Scma 331 - Study guides, Class notes & Summaries

SCMA 331 Final Exam All Possible Questions and Answers 100% Verified

SCMA 331 Final Chapter 12 UPDATED Exam Questions and CORRECT Answers According to the global company profile, A's advantage in inventory management comes from its almost fanatical use of economic order quantity and safety stock calculations. - CORRECT ANSWER- False A major challenge in inventory management is to maintain a balance between inventory investment and customer service. - CORRECT ANSWER- True

SCMA 331 FINAL CH 13 UPDATED Exam Questions and CORRECT Answers Plans for new product development generally fall within the scope of aggregate planning. - CORRECT ANSWER- False The aggregate planning process usually includes dispatching of individual jobs. - CORRECT ANSWER- False Frito-Lay uses aggregate planning to match capacity with demand because of the ________ associated with its specialized processes. A) high variable cost and high fixed cost B) high variable cost and low fixe...

SCMA 331 Exam 1 Chap. 1 (Answered) With Complete Verified Solution 100% Some of the operations-related activities of Hard Rock Café include designing meals and analyzing them for ingredient cost and labor requirements. True Because Hard Rock Cafés are themed restaurants, operations managers focus their layout design efforts on attractiveness while paying little attention to efficiency. False All organizations, including service firms such as banks and hospitals, have a production functi...

An activity has an optimistic time of 11 days, a most likely time of 15 days, and a pessimistic time of 23 days. What is its variance? - correct answer 4 The critical path of a network is the__________ - correct answer longest time path through the network. The Beta distribution is used in project management to - correct answer Calculate expected activity times The three phases involved in the management of large projects are: - correct answer Planning, scheduling, and controlli...

SCMA 331- Exam 2 Chap 6 Supplement (Answered) With Complete solution 2023/2024 Some degree of variability is present in almost all processes. True The purpose of process control is to detect when natural causes of variation are present. False A normal distribution is generally described by its two parameters: the mean and the range. False A process is said to be in statistical control when assignable causes are the only sources of variation. False Mistakes stemming from workers' inad...

SCMA 331 Exam 1 Chap. 1 (Answered) With Complete Verified Solution 100% Some of the operations-related activities of Hard Rock Café include designing meals and analyzing them for ingredient cost and labor requirements. True Because Hard Rock Cafés are themed restaurants, operations managers focus their layout design efforts on attractiveness while paying little attention to efficiency. False All organizations, including service firms such as banks and hospitals, have a production functi...

Meeting the needs of the present without compromising the ability of future generations to meet their needs is known as corporate social responsibility - correct answer False Internet-based technologies today allow consumers, communities, public interest groups, and regulators to be well informed about an organizations' performance - correct answer True What does CSR stand for? - correct answer Corporate Social Responsibilities Corporate Social Responsibility involves managerial ...

SCMA 331- Exam 2 Chap 6 Supplement (Answered) With Complete solution 2023/2024 Some degree of variability is present in almost all processes. True The purpose of process control is to detect when natural causes of variation are present. False A normal distribution is generally described by its two parameters: the mean and the range. False A process is said to be in statistical control when assignable causes are the only sources of variation. False Mistakes stemming from workers' inad...

SCMA 331 Exam 1 Chap. 1 (Answered) With Complete Verified Solution 100% Some of the operations-related activities of Hard Rock Café include designing meals and analyzing them for ingredient cost and labor requirements. True Because Hard Rock Cafés are themed restaurants, operations managers focus their layout design efforts on attractiveness while paying little attention to efficiency. False All organizations, including service firms such as banks and hospitals, have a production functi...