MGSC 395- exam 1 Questions With Solutions
competitive priorities critical dimensions that a process of supply chain must possess to
satisfy its internal or external customers, both now and in the future
competitive capabilities the cost, quality, time and flexibility dimensions that process or ...
competitive priorities critical dimensions that a process of supply chain must possess to
satisfy its internal or external customers, both now and in the future
competitive capabilities the cost, quality, time and flexibility dimensions that process or
supply chain actually possesses and is able to deliver
business strategy marketing strategy(4 p's), operations strategy (cost, quality, delivery,
flexibility), and financial strategy (inventory, financing, financial management of ongoing
operations)
order winners differentiate from competition- straight line
order qualifier minimum level required- curved line
productivity output/ input
labor productivity output/ employee hours
, MGSC 395- exam 1 Questions With Solutions
multifactor productivity output/ sum of multiple input costs
break even analysis analysis to compare processes by finding the volume at which two
different processes have equal total costs
break even quality the volume at which total revenue equal total costs
sensitivity analysis technique for systematically changing parameters in a model to
determine the effects of such changes
total revenue= total cost
Q volume of customers of units
c unit variable costs
f fixed costs
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