Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

SCM 486

Quick Check - Topic 10

QuestionAnswer
Which of the following is NOT one of the steps in price analysis? - Call your supplier and discuss changes in costs - Convert each to percent of change so that you can compare them - Find a benchmark database - Obtain internal data Call your supplier and discuss changes in costs
Cost Analysis is used to: - Look at the cost of labor - Assess only prices - Practice hardball negotiations with suppliers - Gain insight into individual cost elements that make up a product Gain insight into individual cost elements that make up a product
Manufacturing overhead is calculated as: - A percent of price - A percent of material costs - A percent of total cost - A percent of labor - A component of SGA A percent of labor
Given an increase in manufacturing labor: - Price will potentially increase - Factory cost will increase - Manufacturing overhead will increase - SGA will increase - All of the above All of the above
Which of the following do Total Landed Costs and Total Costs of Ownership both consider? - Price - Transportation - Documentation - All of the above All of the above
Cost Modeling ... ? - Is for senior management use only - Can be used by any functional areas to understand the costs of a product or process. - Is a functional oriented process - Is an individual oriented process Can be used by any functional areas to understand the costs of a product or process.
There are many potential cost drivers. Which of the following should you exclude from your analysis? - People - Material - Experience - Technology - Emotion Emotion
Created by: tgalless
Popular Business sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards