Kahoot Questions Flashcards
ABC analysis in its simplest form measures:
Valeue=volume x price
Multi attribute models can be used to calculate which offer is the best based
Attributes and weights
Using the compensatory multi-attribute models, tje supplier with the lowest score is the one who wins
True
Ideal point multi attribute model is a model which help us to achive what we belive is the ideal solution
True
To calculate which forecast method hits best
we have to find both lowest and MAD and standard diviation
Say we have an annual need of 1200 units andwe order 12 times a year, then we have an average inventory of
50 units
Formula for ordering cost= Demand during a period/ Order quantity x Price per order
True
Find the inventory (in NOK) we need
Value of the inventory= Average inventory (in items) x price per unit
Optimal order cuantity is where: Ordering cost per unit of time = holding (inventory) costs per unit of time
True
Price per unit in NOK 100, holding rate is 20%, so h-inventory (holding) cost per unit will be
20
The Du Pont model is a schematic way of showing how the company’s total profitability is created. The formula is here:
Profitability = Profit margin x THE ASSETS TUROVER RATE
Operating income= operating Revenue -Operating Costs
True
Assets turnover rate is an indicator of the efficiency with which a company is using its assets to generate..
Revenue
Profit margin is 12; profitability is 24; asset turover rate is
2
Operating revenue is NOK 35 000; Operating income is 8 000 NOK; Operating cost are ..
27 000
