Stockout Study guides, Class notes & Summaries
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MGSC 395 Exam 3 Questions With Correct Answers
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forecast - Answer a prediction of future events used for planning purposes 
 
time series - Answer the repeated observations of demand for a service or product in their order of occurrence 
 
time series pattern: horizontal - Answer nearly flat over time 
 
time series pattern: trend - Answer consistently rising or falling 
 
time series pattern: seasonal - Answer varies in a repeatable pattern over seasons 
 
time series pattern: cyclical - Answer less predictable than seasonal, longer cycle th...
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BCOR 2204 Finance Quiz 1 (correct answers)
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financial services correct answers concerned with design and delivery of advice and financial products to individuals, businesses, and governments 
 
managerial finance involves... correct answers tasks such as budgeting, financial forecasting, cash management, and funds procurement 
 
profit maximization as the "goal" of the firm is BAD because... correct answers profit maximization DOES NOT consider risk 
 
Pro-active ethics program is expected to result in... correct answers a positive corp...
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Comp XM Practice Quiz (2023/2024) Already Passed
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Comp XM Practice Quiz (2023/2024) Already Passed 
If your team decides to introduce a new sensor product, when should capacity and automation be purchased? One round prior to product release 
What is a market segment? A group of customers with similar purchasing concerns 
Age and ___________ are the only two positioning criteria that remain constant from year to year reliability 
Which one of the following is NOT one of the four product characteristics that R&D can set? quality 
The promotion bu...
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OSCM Final Question and answers correctly solved
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OSCM Final Question and answers correctly solved OSCM Final 
 
 
If demand is not uniform and constant, then stockout risks can be controlled by: 
a. spreading annual demand over more frequent, but smaller, orders. 
b. adding safety stock. 
c. reducing the reorder point. 
d. raising the selling price to reduce demand. 
e. increasing the EOQ - correct answer adding safety stock. 
 
Building morale and meeting staffing requirements that result in an efficient, responsive operation are easier if ma...
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BA 357 Final--Oregon State (Gary Micheau) Questions and Answers 100% Pass
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BA 357 Final--Oregon State (Gary 
Micheau) Questions and Answers 100% 
 
Pass 
 
3 Levels of Aggregation 1. Services or Products 
2. Workforce 
3. Time 
 
Supply Options 1. Anticipation Inventory 
2. Workforce Adjustment 
3. Workforce Utilization 
4. Part-Time Workers 
5. Subcontractors 
6. Vacation Schedules 
 
Anticipation Inventory Components, materials, or goods kept at hand to meet seasonal 
fluctuations in demand or to meet the shortfall caused by erratic production 
 
Chase Strategy A str...
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INMT 341 Exam 2 2024 with 100% correct answers
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2 questions for "Negotiate Sales Order" - correct answer Can you pay for it? Do I have it? 
 
"Deliver Goods/Services" triggers what two information processes? - correct answer Sale and Invoice 
 
general authorization - correct answer allows you to buy anything within your credit limit 
 
Sales Order - correct answer Customer order that has been credit and inventory checked 
 
When do you close a sales order? - correct answer When you ship the goods and record the bill 
 
What does a sales ...
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Retail Management Exam Study Guide Graded A 2024
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________ is a set of activities and techniques firms employ to efficiently and effectively manage the flow of merchandise from the vendors to the retailer's customers. 
 
Consumer direct fulfillment 
Supply chain management 
Reverse logistics 
Backhaul 
Vendor-managed inventory - Supply chain management 
 
A ________ occurs when an SKU that a customer wants is not available. 
 
rain check 
backhaul 
reorder point 
stockout 
ship verification - stockout 
 
Overall, effective supply chain managem...
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ISQS 3344 - Burns, TTU - Final Exam; Questions & Answers 100% Solved
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ISQS 3344 - Burns, TTU - Final Exam; Questions 
& Answers 100% Solved 
Bob Barker, a store owner in New York City, takes night business classes and is forced to consider 
the economic order quantity (EOQ) model to improve his business. Using the constant demand 
assumption in the EOQ model, what would Bob's average cycle inventory be? Correct 
answer-average cycle inventory = half of the order quantity 
Bright Tots Toys manages its inventories by utilizing a fixed-quantity system. Batteries...
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CIPS L4M7 Whole Life Asset Management Exam Questions And Answers
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CIPS L4M7 Whole Life Asset Management Exam Questions And Answers 
 
 
 
 
Types of Stock 
Opening Stock 
Raw Materials 
Secondary Components 
Work in Progress 
Finished Goods 
Safety/Buffer Stock 
Stockout 
Causes of Obsolescence 
Technical Change 
Cultural Change 
Legislation 
Causes of Redundancy 
Poor Forecasting if Demand 
Cancelled Orders due to Poor Relationship 
Overstocking/Poor Stock Control 
Change to Internal Policy 
Triple Bottom Line 
People 
Profit 
Planet 
Inventory Code Types 
N...
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TRL2604-Integrated Logistics Oct-Nov 2022 Exam Q & A.
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TRL2604-Integrated Logistics Oct-Nov 2022 Exam Q & A. 
SECTION A 
QUESTION 1 
1.1 Define Logistics Management (5 marks) 
Logistics management is the administration of supply chain management functions 
that assists firms in planning, managing, and implementing systems for moving 
and storing commodities. 
Inbound and outbound transportation management, fleet management, 
warehousing, materials handling, order fulfilment, logistics network design, 
inventory control, supply and demand planning, a...
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