Mar 3203 exam 1 - Study guides, Class notes & Summaries

MAR 3203 UCF Exam 1 Latest Update Graded A+ *** "Today's forecast equals yesterday's actual demand" is referred as the naive approach. "Next period forecast averages the last 3 months" is referred as a moving average. *** The forecasting time horizon easiest to predict for Short term Quantitative forecasting method? Exponential Smoothing Which forecast error measure is probably the easiest to interpret? MAPE Relative Estimate size (MAPE) Absolute Exact number (MAD &...

MAR 3203 Exam 3 UCF LATEST UPDATE GRADED A+ Prevention cost incurred to prevent or avoid quality problems; design, implementation, maintenance Examples of prevention costs product or service requirements, quality planning, quality assurance, training Appraisal costs associated with measuring and monitoring activities related to quality; suppliers & customers evaluation of purchased materials, processes, products and services Examples of appraisal costs verification, quality aud...

MAR 3203 EXAM 4 UCF, Exam Questions and answers, rated A+ local optimization can do what? Maximizing local profit or minimizing cost in a supply chain is best described as? - -magnify fluctuations (marketing forgets to tell OM something is on sale, surge in demand, may run out) What type of negotiation strategy is based on published, auction, or indexed prices? - -market-based price model A supply chain ends with? starts with? - -a satisfied customer. raw materials What is transferr...

GEB Exam 1 questions and answers 2023According to the College of Business website, the "Business Common Program Prerequisites" includes what classes ACG 2021, ACG 2071, ECO 2013, ECO 2023, & ECO 3401 According to the College of Business website, the "Career Professionalism Series" includes what classes GEB 3006, GEB 3005, GEB 4223, & GEB 4004 According to the College of Business website, the "Primary Core" includes what classes ECO 3411, MAR 3023, MAN 3025, ACG 3173, & FIN...