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MGSC 395 Exams Pack| Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+ $32.94   Add to cart

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MGSC 395 Exams Pack| Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

MGSC 395 Exams Pack| Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

23 items

MGSC 395 Exam 2 USC Gaffney Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Theory of Constraints : 1) Identify the system's constraints 2) Decide how to exploit the system's constraints 3) Subordinate everything else to the above decision 4) Elevate the system's constraints 5) Do not allow inertia to cause a system constraint As ___________ decreases, Net Profit, ...

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MGSC 395 Exam 1 University of South Carolina Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Big three areas chart : Finance--> Material and Service Input-->Operations--> Product and Service Outputs-->Marketing--> Sales revenue--> back to finance Finance : Acquires financial resources and capital for inputs Operations : Translates materials and services into outputs...

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MGSC 395 Exam 1 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Operations management : The systematic design, direction, and control of processes that transforms inputs into serves and products for internal, as well as external, customers Process : any activity or group of activities that takes one or more inputs, transforms them, and provides one or mor...

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MGSC 395 Exam 2 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Capacity : The max rate of output of a process or system What do long-term capacity plans involve? : 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 m...

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MGSC 395 Exam 1 Ahire Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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A Process View : Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers The Supply Chain View : Each activity in a process should add value to the preceding activities; waste and unnecessary cost should be elimina...

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MGSC 395 Practice Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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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...

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MGSC 395 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Complementary products : when one demand goes up, so does the other Judgement methods : contextual knowledge gained through experience Causal methods : Use historical data and the relationships can be identified between the dependent and independent variable (s). Time series methods : Use h...

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MGSC 395 (Exam 1 David Precht) Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Finance : Acquires financial resources and capital for inputs Marketing : Generates sales of outputs Operations : Translates materials and services into outputs Process : Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for...

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mgsc 395 exam 2 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A

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capacity : maximum rate of output of a process or a system capacity management consists of: : capacity planning constraint management capacity planning : long term econonomies/diseconomies of scale capacity timing and sizing strategies systematic approach constraint management : short ter...

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MGSC 395 Exam 1 Ahire Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Operations management : The systematic design, direction, and control of processes that transform inputs into services and products for internal, as well as external, customers Process : Any activity or group of activities that takes one or more inputs, transforms them, and provides one or mo...

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MGSC 395 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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inventory management : the planning and controlling of inventories in order to meet the competitive priorities of the organization inventory : a stock of materials used to satisfy customer demand or to support the production of services or goods pressures for small inventories : -inventory ...

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MGSC 395 Exam 1 Precht Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Finance : Acquires financial resources and capital for inputs Marketing : Generates sales of outputs Operations : Translates materials and services into outputs Process : Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for...

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MGSC 395 Exam 1 Timothy Fry Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Break Even Analysis : Analysis to compare processes by finding the volume at which two different processes have equal total costs. pQ = F + cQ Break Even Quantity : The volume at which total revenues equal total costs. Variables for Break Even : Variable cost (c) The portion of the total co...

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MGSC 395 (Exam 1 David Precht) Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Acquires financial resources and capital for inputs : Finance Generates sales of outputs : Marketing Translates materials and services into outputs : Operations Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs

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MGSC 395 Exam 3 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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For what organizational decisions are demand forecasts used? : -long term(general forecast) -intermediate term(product family/service lines) -short term(detailed) What are the costs/risks of forecasts that are too high or too low? : Too high: -surplus of inventory -price markdown(blackfri.) ...

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MGSC 395 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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the planning and controlling of inventories in order to meet the competitive priorities of the organization : inventory management a stock of materials used to satisfy customer demand or to support the production of services or goods : inventory -inventory holding cost -cost of capital -st...

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MGSC 395 Exam 3, Precht Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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a prediction of future events used for planning purposes : forecast the repeated observations of demand for a service or product in their order of occurrence : time series nearly flat over time : time series pattern: horizontal consistently rising or falling : time series pattern: trend 2 ...

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MGSC 395 Exam 1 University of South Carolina Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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Finance--> Material and Service Input-->Operations--> Product and Service Outputs-- >Marketing--> Sales revenue--> back to finance : Big three areas chart Acquires financial resources and capital for inputs : Finance Translates materials and services into outputs : Operations...

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MGSC 395 Final Exam Concept Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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A demand management option for a company is to even out the load on resources by producing ___________ products, or services that have similar resource requirements but different demand cycles. A. Prescheduled products B. Promotional Products C. Backlog products ***D. Complementary products...

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MGSC 395 Exam 2 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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The max rate of output of a process or system : Capacity Investments in new facilities and equip at the organizational level, and require top mgmt participation and approval bc they are not easily reversed : What do long-term capacity plans involve? How much of a cushion is needed for variable...

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mgsc 395 Exam 2 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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maximum rate of output of a process or a system : capacity capacity planning constraint management : capacity management consists of: long term econonomies/diseconomies of scale capacity timing and sizing strategies systematic approach : capacity planning 2 | P a g e short term TOC iden...

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mgsc 395 Exam 1 | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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The systematic design, direction, and control of processes that transforms inputs into serves and products for internal, as well as external, customers : Operations management any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs f...

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MGSC 395 Practice Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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$12.49

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 2 | P a g e Which of the following events from the twentieth century defines t...

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