Oscm exam - Study guides, Class notes & Summaries

Summary OSCM of what is discussed during the lectures, tutorials what is relevant for the written exam. Note that Lecture 2 and 3 are not complete, I will upload a new one in the coming weeks.

OSCM exam 4 Questions with complete solution OSCM exam 4 Objectives of Inventory Management - correct answer 1. Satisfactory level of customer service - having right goods available in right quantity in right place at right time 2. while keeping inventory costs (ordering and carrying) within reasonable bounds (minimize) Measures of Performance - correct answer Customer Satisfaction keeping cost low management has 2 basic functions concerning inventory - correct answer 1. establis...

OSCM Exam 2 Question and answers 100% correct OSCM Exam 2 Outsourcing - correct answer The use of supply chain partners to provide products or services which specialize in those activities Basic questions asked when planning capacity - correct answer - What kind of capacity is needed - How much is needed to match demand - When is it needed Design capacity - correct answer Maximum output rate or service capacity an operation, process, or facility is designed for Effective capacit...

OSCM Exam 1 Review Question and answers correctly solved OSCM: Exam 1 Review Operations refers to - correct answer internal (inside a company's "four walls") processes. Supply chain refers to - correct answer the external processes to acquire goods and services from suppliers and to distribute the company's products/services to its customers. Supply Chain Management - correct answer As it is understood today, refers to the integrated management of all processes from suppliers thro...

OSCM Exam 1,. Question and answers rated A+ 2024 OSCM Exam 1 Which of the following statements is NOT true regarding supply chain management? - correct answer Supply chain management is a way of viewing operations management. A supply chain is a global network of organizations and activities involved in: - correct answer Designing, transforming, consuming, and disposing of goods and services. While there is overlap between operations management and supply chain management, the two are...

OSCM exam 1 Question and answers already passed OSCM exam 1 What management deserves - correct answer What does management get? quality, cost, innovation, customer service - correct answer list 4 ways any enterprise competes jobs, access to a lot of goods and services, less quality, lost jobs - correct answer list 2 pluses and 2 minuses of globalization cost, transportation routes, jobs, customer service - correct answer list 4 major impacts that recent hurricanes have on transport...

oscm exam 1 review Questions with complete solution oscm exam 1 review A machine has a design capacity of 5,000 and an effective capacity of 4,000 units per year. If the expects output is 3,000 per year, what would be the Utilization? - correct answer 60% Given the precedence table below, a cycle time of 1.0 and using the shortest processing time first heuristic, what is the first task assigned to the 3rd workstation? Task Duration Predecessors a0.2-b0.6ac0.2bd0.4-e0.5df1.0cg1.0e,f ...

oscm exam 3 Question and answers rated A+ 2023/2024 DVD recorders would be an example of independent-demand items. - correct answer true Reorder point models are primarily used for dependent-demand items. - correct answer false Decoupling operations applies to the railroad industry. - correct answer false In the A-B-C approach, C items typically represent about 15 percent of the number of items, but 60 percent of the dollar usage. - correct answer false EOQ inventory models are basi...

OSCM Exam 1 Question and answers already passed 2023/2024 The Transformation Process - correct answer 1. Inputs 2. Outputs 3. The conversion process 4. Controls 5. Value-Added (price of output minus cost of input) What are the four Competitive Dimensions? - correct answer 1. Price 2. Quality 3. Response-Time 4. Variety (Competitive Space) What is the difference between Goods and Services? - correct answer Goods: Tangible, manufacturi

oscm exam 1 Question and answers correctly solved oscm exam 1 When the output is less than the optimal rate of output, the average unit cost will be: - correct answer Higher An advantage of a U-shaped production line is that: - correct answer It is more efficient than a traditional product layout Marketing depends on operations for information regarding: - correct answer Lead time Utilization is defined as the ratio of: - correct answer Actual output to design capacity What is...