Module 2

Module 2

Description:
Turn: 1
Question: What is the main difference between “make-to-order” and “make-to-stock” systems?
Answer: make to stock means you receive the product made and you simply sell. Make to order means you actually assmeble or process materials to be shipped.
Player Bids Submitted Bids Won Contracts Complete % Completed on Time % Satisfied on Quality Total Contract Value Account Balance Net Worth Reputation Score Goal Achieved Answer
ANDREW STRONG 0 0 0 0% 0% $0.00 $9,813.01 $11,913.01 100 No
&P
&F
Turn 2
Name: Module 2 for Week 3 Lecturer: OPS571 July
Description:
Turn: 2
Question: Why would the quality of incoming raw materials be as important as the cost of those materials?
Answer: because it can affect quality of the end result. Sometimes low quality is ok and is cheaper, sometimes it is not.
Player Bids Submitted Bids Won Contracts Complete % Completed on Time % Satisfied on Quality Total Contract Value Account Balance Net Worth Reputation Score Goal Achieved Answer
ANDREW STRONG 0 0 0 0% 0% $0.00 $7,660.58 $10,010.58 100 No
&P
&F
Turn 3
Name: Module 2 for Week 3 Lecturer: OPS571 July
Description:
Turn: 3
Question: What are possible reasons that a firm may choose to carry raw materials in inventory before they are actually required for production?
Answer: in case orders come in with tight timeframe
Player Bids Submitted Bids Won Contracts Complete % Completed on Time % Satisfied on Quality Total Contract Value Account Balance Net Worth Reputation Score Goal Achieved Answer
ANDREW STRONG 0 0 0 0% 0% $0.00 $5,434.00 $7,784.00 100 No
&P
&F
Turn 4
Name: Module 2 for Week 3 Lecturer: OPS571 July
Description:

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