Mgsc 395 practice exam - Study guides, Class notes & Summaries

MGSC 395 Exam 1 Review Practice Test. White Tiger Electronics produces CD players using an automated assembly line process. The standard cost of CD players is $143 per unit (labor, $31; materials, $67;and overhead, $45). The sales price is $300 per unit. To achieve a 13 percent multifactor productivity improvement by reducing materials costs only, one needs to reduce the materials cost by __ percent - CORRECT ANSWER 300 / 143 = 2.0979 2.0979*1.13 = 2.370629 300/2.370629= 126.54867 ...

mgsc 395 exam 2 (practice test questions)

mgsc 395 exam 2 (practice test questions) Questions with correct answers

Bottlenecks exist in which type of manufacturing processes? - CORRECT ANSWER-job process, batch process, line process What is the name of the product mix decision method that takes advantage of the principles outlined in the theory of constraints? - CORRECT ANSWER-the traditional method The theory of constraints methods increase the firm's profits more effectively by focusing on what? - CORRECT ANSWER-making materials flow rapidly through the entire system A simple process for matching ...

mgsc 395 exam 2 (practice test questions)

Bottlenecks exist in which type of manufacturing processes? - Answer- job process, batch process, line process What is the name of the product mix decision method that takes advantage of the principles outlined in the theory of constraints? - Answer- the traditional method The theory of constraints methods increase the firm's profits more effectively by focusing on what? - Answer- making materials flow rapidly through the entire system A simple process for matching work elements to wor...

mgsc 395 exam 2 (practice test questions).

Bottlenecks exist in which type of manufacturing​ processes? - Answer job process, batch process, line process What is the name of the product mix decision method that takes advantage of the principles outlined in the theory of​ constraints? - Answer the traditional method The theory of constraints methods increase the​ firm's profits more effectively by focusing on​ what? - Answer making materials flow rapidly through the entire system A simple process for matching work elemen...

A credit card-processing firm would be likely to list the following competitive priorities for its external customers: A. Concurrent engineering B. Mass customization C. Consistent quality D. Postponement - c Which of the following events from the twentieth century defines the history of operations and supply chain management? A. The invention of the assembly line for the Model T car by Henry Ford. B. Alfred Sloan's introduction of strategic planning for achieving product proli...