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MGSC 395 Exam 3, Precht Complete Questions And Answers 2024

MGSC 395 Exam 2 Questions And Answers With Verified Quiz MGSC 395 Exam 2 Questions And Answers With Verified Quiz

MGSC 395 EXAM 3 Questions And Answers With Verified Solutions MGSC 395 EXAM 3 Questions And Answers With Verified Solutions

Capacity - CORRECT ANSWER-The max rate of output of a process or system What do long-term capacity plans involve? - CORRECT ANSWER-Investments in new facilities and equip at the organizational level, and require top mgmt participation and approval bc they are not easily reversed When choosing a capacity strategy, what do managers need to consider? - CORRECT ANSWER-How much of a cushion is needed for variable demand & should we expand capacity ahead of demand or wait until demand is more c...

demand forecasting is used as the basis for all planning, up and down the organization demand forecasting is one of the critical inputs into business success Financial plans plans for the year(s) – The demand is the basis for the business plan and drives nearly all other categories investment plans Given the business plan and given the projected demand, where do we need to invest? Should we grow the bottleneck? Should we develop new products? Etc. Number of people Based on the deman...

MGSC 395 Exam 1 Ahire Latest Update Graded A+ Operations management The systematic design, direction, and control of processes that transform inputs into services and products for internal, as well as external, customers Process Any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers Operation A group of resources performing all or part of one or more processes Supply chain management The synchronizat...

ABC Analysis - CORRECT ANSWER-The process of dividing SKUs into three classes, according to their dollar usage, so that managers can focus on items that have the highest dollar value. Additive Seasonal Method - CORRECT ANSWER-A method in which seasonal forecasts are generated by adding a constant to the estimate of average demand per season. Aggregation - CORRECT ANSWER-The act of clustering several similar services or products so that forecasts and plans can be made for whole families. ...

Introduction to Sociology Challenge 1 1. Which of the following is the correct pairing? A: Sociology The scientific study of society and the behavior of people in groups 2. Select the true statement about Auguste Comte. A: Comte believed that society is bound by rules and laws, AND he is widely considered to be the father of sociology. 3. The sociological imagination helps us to connect __________. A: personal troubles with public issues Challenge 2 1. Which theoretical approach ident...

Capacity - CORRECT ANSWER-The max rate of output of a process or system What do long-term capacity plans involve? - CORRECT ANSWER-Investments in new facilities and equip at the organizational level, and require top mgmt participation and approval bc they are not easily reversed When choosing a capacity strategy, what do managers need to consider? - CORRECT ANSWER-How much of a cushion is needed for variable demand & should we expand capacity ahead of demand or wait until demand is more c...

demand forecasting is used as the basis for all planning, up and down the organization demand forecasting is one of the critical inputs into business success Financial plans plans for the year(s) – The demand is the basis for the business plan and drives nearly all other categories investment plans Given the business plan and given the projected demand, where do we need to invest? Should we grow the bottleneck? Should we develop new products? Etc. Number of people Based on the deman...