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Purchasing and Supply Management - Course Syllabus | MGMT 4000, Exams of Management Accounting

Material Type: Exam; Professor: Christensen; Class: Purchasing and Supply Mgmt/ONLINE; Subject: Management; University: Dixie State College of Utah; Term: Fall 2008;

Typology: Exams

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Mgmt 4000 Purchasing & Supply Management
Course Syllabus - Fall 2008
Instructor:
Dr. Bill Christensen, C.P.M.
Tel:
435.652.7887
Email:
christenb@dixie.edu
Office Address:
Udvar-Hazy Bldg#362, Dixie State College of Utah, 225 S 700 E, St. George, UT 84770
Text:
World Class Supply Management, Burt, Dobler, and Starling, 7
th
edition
COURSE DESCRIPTION:
This online course in Purchasing & Supply Management (PSM) provides an
exciting, provocative, and insightful learning experience. In practice, PSM
demands analytical skills,
creativity, the ability to communicate and convince others, and general business competence of the
highest order. The application of techniques learned in this course can have profound positive impacts.
After all, the purchasing function of most organizations spends approximately 60 percent of the firm’s
revenue! Good purchasing and supply management greatly improves the firm’s quality, productivity,
profitability, and return on investment. This course is important to all business students because PSM is
the one business function that interacts with every other business function. Careers in PSM offer
responsibility, excitement, the enjoyment of exploring new ideas and products, the stimulation of working
with different personalities, and the challenge of integrating PSM activities with organizational objectives.
Students concentrating in fields such as marketing, operations, finance, and engineering will be greatly
handicapped if they do not understand the PSM function.
COURSE OBJECTIVES:
The objective of this course is to introduce students to the basic issues,
methods, and problems of modern PSM. The continued pressure of international competition makes
effective PSM critical to the success of all organizations. For those students engaged in, or considering
the PSM profession, this course provides a solid foundation for ongoing professional development.
GRADING:
Grades will be based on exams and assignments. All exams and assignments should be
completed and received by the instructor by the due dates listed in the class schedule. There is no grade
penalty for late work, but you must assume the risks and consequences that come with procrastination of
course work (i.e., failing and/or not completing the course).
Final grade computation will be as follows:
Projects (2 projects x 150 points each) = 300 points
Exams (8 exams x 100 points each) = 800 points
TOTAL = 1,100 points
Grades will be assigned according to the following scale. However, the instructor may, at his sole
discretion, uniformly increase all student scores. In no case will the instructor subtract points in order to
curve downward the class average.
A = 93 - 100%
A- = 90 - 92.9%
B+ = 87 - 89.9%
B = 83 - 86.9%
B- = 80 - 82.9%
C+ = 77 - 79.9%
C = 73 - 76.9%
C- = 70 - 72.9%
D+ = 67 - 69.9%
D = 63 - 66.9%
D- = 60 - 62.9%
EXAMS:
All exams must be taken in the DSC testing center unless other arrangements are made in
advance with the instructor. Access to exams is through the class website and requires you to use your
personal logon. Access also requires a proxy (authorized person) to input a password. A limited period of
time is allowed to take each exam (i.e., exams are timed). The time allowed for each exam is set by the
instructor and depends on the length and difficulty of the exam. Students should be well prepared before
taking an exam and should make sure they will not be interrupted while taking the exam. All exams are
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Mgmt 4000 Purchasing & Supply Management

Course Syllabus - Fall 2008

Instructor: Dr. Bill Christensen, C.P.M. Tel: 435.652. Email: christenb@dixie.edu Office Address: Udvar-Hazy Bldg#362, Dixie State College of Utah, 225 S 700 E, St. George, UT 84770 Text: World Class Supply Management, Burt, Dobler, and Starling, 7th^ edition

COURSE DESCRIPTION: This online course in Purchasing & Supply Management (PSM) provides an exciting, provocative, and insightful learning experience. In practice, PSM demands analytical skills, creativity, the ability to communicate and convince others, and general business competence of the highest order. The application of techniques learned in this course can have profound positive impacts. After all, the purchasing function of most organizations spends approximately 60 percent of the firm’s revenue! Good purchasing and supply management greatly improves the firm’s quality, productivity, profitability, and return on investment. This course is important to all business students because PSM is the one business function that interacts with every other business function. Careers in PSM offer responsibility, excitement, the enjoyment of exploring new ideas and products, the stimulation of working with different personalities, and the challenge of integrating PSM activities with organizational objectives. Students concentrating in fields such as marketing, operations, finance, and engineering will be greatly handicapped if they do not understand the PSM function.

COURSE OBJECTIVES: The objective of this course is to introduce students to the basic issues, methods, and problems of modern PSM. The continued pressure of international competition makes effective PSM critical to the success of all organizations. For those students engaged in, or considering the PSM profession, this course provides a solid foundation for ongoing professional development.

GRADING: Grades will be based on exams and assignments. All exams and assignments should be completed and received by the instructor by the due dates listed in the class schedule. There is no grade penalty for late work, but you must assume the risks and consequences that come with procrastination of course work (i.e., failing and/or not completing the course).

Final grade computation will be as follows: Projects (2 projects x 150 points each) = 300 points Exams (8 exams x 100 points each) = 800 points TOTAL = 1,100 points

Grades will be assigned according to the following scale. However, the instructor may, at his sole discretion, uniformly increase all student scores. In no case will the instructor subtract points in order to curve downward the class average.

A = 93 - 100% A- = 90 - 92.9% B+ = 87 - 89.9% B = 83 - 86.9% B- = 80 - 82.9% C+ = 77 - 79.9% C = 73 - 76.9% C- = 70 - 72.9% D+ = 67 - 69.9% D = 63 - 66.9% D- = 60 - 62.9%

EXAMS: All exams must be taken in the DSC testing center unless other arrangements are made in advance with the instructor. Access to exams is through the class website and requires you to use your personal logon. Access also requires a proxy (authorized person) to input a password. A limited period of time is allowed to take each exam (i.e., exams are timed). The time allowed for each exam is set by the instructor and depends on the length and difficulty of the exam. Students should be well prepared before taking an exam and should make sure they will not be interrupted while taking the exam. All exams are

made up of multiple choice and/or true/false questions. You are allowed one 8-1/2 x 11 inch sheet of paper, front and back, of handwritten (NOT TYPED OR PRINTED) notes, which must be turned into the testing center upon completion of each test. You are NOT allowed to access anything on the internet while taking an exam, including the class website (except the exam itself). Any phone calls, email, or other communication during the exam is also prohibited. It must simply be you, your page of personal handwritten notes, and the exam. Copying and/or sharing information on the exam with other students is cheating.

PROJECTS: All students are required to complete two Projects. These assignments require that you report on the actual use (during the semester) of PSM methods/techniques learned in class and from the textbook. The deliverable (i.e., what you turn in to me) will be reports of sufficient size (e.g., 5- pages typed and double-spaced) and scope to: 1) introduce the problem and explain what you did to get ready for the project; 2) a description of how you used methods and techniques from the class to do your project; 3) the final results and how things worked out. These project reports must be printed and turned in as a hard-copy. Email file attachments are NOT ACCEPTABLE. You may work in teams of up to 3 people if you like, although the project size increases accordingly (i.e., 5- pages per person). Examples of methods/techniques you might use for projects include; cost and/or price analysis, planning and conducting a negotiation, participation on a cross-functional sourcing team, analysis of a make/buy decision, a thorough bid analysis, a standardization project, a quality improvement project for a purchased product, an e-Commerce or e-Procurement project, or any other method found in the text or approved by the instructor. In order to insure that your project will be acceptable, it is strongly suggested that you provide me with an outline of your project before you proceed.

CHEATING: Cheating will not be tolerated. Cheating includes all forms of academic dishonesty, including allowing another person to copy your work or telling another student about questions on an exam. A student who is caught cheating will be disciplined according to school policy.

DISABILITY: If you are a student with a medical, psychological, or learning disability and need accommodations, contact Sherri Dial at the Disability Resource Center (652-7516) in the Student Services Center. The Disability Resource Center will determine eligibility of the student requesting special services and determine the appropriate accommodations related to the disability.

REBELMAIL: Important class and college information will be sent to your Rebelmail email account. This information includes your DSC bill, financial aid/scholarship notices, notification of dropped classes, reminders of important dates and events, and other information critical to your success in this class and at DSC. All DSC students are automatically assigned a Rebelmail email account. If you don’t know your user name and password, go to www.dixie.edu and select “Rebelmail,” for complete instructions. You will be held responsible for information sent to your Rebelmail email, so please check it often.

IMPORTANT : CLASS SCHEDULE: This is a self-paced course, meaning that you can proceed faster than the schedule if you like. However, I have set deadlines for the exams to help you progress through the course at a steady pace.

Week Suggested Deadline Activity / Assignment 1 2 Sep 0 3 (Wed) EXAM I (Chapters 1-4) 60 minute time limit / 40 questions 3 4 Sep 1 7 (Wed) EXAM II (Chapters 5-9) 90 minute time limit / 61 questions 5 6 Oct 01 (Wed) EXAM III (Chapters 10-13) 75 minute time limit / 47 questions 7 8 Oct 1 5 (Wed) EXAM IV (Chapters 14-16) 75 minute time limit / 50 questions 8 Oct 15 (Wed) Project #1 DUE DATE 10 Oct 2 9 (Wed) EXAM V (Chapters 17-20) 75 minute time limit / 44 questions 11 12 Nov 1 2 (Wed) EXAM VI (Chapters 21-24) 75 minute time limit / 45 questions 13