Opma 317 Study guides, Class notes & Summaries

OPMA 317 QUESTIONS AND ANSWERS GRADED A+ Cycle Time The time between two consecutive customer orders being completed Bottleneck The slowest workstation in the process Bottleneck's Processing Time = ? Cycle time for entire process When should a discount be offered? (Campus Club Cupcakes) When it helps our bottleneck increase output Legal Risks (Campus Club Cupcakes) Food safety, employee safety, taxes Financial Risks (Campus Club Cupcakes) Lose money, customers not picking up or paying Org...

During the SCM Exercise Graph Commonalities - correct answer Fluctuations, amplification, and a time lag between the retailer to the factory Beer Game Average - correct answer Everyone averaged around the same even though some came from different backgrounds yet the players control the game, you can't blame customer demand What caused people to act the way they did during the beer game? - correct answer 1) Lack of communication/cooperation - guessing of the customer demand-->arb...

OPMA 317 Final Exam Review Questions With Answers Rated 100% Correct.

Supply-chain debrief: What caused people to act the way they did? and what did this lead to? (2) - correct answer Lack of communication / cooperation , leading to the guessing of customer demand which led to arbitrary ordering decisions and the result is the bullwhip effect long lead time, could've been even longer if the supplier had no inventory what is the "bullwhip" effect? - correct answer information (orders) going back through the supply chain is distorted and then amplified...

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OPMA 317 FINAL EXAM QUESTIONS AND ANSWERS RATED A During the SCM Exercise Graph Commonalities Fluctuations, amplification, and a time lag between the retailer to the factory Beer Game Average Everyone averaged around the same even though some came from different backgrounds yet the players control the game, you can't blame customer demand What caused people to act the way they did during the beer game? 1) Lack of communication/cooperation - guessing of the customer demand-->arbitrary order...

OPMA 317 FINAL EXAM WITH COMPLETE SOLUTIONS.

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