Devry GSCM 206 Full Course Latest

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Devry GSCM 206 Full Course Latest

 

Devry GSCM 206 All Week Discussions Latest

Devry GSCM 206 Week 1 Discussion dq 1& dq 2 latest

dq 1

Operations and Productivity (graded)

What is operations and supply chain management?

What career opportunities would you be interested in pursuing in the field of operations and supply chain management?

dq 2

Operations Strategy in a Global Environment (graded)

How do operations and supply chain processes provide a competitive advantage in the global arena?

How is a firm’s mission related to its strategy?

 

Devry GSCM 206 Week 2 Discussion dq 1& dq 2 latest

dq 1

Forecasting (graded)

How can forecasting improve your operations and supply chain processes?

What are the differences between independent and dependent demand?

dq 2

Design of Goods and Services (graded)

How important are the product design and the voice of the customer?

How important are the product design and the voice of the customer during a new product development?

What is the impact of the product life cycle on managing the supply chain?

 

Devry GSCM 206 Week 3 Discussion dq 1& dq 2 latest

dq 1

Managing Quality (graded)

Identify management’s role in linking operations and supply chain processes with quality improvement. Identify how improving quality can lead to reduced costs.

dq 2

Process Strategy (graded)

Consider the different process strategies and technologies to improve effective and efficient operations. What are the many advantages and disadvantages in using process strategies?

 

Devry GSCM 206 Week 4 Discussion dq 1& dq 2 latest

dq 1

Capacity and Constraint Management (graded)

Describe the concept of capacity and how managing capacity can improve operations and the supply chain flow of goods and services.

dq 2

Location Strategies (graded)

Identify the many factors that affect decisions on location.

Identify the many factors that affect decisions on a firm’s location strategy. Why is it important for a firm to have a location strategy?

 

Devry GSCM 206 Week 5 Discussion dq 1& dq 2 latest

dq 1

Supply Chain Management (graded)

Identify the critical role of effective and efficient supply chains and how operations personnel need to plan, organize, and develop the right strategies and processes.

dq 2

Outsourcing (graded)

When considering a company’s ability to make or buy products or services, what are the risks and benefits of each strategy?

 

Devry GSCM 206 Week 6 Discussion dq 1& dq 2 latest

dq 1

Inventory Management (graded)

Identify the critical role of inventory management for balancing the investment costs with customer service.

Identify and describe the four types of inventory.

dq 2

Materials Requirements Planning and ERP (graded)

Consider the planning process and structure for developing a master production schedule (MPS) and materials requirements planning (MRP). Identify the advances and integration effects of ERP.

 

Devry GSCM 206 Week 7 Discussion dq 1& dq 2 latest

dq 1

JIT (graded)

Identify the approaches and methods of continuous improvement and force problem solving.

dq 2

Lean Operations (graded)

What are the three basic principles of lean systems, and how do they support each other in achieving lean-system goals?

 

Devry GSCM 206 All Week Case Study latest

Devry GSCM 206 Week 1 Case Study latest

CASE STUDY

Case Study: Hard Rock Café’s Global Strategy (p. 53 and Pearson Video Library) Case Study Questions

  1. Identify the strategy changes that have taken place at Hard Rock Café since its founding in 1971.
  2. As Hard Rock Café has changed its strategy, how has its responses to some of the 10 decisions of OM changed?

Each Case Study paper is to consist of the following components.

  1. Title page and two written pages have less than 500 words.
  2. Answers to Individual Questions (as assigned): Each assignment will have specific questions you need to address. You should create a sub-headed section for each one.
  3. References or Appendix (if required): These are not research papers per se, so you may not have the need to cite outside sources. If you do, however, they should be identified on a proper reference page. Similarly, if you are required to do calculations and choose to perform them on a separate page or pages, you should include them in an Appendix.

Devry GSCM 206 Week 2 Case Study latest

CASE STUDY

Select one of the following cases.

  1. Case Study: Forecasting at Hard Rock Café (p. 150 and Pearson Video Library)
  2. Case Study: Product Design at Regal Marine (p. 183 and Pearson Video Library)

Case Study 1 Questions

  1. Describe three different forecasting applications at Hard Rock. Name three other areas in which you think Hard Rock could use forecasting models.
  2. What is the role of POS system in forecasting at Hard Rock?
  3. Name several other variables besides those mentioned in the case that could be used as good predictors of daily sales in each café.

Case Study 2 Questions

  1. How does the concept of product life cycle apply to Regal Marine products?
  2. What strategy does Regal use to stay competitive?
  3. What are the likely benefits of the CAD technology?

Each Case Study paper is to consist of the following components:

  1. Title page and two written pages with no more than 500 words.
  2. Answers to individual questions (as assigned) Each assignment will have specific questions you need to address. You should create a subheaded section for each one.
  3. References/Appendix (if required) These are not research papers per se, so you may not have the need to cite outside sources.If you do, however, they should be identified on a proper reference page. Similarly, if you are required to do calculations and choose to perform them on a separate page, you should include them in an appendix.

Devry GSCM 206 Week 3 Case Study latest

CASE STUDY

Select one of the following cases.

  1. Quality at Ritz-Carlton Hotel Company (p. 232 and Pearson Video Library)
  2. Green Manufacturing and Sustainability at Frito-Lay (p. 202 and Pearson Video Library)

Case Study 1 Questions

  1. In what ways could the Ritz-Carlton monitor its success in achieving quality?
  2. Why might it cost the Ritz-Carlton less to do things right the first time?
  3. What are some nonfinancial measures of customer satisfaction that might be used by the Ritz-Carlton?
  4. How could control charts, Pareto diagrams, and cause-and-effect diagrams be used to identify quality problems at a hotel?
  5. Many companies say that their goal is to provide quality products and services. What actions might you expect from a company that intends quality to be more than a slogan or buzzword?

Case Study 2 Questions

  1. What are the sources of pressure on a firm such as Frito-Lay to reduce its environmental footprint?
  2. Identify the specific techniques that Frito-Lay is using to become a green manufacturer.
  3. Select another company and compare its green policies to those of Frito-Lay.

Each Case Study paper is to consist of the following components:

  1. 1.Title page and two written pages with no more than 500 words.
  2. 2.Answers to individual questions (as assigned) Each assignment will have specific questions you need to address.You should create a subheaded section for each one.
  3. 3.References/Appendix (if required) These are not research papers per se, so you may not have the need to cite outside sources.If you do, however, they should be identified on a proper reference page. Similarly, if you are required to do calculations and choose to perform them on a separate page, you should include them in an appendix.

 

Devry GSCM 206 Week 4 Case Study latest

CASE STUDY

Case Study: Where to Place the Hard Rock Café (pp.351–352 and Pearson Video Library)

Case Study Questions

  1. From Munday’s Standard Market Research checklist, select any other four categories, such as population (A1), hotels (B2), or restaurants/nightclub (D), and provide three subcategories that should be evaluated. (See item C1 [airport] for a guide.)
  2. Why does Hard Rock put such serious effort into its location analysis?
  3. Under what conditions do you think Hard Rock prefers to franchise a café?

Each Case Study paper is to consist of the following components:

  1. Title page and two written pages with no more than 500 words.
  2. Answers to individual questions (as assigned) Each assignment will have specific questions you need to address. You should create a sub-headed section for each one.
  3. References/Appendix (if required) These are not research papers per se, so you may not have the need to cite outside sources.If you do, however, they should be identified on a proper reference page. Similarly, if you are required to do calculations and choose to perform them on a separate page, you should include them in an appendix.

Devry GSCM 206 Week 5 Case Study latest

CASE STUDY

Select one of the following cases.

  1. Case Study 1: Darden’s Global Supply Chains (p. 455 and Pearson Video Library)
  2. Case Study 2: Supply Chain Management at Regal Marine (pp. 455–456 and Pearson Video Library)

Case Study 1 Questions

  1. What are the advantages of each of Darden’s four supply chains?
  2. What are the complications of having four supply chains?
  3. How do Darden’s four supply chains compare to those of other firms, such as Dell or an automobile manufacturer? Why do the differences exist, and how are they addressed?

Case Study 2 Questions

  1. What other techniques might Regal use to improve supply chain management?
  2. What kind of response might members of the supply chain expect from Regal because they’re partnering in the supply chain?
  3. Why is supply chain management important to Regal?

Each Case Study paper is to consist of the following components:

  1. Title page and two written pages with no more than 500 words.
  2. Answers to individual questions (as assigned) Each assignment will have specific questions you need to address. You should create a sub-headed section for each one.
  3. References/Appendix (if required) These are not research papers per se, so you may not have the need to cite outside sources.If you do, however, they should be identified on a proper reference page. Similarly, if you are required to do calculations and choose to perform them on a separate page, you should include them in an appendix.

Devry GSCM 206 Week 6 Case Study latest

CASE STUDY

Select one of the following cases.

  1. 1.Case Study 1: Managing Inventory at Frito-Lay (p.513 and Pearson Video Library)
  2. 2.Case Study 2: Inventory Control at Wheeled Coach (p.513 and Pearson Video Library)
  3. 3.Case Study 3: MRP at Wheeled Coach (p.584 and Pearson Video Library)

Case Study 1 Questions

  1. 1.How does the mix of Frito-Lay inventory differ from those of a machine or cabinet shop (a process-focused facility)?
  2. 2.Why does inventory flow so quickly through a Frito-Lay plant?
  3. 3.Why doesn’t Frito-Lay make all of its 41 products at each of its plants?

Case Study 2 Questions

  1. 1.Explain how Wheeled Coach implemented ABC analysis.
  2. 2.If you were to take over as inventory control manager at Wheeled Coach, what additional policies and techniques would you initiate to ensure accurate inventory records?
  3. 3.How would you go about implementing these suggestions?

Case Study 3 Questions

  1. 1.Why is accurate inventory such an important issue at Wheeled Coach?
  2. 2.Why does Wheeled Coach have excess inventory, and what kind of plan would you suggest for dealing with it?
  3. 3.Be specific in your suggestions for reducing inventory and how to implement them.

Each Case Study paper is to consist of the following components:

  1. 1.Title page and two written pages with no more than 500 words.
  2. 2.Answers to individual questions (as assigned) Each assignment will have specific questions you need to address.You should create a sub-headed section for each one.
  3. 3.References/Appendix (if required) These are not research papers per se, so you may not have the need to cite outside sources.If you do, however, they should be identified on a proper reference page. Similarly, if you are required to do calculations and choose to perform them on a separate page, you should include them in an appendix.

 

Devry GSCM 206 Week 7 Case Study latest

CASE STUDY

JIT at Arnold Palmer Hospital (p. 643 and Pearson Video Library) Case Study Questions

  1. 1.What do you recommend be done when an error is found in a pack as it is opened for an operation?
  2. 2.How might the procedure for custom surgical packs described here be improved?
  3. 3.When discussing JIT in services, the text notes that suppliers, inventory, and scheduling are all used.Provide an example of each of these at Arnold Palmer Hospital.

Each Case Study paper is to consist of the following components:

  1. 1.Title page and two written pages with no more than 500 words.
  2. 2.Answers to individual questions (as assigned) Each assignment will have specific questions you need to address.You should create a sub-headed section for each one.
  3. 3.References/Appendix (if required) These are not research papers per se, so you may not have the need to cite outside sources.If you do, however, they should be identified on a proper reference page. Similarly, if you are required to do calculations and choose to perform them on a separate page, you should include them in an appendix.

 

Devry GSCM 206 All Week Quizes Latest

Devry GSCM 206 Week 1 Quiz latest

devry gscm206 week 1 quiz latest

  1. 1.Question : (TCO 1) What are the five elements in the management process?

Plan, direct, organize, pricing, and supervise

Accounting/finance, marketing, operations, and management

Organize, plan, implement, staff, and lead

All of the above

None of the above

Question 2. Question : (TCO 2) Which of the following has not been a key driver to the globalization of business?

Reduction in cultural barriers

Technology

Improved political stability

Reliable shipping

All of the above

Question 3. Question : (TCO 1) Which one the following is not a reason why productivity is difficult to improve in the service sector?

Labor intensive

Focuses on individual attributes

Often an intellectual task

Easy to mechanize and automate

Difficult to evaluate for quality

Question 4. Question : (TCO 4) Gibson Valves produces air valves on a five-person assembly line. If 1,200 valves are produced in an 8-hour shift, what is the labor productivity of the line?

2 valves/labor hour

4 valves/labor hour

30 valves/labor hour

40 valves/labor hour

80 valves/labor hour

Question 5. Question : (TCO 4) The Johnny Body Shop paints many different models of cars. Johnny is currently able to paint 10 cars in 8 hours. If they purchase new automated paint booths, they can increase their painting to 24 cars in 8 hours. If they purchase the new booths, their productivity will increase by _____.

25%

50%

100%

140%

Question 6. Question : (TCO 4) John has a part-time business taking engagement photos. He currently works a total of 5 hours per day to produce 15 group photos. What is his productivity?

One photo per hour

Two photos per hour

Three photos per hour

Four photos per hour

Question 7. Question : (TCO 2) Which of the following is the best example of a pure service?

Counseling

Oil change

Heart transplant

Electric Co-Op

All of the above

Question 8. Question : (TCO 2) The action plan to achieve the existence of any organization is described by its _____.

strategy

mission

policies

SWOT Analysis

Question 9. Question : (TCO 2) Which of the following is not an operations strategy?

Response

Low-cost leadership

Differentiation

Competing on cost

All of the above

Question 10. Question : (TCO 4) According to the authors, what are the three key strategic concepts that allow firms to achieve competitive advantage?

Productivity, efficiency, and quality leadership

Differentiation, cost leadership, and efficient response

Differentiation, cost leadership, and quick response

Distinctive competency, cost leadership, and experience

Devry GSCM 206 Week 2 Quiz latest

devry gscm206 week 2 quiz latest

  1. 1.Question : (TCO 5) What is the forecast for November, based on a weighted moving average applied to the following past-demand data and using the weights 4, 2, and 0 (largest weight is for most recent data)?

May June July Aug. Sept. Oct.

10 8 7 10 12 13

10.3

10.5

12.66

21

Question 2. Question : (TCO 5) Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. In February, the company predicted they would sell 11,000 trinkets. Their sales for February were 9,000 trinkets.Using a smoothing constant of an alpha of 0.2, the sales manager wants to forecast March sales using exponential smoothing. What would it be?

9,000 trinkets

9,800 trinkets

9,500 trinkets

10,600 trinkets

Question 3. Question : (TCO 5) Using a 3-year moving average, forecast the amount for Year 10.

Year Demand

1 74

2 90

3 59

4 91

5 140

6 98

7 120

8 123

9 99

Year 10 = 122.87

Year 10 = 99.98

Year 10 = 110.67

Year 10 = 114

Question 4. Question : (TCO 6) Which of the following helps operations managers focus on the trivial few and the critical many?

Value analysis

Value engineering

Financial analysis

Product-by-value analysis

None of the above

Question 5. Question : (TCO 7) Which of the following moments of truth exemplifies the customer’s standard expectations?

Your advisor made you wait, even though you had an appointment.

You had to visit once to reach your academic advisor.

Your advisor was competent, helpful, and understanding.

Your advisor failed to keep his or her appointment with you.

Question 6. Question : (TCO 5) Forecasts are usually classified by time horizon into three categories. What are they?

Short range, medium short, and long range

Finance and accounting, marketing, and operations

Strategic, tactical, and operational

Exponential smoothing, regression, and time series

Long range, medium range, and short range

Question 7. Question : (TCO 7) Which of the following does not make products more environmentally friendly?

Using less materials

Less recycled materials

Using less energy

Ability to recycle product

All of the above

Question 8. Question : (TCO 7) Reducing costs by using existing or standard components is part of _____.

specialized components on each project

putting each product into a separate group

increasing raw material purchases

the ability to recycle product

group technology

Question 9. Question : (TCO 5) In time series, which of the following cannot be predicted?

Random variations “blips”

Technological trends

Seasonal fluctuations

Regular fluctuations

Large decreases in demand

Question 10. Question : (TCO 6) Which of these statements best describes computer-aided design (CAD)?

It is the interactive use of computers to design a product and prepare engineering documentation.

The use of special computer programs to direct and control manufacturing equipment.

It is the ability to depict objects in three-dimensional form.

It is a visual form of communication in which images substitute for the real thing.

Devry GSCM 206 Week 3 Quiz latest

devry gscm206 week 3 quiz latest

  1. 1.Question : (TCO 3) Customer dissatisfaction, rework, and warranty costs are cost associated with the _____.

quality loss function (QLF)

Pareto chart

cost of quality

process chart

Question 2. Question : (TCO 3) What is described as an ongoing process of unending improvement?

Kaizen

Six sigma

Taguchi

Benchmarking

Poka-yoke

Question 3. Question : (TCO 3) ISO stands for which of the following?

International Organization for Standardization

Internal Organization Standards

International Organization Standards

Internal Organizational Systems

International Organizational Systems

Question 4. Question : (TCO 8) The use of information technology to monitor and control an order process is known as _____.

computer-aided design

vision systems

robots

process control

None of the above

Question 5. Question : (TCO 3) Training and quality improvement programs are examples of _____.

internal costs

external costs

costs of dissatisfaction

prevention costs

societal costs

Question 6. Question : (TCO 3) A fishbone diagram is also known as a _____.

cause and effect diagram

Kanban diagram

Taguchi diagram

process diagram

Question 7. Question : (TCO 8) Which of the following is an example of a repetitive process line?

Automobiles

Personal computers

Glass

All of the above

Question 8. Question : (TCO 8) Strategies for improving productivity in services include _____.

separation, self-check, automation, and scheduling

lean production, strategy-driven investments, automation, and process focus

reduce inventory, reduce waste, reduce inspection, and reduce rework

separation, postponement, automation, and training

Question 9. Question : (TCO 8) Which of the following transformations generally has the highest facility utilization?

Product-focused process

Repetitive process

Process-focused process

Specialized process

All of the above

Question 10. Question : (TCO 8) What is a system using an automated work cell controlled by electronic signals from a common centralized computer facility?

Adaptive control system

Robotics

Fast manufacturing system

Automatic guided vehicle (AGV) system

Flexible manufacturing system

Devry GSCM 206 Week 4 Quiz latest

devry gscm206 week 4 quiz latest

  1. 1.Question : (TCO 8) ABC Motors, Inc.wants to increase capacity by adding another wheel balancer. The fixed costs for the machine are $16,000, and its variable cost is $4.50 per unit. ABC charges $8.50 to balance one wheel, the break-even point for the balancer. What is her break-even point in units?

250 wheels

1,600 wheels

3,000 wheels

4,000 wheels

Question 2. Question : (TCO 9) A full-service restaurant is considering opening a new facility in a specific city. The table below shows its ratings of four factors at each of two potential sites.

Factor Weight Wind City State Line

Affluence of local population .40 25 25

Traffic flow .20 50 20

Parking availability .10 30 40

Growth potential .30 10 30

The score for Wind City is _____ and the score for State Line is _____.

Wind City = 7.00; State Line = 7.25

Wind City = 14; State Line = 14.50

Wind City = 28; State Line = 29

Wind City = 26; State Line = 27

Question 3. Question : (TCO 8) ABC Cleaners’ washing machines have a design capacity of 2,900 pounds a day. Because of scheduled maintenance of their equipment, management feels that only 2,500 pounds of clothes can be washed in a day. Yesterday, three employees were sick and only 2,100 pounds of clothes were washed. What was the utilization of the washing machine yesterday?

25%

75%

72.4%

95%

Question 4. Question : (TCO 8) A bakery has a design capacity to bake 200 loaves of bread a day. However, because of scheduled maintenance of their equipment, management feels that they can bake 100 loaves a day. Yesterday the gas was turned off while the city was repairing a leak and only 22 loaves where baked. What was the efficiency of the ovens yesterday?

5%

7%

10%

22%

Question 5. Question : (TCO 8) Breakeven is the number of units at which

total revenue equals price times quantity.

total revenue equals total cost.

total revenue equals total fixed cost.

total revenue equals total variable cost.

Question 6. Question : (TCO 8) Basic break-even analysis typically assumes that

revenues decrease in direct proportion to the volume of production, and costs increase at a decreasing rate as production volume increases.

costs and revenue are not shown as straight lines.

neither costs nor revenues are made up of fixed and variable portions.

costs decrease in direct proportion to the volume of production, and revenues increase at a decreasing rate as production volume increases because of the need to give quantity discounts.

None of the above

Question 7. Question : (TCO 9) When making a location decision at the region or community level, which of these would be considered?

Government rules, attitudes, stability, and incentives

Location of markets

Air, rail, highway, and waterway systems

Zoning restrictions

None of the above

Question 8. Question : (TCO 9) When making a location decision at the site level, which of these would be considered?

Corporate desires

Land/construction costs

Air, rail, highway, and waterway systems

Attractiveness of region

Location of markets

Question 9. Question : (TCO 9) Evaluating location alternatives by comparing their composite (weighted-average) scores involves

a cost-volume analysis.

a transportation model analysis.

a linear regression analysis.

a crossover analysis.

None of the above

Question 10. Question : (TCO 8) Which of the following is NOT a consideration for a good capacity decision?

Forecast demand accurately

Match technology increments and sales volume

Find the worst operating size (volume)

Build for change

Devry GSCM 206 Week 5 Quiz latest

devry gscm206 week 5 quiz latest

  1. 1.Question : (TCO 3) In the make-or-buy decision, one of the reasons for making is

to control production closely.

to retain technical or management ability.

adequate capacity.

to ensure an adequate supply in terms of quantity.

All of the above

Question 2. Question : (TCO 2) Which of the following best describes vertical integration?

To purchase supplier or a distributor

To develop the ability to produce products which complement the original product

To produce goods or services previously purchased

Both to purchase supplier or a distributor and to produce goods or services previously purchased

Question 3. Question : (TCO 3) Which of the following is a component of negotiation strategies?

Invoice-less bidding

Cost-based price model

Market-based price model

Competitive bidding

Cost-based price model, market-based price model, and competitive bidding

Question 4. Question : (TCO 2) Which of the following is not an advantage of a virtual company?

Speed

Total control over limited aspects of the organization

Specialized management expertise

Increased capital investment

Flexibility

Question 5. Question : (TCO 2) Long-term partnering with a few suppliers is a supply-chain strategy that creates value by allowing suppliers to

become part of a company coalition.

enjoy the economies of scale.

become vertically integrated.

negotiate with many suppliers.

Question 6. Question : (TCO 3) In the make-or-buy decision, which of the following is a reason for making an item?

Management focus on its primary business

To ensure an adequate supply in terms of quantity

Inadequate capacity

Reduce inventory costs

Question 7. Question : (TCO 3) Which of the following statements is most accurate?

Nearly all outsourcing relationships do not last beyond 2 years.

Nearly all U.S. firms that outsourced processes to India have backsourced them.

Approximately half of all outsourcing agreements fail.

Outsourcing is a relatively risk-free activity.

More than 90% of outsourcing agreements succeed.

Question 8. Question : (TCO 3) A manufacturing plant is considering outsourcing its production of tires. There are five risk areas in which the decision will be based. The current plant had scores of 1, 2, 4, 8, 2, and the outsourced plant had scores of 3, 2, 4, 2, 5.What is the current plant’s score if high scores indicate low risk and an unweighted factor method is applied?

14

15

16

17

None of the above

Question 9. Question : (TCO 2) Which of the following is not a concern of the supply chain?

Warehousing and inventory levels

Credit and cash transfers

Suppliers

Distributors and banks

Maintenance scheduling

Question 10. Question : (TCO 2) Keeping a product generic as long as possible before customizing is known as

postponement.

keiretsu.

vendor-managed inventory.

forward integration.

backward integration.

Devry GSCM 206 Week 6 Quiz latest

devry gscm206 week 6 quiz latest

Question 1. Question : (TCO 11) ABC analysis is based upon the principle that

all items in inventory must be monitored very closely.

there are usually a few critical items and many items that are less critical.

an item is critical if its usage is high.

more time should be spent on managing “C” items because there are more of them.

there should be more “B” items than either “A” or “C” items.

Question 2. Question : (TCO 11) Which of the following statements regarding control of service inventories is true?

Service inventory is a fictional concept, because services are intangible.

Service inventory needs no safety stock, because there’s no such thing as a service stockout.

Effective control of all goods leaving the facility is one applicable technique.

Service inventory has carrying costs but no setup costs.

Good personnel selection, training, and discipline are easy.

Question 3. Question : (TCO 11) Among the advantages of cycle counting is that it

makes the annual physical inventory more acceptable to management.

does not require the detailed records necessary when annual physical inventory is used.

does not require highly trained people.

allows more rapid identification of errors and consequent remedial action than is possible with annual physical inventory.

does not need to be performed for less expensive items.

Question 4. Question : (TCO 11) A certain type of computer costs $1,000, and the annual holding cost is 25%. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity?

16

70

110

183

600

Question 5. Question : (TCO 11) The phrase demand related to the demand for other products

describes

a dependent variable.

dependent demand.

recursive demand.

regression analysis.

independent demand.

Question 6. Question : (TCO 10) Effective use of MRP and other dependent demand models does not require which of the following?

Master production schedule

Bill of materials

Inventory availability

Lead times

Cost of individual components

Question 7. Question : (TCO 10) The _____ is (are) the MRP input detailing that end items are to be produced, when they are needed, and in what quantities.

master production schedule

load report

inventory records

assembly time chart

bill of material

Question 8. Question : (TCO 10) A document calls for the production of 50 small garden tractors in week 1; 50 small garden tractors and 100 riding mowers in week 2; 100 riding mowers and 200 garden utility carts in week 3; and 100 riding mowers in week 4. This document is most likely a(n)

net requirements document.

resource requirements profile.

aggregate plan.

master production schedule.

Wagner-Whitin finite capacity document.

Question 9. Question : (TCO 10) Why is low-level coding use in a bill of material (BOM)?

They are planning BOM.

They are phantom BOM.

Identical items does not exist in the BOM.

Identical items exist in the BOM.

Question 10. Question : (TCO 10) The bill of material contains information necessary to

place an order to replenish the item.

calculate quantities on hand and on order.

convert net requirements into higher level gross requirements.

convert gross requirements into net requirements.

convert (explode) net requirements at one level into gross requirements at the next level.

 

Devry GSCM 206 Final Exam Latest

GSCM 206 Final Exam

Multiple Choice Questions

Question 1. 1. (TCO 7) A product’s life cycle is divided into four stages, which are _____. (Points : 10)

introduction, growth, saturation, and maturity

introduction, growth, stability, and decline

introduction, maturity, saturation, and decline

implementation, growth, maturity, and decline

None of the above

Question 2. 2. (TCO 8) Which of the following transformations generally has the lowest facility utilization? (Points : 10)

Process-focused process

Repetitive process

Product-focused process

Continuous process

Question 3. 3. (TCO 1) The basic function(s) of a firm is/are _____. (Points : 10)

marketing

accounting/finance

operations/production

All of the above

Question 4. 4. (TCO 11) The primary objective of supply chain strategy is _____. (Points : 10)

to build a chain of suppliers that focuses on maximizing value to the ultimate customer

to select suppliers primarily on response or differentiation

to reduce production lead time

to increase the number of supplier

None of the above

Question 5. 5. (TCO 2) Which of the following is an example of competing on quick response? (Points : 10)

A firm produces its product with less raw material waste than its competitors.

A firm offers more reliable products than its competitors.

A firm’s products are introduced into the market slower than its competitors.

A firm’s research and development department generates many ideas for new products.

None of the above

Question 6. 6. (TCO 2) Which of the following are the three areas that are significant in improving labor productivity? (Points : 10)

Basic education, diet of labor force, and social overhead

Global competition, cost differentiation, and rapid response products

Accounting, finance, and operations management

Charles Babbage, Fredrick Taylor, and Walter Shewhart

Question 7. 7. (TCO 2) According to the authors, what are the three key strategic concepts that allow firms to achieve their missions? (Points : 10)

Productivity, efficiency, and quality leadership

Differentiation, cost leadership, and quick response

Differentiation, quality leadership, and quick response

Distinctive competency, cost leadership, and experience

Question 8. 8. (TCO 3) Which of the following is NOT a step for developing benchmarks? (Points : 10)

Take action not to surpass the benchmark

Form a benchmark team

Identify benchmarking partners

Collect and analyze benchmarking information

Determine what to benchmark

Question 9. 9. (TCO 3) Which of the following is generally found in most JIT environments? (Points : 10)

High amounts of waste in the form of time and production waste

A great amount of variability

Inventory reduction

Push systems

Question 10. 10. (TCO 6) An engineering drawing _____. (Points : 10)

groups parts into families

shows graphically how the product is assembled

lists the operations, including assembly and inspection, necessary to produce the component with the material specified in the bill of material

provides detailed instructions on how to perform a given task

shows the dimensions, tolerances, materials, and finishes of a component

Calculation Problems

Question 1. 1.(TCO 5) Weekly sales of 10-grain bread at the local Whole Foods Market are in the table below. Based on this data, forecast Week 9 using a 3-week moving average.

Week Sales
1 415
2 389
3 420
4 382
5 410
6 448
7 395
8 425

(Points : 10)

407.3
422.66
380.22
414.8

Question 2. 2.(TCO 5) Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. In February, the company predicted they would sell 10,000 trinkets. Their sales for February were 9,000 trinkets. Using a smoothing constant of an alpha of 0.3, the sales manager wants to forecast March sales using exponential smoothing. (Points : 10)

9,700 trinkets
9,800 trinkets
9,500 trinkets
10,200 trinkets

Question 3. 3.(TCO 8) A product is currently made in a process-focused shop where fixed costs are $12,000 per year and variable cost is $50 per unit.The firm sells the product for $200 per unit. What is the break-even point for this operation? (Points : 10)

20 units
30 units
60 units
80 units

Question 4. 4.(TCO 9) A truck stop is considering opening a new facility on the Interstate. The table below shows its ratings of four factors at each of two potential sites.

Factor Weight Gary Mall Belt Line
Affluence of local population .20 30 30
Traffic Flow .40 50 20
Parking availability .20 40 30
Growth potential .20 10 30

Using the factory rating method, the score for Gary Mall is _____ and the score for Belt Line is ______. (Points : 10)

Gary Mall = 34; Belt Line = 28
Gary Mall = 36; Belt Line = 26
Gary Mall = 22; Belt Line = 33
Gary Mall = 19; Belt Line =24

Question 5. 5.(TCO 4) The Dulac Box plant produces 600 cypress packing boxes in two 8-hour shifts. The use of new technology has enabled them to increase productivity by 30%. Productivity is now approximately _____. (Points : 10)

32.5 boxes/hr
40.6 boxes/hr
48.75 boxes/hr
81.25 boxes/hr
300 boxes/hr

Question 6. 6.(TCO 8) ABC Cleaners washing machines have a design capacity of 2,800 pounds a day. Because of scheduled maintenance of their equipment, management feels that only 2,700 pounds of clothes can be washed in a day. Yesterday three employees were sick and only 2,100 pounds of clothes were washed. What is the efficiency of the washing machine yesterday?(Points : 10)

120%
40%
80.8%
77.77%

Question 7. 7.(TCO 3) A container of ball-bearings valued at $25,000, currently located in Houston, TX, needs to be delivered to the Morton, IL plant.The standard shipment method takes 2 days. However, for an additional charge of $500, the container can be sent overnight. The annual holding cost rate for this type of item has been estimated at 28%. What option is more economical? (Points : 10)
Question 8. 8.(TCO 11) Your company has compiled the following data on the small set of products that comprise the specialty repair parts division.Perform ABC analysis on the data. Which products do you suggest the firm keep the tightest control over? Explain.

SKU Annual Demand Unit Cost
R11 250 $250
S22 75 $90
T33 20 $60
U44 150 $150
V55 100 $75

(Points : 10)

Question 9. 9.(TCO 10) The MPS calls for 120 units of Product M. There are currently 30 of Product M on hand. Each M requires four of Component N.There are 20 units of N on hand.
(a) Calculate the net requirements for M.
(b) Calculate the gross requirements for N.
(c) Calculate the net requirements for N. (Points : 10)
Question 10. 10.(TCO 8) A product is currently made in a process-focused shop where fixed costs are $9,000 per year and variable cost is $50 per unit.The firm is considering a fundamental shift in process to repetitive manufacture. The new process would have fixed costs of $90,000 and variable costs of $5. What is the crossover point for these processes? For what range of outputs is each process appropriate? (Points : 10)

Essay Questions

Question 1. 1. (TCO 7) Explain the concepts of the product life cycle and identify the four phases of the product development cycle.Make sure you define the strategies used in each phase. (Points : 34)

Question 2. 2. (TCO 2) Describe core competencies and their relationship to operations management. Please provide an example for a manufacturing environment and a service environment. (Points : 33)

Question 3. 3. (TCO 3) Explain the linkage and importance of ethics in operations management. Identify three ethical challenges the OM managers have to deal with. (Points : 33)

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Devry GSCM 206 Full Course Latest

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