Exam (elaborations)
CAPSIM QUIZ; QUESTIONS WITH ANSWERS
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CAPSIM QUIZ; QUESTIONS WITH ANSWERS...
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CAPSIM QUIZ; QUESTIONS WITHANSWERS
In the simulation, how many products do you start with? - ANSWER 5
How many goods can you have at most? - ANSWER 8
In CAPSIM, what are reliability ranges called? - MTBF (mean time before failure)
as the answer
MTBF: What is it? - ANSWER Each segment specifies a range of 5,000 hours, or
the amount of time that a product should last before experiencing a fault.
What do consumers ultimately desire? - ANSWER The shift: smaller, quicker
products
What is the purpose of automation? - ANSWER It becomes more affordable the
more you automate. lowers the cost of production.
How much does MTBF cost? - ANSWER For every 1,000 hours of reliability
added, material costs increase by $.30.
What distinguishes the optimal location from the circle's location? - ANSWER
The product's retail limit is indicated by the dashed outer circle. The product is
preferred by clients in the fine inner circle. The location with the most demand is
the optimum location.
The biggest and least significant purchasing criteria historically? - Most Common
Answer: Age
Least: MTBF or reliability
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