Inventory turns - Study guides, Class notes & Summaries

Total Quality Management (TQM) Philosophy - Answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - Answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma - Answer A disciplined, data-driven...

OPM 3000 FINAL EXAM QUESTIONS & ANSWERS 2024/2025 Which kind of firms usually carry raw material inventory? - ANSWERSSuppliers Which kind of firms usually carry raw material inventory? - ANSWERSForecasting future demand Which of the following is an example of finished goods inventory for C&A Bakery? - ANSWERSCupcakes freshly out of the oven Which of the following is an example of raw material inventory for C&A Bakery? - ANSWERSFlour _________ protects a firm against unpredictabl...

Solution Manual for Matching Supply with Demand An Introduction to Operations Management, 5th Edition Cachon. All Chapters A+ The Process View of the Organization Q2.1 Dell The following steps refer directly to Exhibit 2.1. #1: For 2001, we find in Dell’s 10-k: Inventory = $400 (in million) #2: For 2001, we find in Dell’s 10-k: COGS = $26,442 (in million) #3: Inventory 26,442$/ turns 66.105 turns per year 400$ year   #4: Per unit Inventory cost 0.605% per year 40% per ye...

WGU C215 Study Guide – FINAL Latest Updated 2022 Already Passed Total Quality Management (TQM) Philosophy 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sig...

OPM 3000 Prep Final Exam Questions & Answers 2024/2025 If two firms have the same annual inventory turns, they also have the same days-of-supply. - ANSWERSTrue Why: (If two firms have the same annual inventory turns, then they have the same years-of-supply because years-of-supply = 1 / annual inventory turns. If they have the same years-of-supply, then they must have the same days-of-supply as well because Days-of-supply = Years-of-supply × 365.) Product A's annual inventory turns ...

An OT is conducting an evaluation on a client post-CVA. The client present with contralateral hemiplegia, grasp reflex, incontinence, confusion, and apathy. What is the involved artery and the site of the infarct? Select one: a. Posterior cerebral artery (PCA) b. Middle cerebral artery (MCA) c. Internal carotid artery (ICA) d. Anterior cerebral artery (ACA) - correct answer d. Anterior cerebral artery (ACA) A child has recently begun to build with blocks both horizontally and vertical...

Solution Manual for Matching Supply with Demand An Introduction to Operations Management, 5th Edition Cachon. All Chapters A+ The Process View of the Organization Q2.1 Dell The following steps refer directly to Exhibit 2.1. #1: For 2001, we find in Dell’s 10-k: Inventory = $400 (in million) #2: For 2001, we find in Dell’s 10-k: COGS = $26,442 (in million) #3: Inventory 26,442$/ turns 66.105 turns per year 400$ year   #4: Per unit Inventory cost 0.605% per year 40% per year 66.105 per y...

Solution Manual for Matching Supply with Demand An Introduction to Operations Management, 5th Edition Cachon. All Chapters A+ The Process View of the Organization Q2.1 Dell The following steps refer directly to Exhibit 2.1. #1: For 2001, we find in Dell’s 10-k: Inventory = $400 (in million) #2: For 2001, we find in Dell’s 10-k: COGS = $26,442 (in million) #3: Inventory 26,442$/ turns 66.105 turns per year 400$ year   #4: Per unit Inventory cost 0.605% per year 40% per year 66.105 per y...

CPPB Test Questions with Correct Answers Efficiency measures - Answer-The ratio of inputs to outputs or outcomes. Outcomes - Answer-- Assess results of an activity and show whether expected results were achieved. - Must be bench marked against departments and outside organizations. Inputs - Answer-Measures resources used (includes labor, materials, equipment, supplies) Outputs - Answer-Record activity or effort that can be expressed in quantitative or qualitative manner (ex: number o...

MGSC Question and answers rated A+ 2024/2025What is the lifeblood of supply chain? - correct answer Inventory What is the inventory turns formula? - correct answer the annual Cost of Goods Sold / the average annual inventory Example of a company who has annual Cost of Goods Sold of $200,000 and the average annual inventory has been $50,000. - correct answer Inventory turns would be 4 = $200,000 / $50,000 Example of inventory turns: - correct answer Management in the above ex...