation of a hypo...

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MGSC 291 Exam 1 Question and answers already passed 2024/2025

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MGSC 291 Exam 1 Question and answers already passed 2024/2025R code: + - correct answer addition R code: - - correct answer subtraction R code: * - correct answer multiplication R code: / - correct answer division R code: ^ - correct answer exponent R code: # - cor...

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MGSC 291 Exam 1 University of South Carolina Question and answers 2024/2025 verified to pass

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MGSC 291 Exam 1 University of South Carolina Question and answers 2024/2025 verified to passputting in a dataset - correct answer data<-c(81,85,93,93,99,76,75,84,78,84,81,82,89,81,96,82,74,70,84,86,80,70,131,75,88,102,115,89,82,79,106) length(data) - correct answer tells you how may entries ...

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MGSC 291 EXAM 1 Question and answers correctly solved 2024/2025

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MGSC 291 EXAM 1 Question and answers correctly solved 2024/2025Statistics - correct answer The methodology of extracting useful information from a data set What are the two branches of statistics? - correct answer Descriptive and Inferential Descriptive Statistics - correct answer re...

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mgsc 291 exam 1 Question and answers 100% correct 2024/2025

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mgsc 291 exam 1 Question and answers 100% correct 2024/2025 the methodology of extracting useful information from a data set - correct answer statistics to use stats correctly you must: - correct answer 1. find the right data 2. use the appropriate statistical tools 3. clearly communicate t...

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mgsc 291 exam 1 Question and answers already passed 2024/2025

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mgsc 291 exam 1 Question and answers already passed 2024/2025the methodology of extracting useful information from a data set - correct answer statistics to use stats correctly you must: - correct answer 1. find the right data 2. use the appropriate statistical tools 3. clearly communicat...

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MGSC 291 EXAM Question and answers 2024/2025 verified to pass

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MGSC 291 EXAM Question and answers 2024/2025 verified to passthe correlation of data with a lagged version of itself is called - correct answer autocorrelation suppose you have a time series model and the lag1 coefficient B= 1.2. what type of series do you have? - correct answer diverging ...

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MGSC 290 Exam 1 Question and answers 2024/2025 verified to pass

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MGSC 290 Exam 1 Question and answers 2024/2025 verified to passFill Handle - correct answer Allows you to quickly complete data in a series, such as days of the week, months in a year Format Painter - correct answer Allows you to copy formatting and styles from one cell to another cell or ...

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