Pma 3 - Study guides, Class notes & Summaries

OPMA 317 – Midterm Latest Update with Verified Solutions Process flow chart a diagram outlining the process from start to finish to compete a target goals, shows precedents, tasks, and time Processing time time to produce an order Throughput time the total timer required to complete a process How does knowing capacity help (3) customer order promising (don't over promise), pricing/profit per unit (need to satisfy a return), inventory supplies (track required raw materials for operation) B...

Biology PMA 3 Latest Update Graded A parts of the brain frontal lobe (control panel), parietal lobe(sensory information), occipital lobe(vision), temporal lobe(hearing),cerebellum(motor movements),.brain stem(control basic body functions) female reproductive system fallopian tube, ovary(circles), cervix,vagina, uterus how does dna replicate DNA molecule unwinds and each strand is a template for complementary base pairing; each daughter helix contains an intact strand from the parent helix and ...

Process flow chart - ️️a diagram outlining the process from start to finish to compete a target goals, shows precedents, tasks, and time Processing time - ️️time to produce an order Throughput time - ️️the total timer required to complete a process How does knowing capacity help (3) - ️️customer order promising (don't over promise), pricing/profit per unit (need to satisfy a return), inventory supplies (track required raw materials for operation) Bottleneck processin...

SPMA 3P17 questions with complete solutions A+graded

Supply-chain debrief: What caused people to act the way they did? and what did this lead to? (2) - ️️Lack of communication / cooperation , leading to the guessing of customer demand which led to arbitrary ordering decisions and the result is the bullwhip effect long lead time, could've been even longer if the supplier had no inventory what is the "bullwhip" effect? - ️️information (orders) going back through the supply chain is distorted and then amplified Supply-chain debri...

During the SCM Exercise Graph Commonalities - ️️Fluctuations, amplification, and a time lag between the retailer to the factory Beer Game Average - ️️Everyone averaged around the same even though some came from different backgrounds yet the players control the game, you can't blame customer demand What caused people to act the way they did during the beer game? - ️️1) Lack of communication/cooperation - guessing of the customer demand-->arbitrary ordering RESULT: BULLWHIP...

SPMA 3P95 Final questions with verified answers

Inventory is defined as the stock of any item or resource used in an organization. - True An inventory system is a set of policies and controls that monitors levels of inventory and determines what levels should be maintained, when stock should be replenished, and how large orders should be. - True One of the basic purposes of inventory analysis in manufacturing and stockkeeping services is to specify when items should be ordered. - True One of the basic purposes of inventory analysis i...

What three aspects are included in the triple bottom line - correct answer Economic Environmental Social (EEC) Supply chain- economic - correct answer -freight/transportation costs -lead times can reduce/increase supply chain uncertainty (inventory levels) supply chain- environmental - correct answer -shorter transportation= reduced carbon footprint -less inventory= less space required (heating, lighting) supply chain- social - correct answer -foreign suppliers vs. loal -...

Purchase vs Product Order Flow - correct answer Upstream vs. Downstream What happens to fluctuations and why? - correct answer Fluctuations are amplified due to a time lag Beer Game: What caused people to act the way they did - correct answer Lack of communication/cooperation and long lead times Bullwhip Effect - correct answer Information going back through the supply chain is distorted and then amplified. Members of the supply chain overreact to changes in demand. How does ...