Capsim Simulation Test UPDATED Exam Questions and CORRECT Answers
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Course
Capsim Simulation
Institution
Capsim Simulation
Capsim Simulation Test UPDATED Exam
Questions and CORRECT Answers
If you want to add 500,000 units of capacity to an assembly line with an automation rating of
5, how much will it cost? (Hint: $6 for floor space and $4 times automation level. -
CORRECT ANSWER- 13,000,000
Budgeting money to Q...
Capsim Simulation Test UPDATED Exam
Questions and CORRECT Answers
If you want to add 500,000 units of capacity to an assembly line with an automation rating of
5, how much will it cost? (Hint: $6 for floor space and $4 times automation level. -
CORRECT ANSWER- 13,000,000
Budgeting money to Quality initiative will lead to these outcomes except: - CORRECT
ANSWER- increase Labor Costs.
Increasing a product's reliability will result in which of the following changes to production
costs? - CORRECT ANSWER- Higher material cost
Adding one additional unit of capacity costs - CORRECT ANSWER- $6 + ($4 x Automation
Level).
Which customer group or market segment seeks proven products, are indifferent to
technological sophistication, and are price motivated? - CORRECT ANSWER- Low End
customers
What is the most important criteria to a "Low End Segment" customer? - CORRECT
ANSWER- Price
Which of the following is true about the Accounts Receivable Lag and its implications on
demand? - CORRECT ANSWER- At 60 days, demand is 98.5%
An increase in promotional budgets have: - CORRECT ANSWER- decreasing returns over
time.
If your short-term interest rate is 12.1%, then your bond rate is: - CORRECT ANSWER-
13.5%.
When a segment's product demand outstrips supply, - CORRECT ANSWER- both a and c are
true.
, What is the starting awareness percentage of a new product? - CORRECT ANSWER- 50%
If you purchase production capacity and automation: - CORRECT ANSWER- it is available
in the next year.
What are the three effects of an increase in Automation? - CORRECT ANSWER- a, c, d
How much does it cost for MTBF per 1,000 hours of reliability? - CORRECT ANSWER- a,
c, d
When a segment's product demand outstrips supply, - CORRECT ANSWER- both a and c are
true.
Emergency loans are made at what rate over the normal Current Debt interest rate? -
CORRECT ANSWER- 7.5%
Teams can produce up to ______ products. - CORRECT ANSWER- 8
Customers go through a two-stage buying process: The Rough Cut and the Fine Cut. In the
Rough Cut, buyers focus on four product characteristics. Which one of the following is NOT
one of these four product characteristics - CORRECT ANSWER- quality
In the Capstone® simulation, what are the components of a product's material cost? -
CORRECT ANSWER- Traditional customers
Which customer group or market segment seeks proven products using current technology? -
CORRECT ANSWER- Traditional customers
How is performance scaled? - CORRECT ANSWER- near the center of its circle.
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