Gscm 520 Final Exam Answers

25. In a science fiction movie, an officer is implementing an experimental process to prevent a catastrophic geologic event affecting a primitive indigenous alien population. A crew of a starship vessel is willing to save him; however, environmental conditions prevent simple extraction. The commander refuses to let the crew extract the officer, proclaiming “the needs of the many outweigh the needs of the few, or in this case, one.” The commander’s conclusion is based on which moral theory?

13. Which of the following characteristics makes it EASIER to measure the quality of a service, relative to that of a product or facilitating good?

1. What was Chem-Med 's rate of sales growth in 2003? What is it forecasted to be in 2004, 2005, and 2006?

Claudio is okay with that because he can fill out the form without help. However, when he gets to the blank that says “Middle Name” he doesn’t know what to do. Claudio doesn’t have a middle name. When he asks a paralegal at the ABC Legal Clinic what to do with this blank, the paralegal

15. How has the company’s stock been performing in the last 5 years? Steadily rising since 1/2009. Declining from 2007 – 2009 as expected due to the recession and the change in demand for construction.

C.Her employing law firm can call the people on the list and offer to represent them.

30. Question : Which of the following would you consider not to be a rangland?

7. (TCO 3) What logic operator could be used to replace the nested selection structure in this

a. Currently the organization expects that their forecast for labor requirements is essentially constant from the previous year. This means the forecast for next year will be taken as given.

uses budgeted fleet hours to allocate variable manufacturing overhead. The following information pertains to the company 's manufacturing overhead data:

The following is the list of MAD statistics for each of the models you have estimated from time-series data:

7. Narragansett’s production is relatively constant throughout the year, but if its sales production were highly seasonal, could the EOQ model still be used? If so, would modifications be required? Explain.

1. In the last five years the growth in sales for the company has been around 10% per annum, except for the 1997, the growth was 18.78%. In the case, nothing is mentioned that company has made any drastic changes in its strategy to grow faster. In such a scenario, projected a consistent growth of 20% per annum for the next 5 years is too optimistic.

* As stated in the guidelines, we also assume that the mean of the demand is equal to the product of the mean of the forecasting error and the forecast itself, and the same for the standard deviation of demand;

b) What is the firm’s forecasted average daily sales for the first three months of operations? For the entire half-year?