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IDIS 343 Final Review Correctly Answered Questions| UpToDate | Already Graded A+
Carrying Costs: : -Cost for holding the inventory over time -Typically costs range from short term capital to about 40% per year. The average is about 25%/year of the item value in inventory. Primary cost of carrying costs : Money tied up in inventory What are the different costs for carrying costs? : -Money tied up in inventory -Obsolescence -Insurance -Personal Property Taxes -Storages costs Procurement costs: : -Cost of preparing the order -Cost of order transmission -Cost of ...
- Exam (elaborations)
- • 16 pages •
Carrying Costs: : -Cost for holding the inventory over time -Typically costs range from short term capital to about 40% per year. The average is about 25%/year of the item value in inventory. Primary cost of carrying costs : Money tied up in inventory What are the different costs for carrying costs? : -Money tied up in inventory -Obsolescence -Insurance -Personal Property Taxes -Storages costs Procurement costs: : -Cost of preparing the order -Cost of order transmission -Cost of ...
IDIS 343 Exam 2 TAMU Correctly Answered Questions| UpToDate | Already Graded A+
Annual holding cost is calculated based on : Average inventory If EOQ is ordered which of the following is true? : Annual order cost is equal to the annual holding cost The Setup cost (in a production scenario) are analogous _________ costs. : ordering The slope of the total cost curve at EOQ is : zero The three general classes of costs that are important in identifying the EOQ : Purchase cost, ordering cost, holding cost Which of the following is NOT an advantage of a periodic review ...
- Exam (elaborations)
- • 6 pages •
Annual holding cost is calculated based on : Average inventory If EOQ is ordered which of the following is true? : Annual order cost is equal to the annual holding cost The Setup cost (in a production scenario) are analogous _________ costs. : ordering The slope of the total cost curve at EOQ is : zero The three general classes of costs that are important in identifying the EOQ : Purchase cost, ordering cost, holding cost Which of the following is NOT an advantage of a periodic review ...
IDIS 343 Exam 3 Correctly Answered Questions | UpToDate | Already Graded A+
Logistics : The art and science of obtaining, producing and distributing material and product in the proper place and in proper quantities US Business Logistics Costs : USBLC Cost, Speed of Delivery, Flexibility, IT Resources : Transportation is typically decided based on a trade-off of what? Air : Mode of Transportation: -Fast and Reliable -Expensive Air : Mode of Transportation that is good for: 2 | P a g e -Shipping high-value -Lightweight over long distances -Expediting Tru...
- Exam (elaborations)
- • 11 pages •
Logistics : The art and science of obtaining, producing and distributing material and product in the proper place and in proper quantities US Business Logistics Costs : USBLC Cost, Speed of Delivery, Flexibility, IT Resources : Transportation is typically decided based on a trade-off of what? Air : Mode of Transportation: -Fast and Reliable -Expensive Air : Mode of Transportation that is good for: 2 | P a g e -Shipping high-value -Lightweight over long distances -Expediting Tru...
IDIS 340 Correctly Answered Questions| UpToDate | Already Graded A+
Which of the following is (are) the most accurate explanation(s) for what truly drives the economy? : Gross Output (GO) Producers Consumers are not the primary driver of the economy, but Gross Domestic Product is commonly cited as evidence that they are. : True Producers are the primary driver of the economy, and Gross Output clearly demonstrates this fact : True Amazon is an example of : Fulfillment Center Trust is easy to build and hard to destroy. : False The customer is upst...
- Exam (elaborations)
- • 20 pages •
Which of the following is (are) the most accurate explanation(s) for what truly drives the economy? : Gross Output (GO) Producers Consumers are not the primary driver of the economy, but Gross Domestic Product is commonly cited as evidence that they are. : True Producers are the primary driver of the economy, and Gross Output clearly demonstrates this fact : True Amazon is an example of : Fulfillment Center Trust is easy to build and hard to destroy. : False The customer is upst...
IDIS 330 Test 1 Correctly Answered Questions| UpToDate | Already Graded A+
Sales is both : an art and a science ADSC : Attention Discovery Solution Commitment Purpose of Attention Step : get the buyers mind off of what it's on and focused on you Principle of Persuasion : before telling anyone anything, always tell them why they should listen. We need to pique someone's curiosity Purpose of Discovery Step : Looking for problems that we can provide solutions to 2 | P a g e Most overlooked step in Norms opinion : Discovery step In Discovery Step : enc...
- Exam (elaborations)
- • 15 pages •
Sales is both : an art and a science ADSC : Attention Discovery Solution Commitment Purpose of Attention Step : get the buyers mind off of what it's on and focused on you Principle of Persuasion : before telling anyone anything, always tell them why they should listen. We need to pique someone's curiosity Purpose of Discovery Step : Looking for problems that we can provide solutions to 2 | P a g e Most overlooked step in Norms opinion : Discovery step In Discovery Step : enc...
IDIS 330 Exam 1 Correctly Answered Questions | UpToDate | Already Graded A+
Steps of Selling Process : Attention Discovery Solution Commitment Attention : Focus them on you, pique their interest Discovery : Encourage prospects to discuss problems they have Solution : Provide solutions to problems found in discovery. Commitment : Buyer and seller go forward and implement solution Buyer's first business questions 2 | P a g e : What is this about? How can I get rid of this person to get back to my business? Avoid "interested" : Try: Is this at least wo...
- Exam (elaborations)
- • 7 pages •
Steps of Selling Process : Attention Discovery Solution Commitment Attention : Focus them on you, pique their interest Discovery : Encourage prospects to discuss problems they have Solution : Provide solutions to problems found in discovery. Commitment : Buyer and seller go forward and implement solution Buyer's first business questions 2 | P a g e : What is this about? How can I get rid of this person to get back to my business? Avoid "interested" : Try: Is this at least wo...
IDIS 240 Test 2 Evans F2019 Correctly Answered Questions| UpToDate | Already Graded A+
List Price : Listed price of the product. Manufacturers sell from a nationally advertised price. As there is a fluctuation in cost of raw materials or market condition, a discount is offered, but this discount is seldom reflected on the list price. Selling Price : Amount paid by customer that appears on invoice. Selling price = list price - trade discounts Net Price : Customer doesn't pay the full price and a cash discount is announced to pay the bill as soon as possible. Net Pric...
- Exam (elaborations)
- • 18 pages •
List Price : Listed price of the product. Manufacturers sell from a nationally advertised price. As there is a fluctuation in cost of raw materials or market condition, a discount is offered, but this discount is seldom reflected on the list price. Selling Price : Amount paid by customer that appears on invoice. Selling price = list price - trade discounts Net Price : Customer doesn't pay the full price and a cash discount is announced to pay the bill as soon as possible. Net Pric...
IDIS 240 EXAM 1 VESTAL Correctly Answered Questions| UpToDate | Already Graded A+
OEM : Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO : Maintenance Repair Operation - people who fix something with a problem Contractor : Person who provides supplies or service under contract Breaking bulk : Shipping something in individual components 3PL : 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID 2 | P a g e : Radi...
- Exam (elaborations)
- • 25 pages •
OEM : Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO : Maintenance Repair Operation - people who fix something with a problem Contractor : Person who provides supplies or service under contract Breaking bulk : Shipping something in individual components 3PL : 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID 2 | P a g e : Radi...
IDIS 240 Final Exam Review Correctly Answered Questions| UpToDate | Already Graded A+
There are three end users as discusses in Overview of the Industrial Channel. Which of the following is one of those end users? Original Equipment Maintenance Owner of Equipment Manufacturer None of these Owner of Equipment Maintenance Original Equipment Manufacturer : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reynolds Electric, this is an example of ___________ distribution. Exclusive None of these Selective Intens...
- Exam (elaborations)
- • 48 pages •
There are three end users as discusses in Overview of the Industrial Channel. Which of the following is one of those end users? Original Equipment Maintenance Owner of Equipment Manufacturer None of these Owner of Equipment Maintenance Original Equipment Manufacturer : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reynolds Electric, this is an example of ___________ distribution. Exclusive None of these Selective Intens...
IDIS 240 EXAM 2 - EVAN VESTAL - SPRING 2022 Correctly Answered Questions| UpToDate | Already Graded A+
List Price : Nationally Advertised Price Selling Price : List Price - Trade Discounts = COGS + Margin or = COGS + Markup Net Price : Selling price - all allowable discounts (cash discounts), equal to selling price IF NO DISCOUNTS Cost of Goods Sold (COGS) : Cost of Merchandise + Freight charges from Manufacturer Freight Cost 2 | P a g e : The cost of moving an item from where it was manufactured to either the distributor or the customer's location Free On Board (FOB) : - Comm...
- Exam (elaborations)
- • 27 pages •
List Price : Nationally Advertised Price Selling Price : List Price - Trade Discounts = COGS + Margin or = COGS + Markup Net Price : Selling price - all allowable discounts (cash discounts), equal to selling price IF NO DISCOUNTS Cost of Goods Sold (COGS) : Cost of Merchandise + Freight charges from Manufacturer Freight Cost 2 | P a g e : The cost of moving an item from where it was manufactured to either the distributor or the customer's location Free On Board (FOB) : - Comm...
PN VATI ADULT MEDICAL SURGICAL EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+
AAPC CPC FINAL EXAM WITH 100% CORRECT ANSWER (VERIFIED ANSWERS) | LATEST UPDATE | ALREADY GRADED A+
NHA CMAA Practice Exam | Questions & 100% Correct Answers (Verified) | Latest Update | GradeA+
NJ CALA EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+NJ CALA EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+
MARKETING IN THE DIGITAL ERA D373 WGU OA EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+