ID11 What is an information system for identifying and planning the enterprise-wide resources needed to take, make, ship, and account for customer orders? BOM MRP CIM ⒸERP
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- Wk 1-Apply: Strategic Supply Chain Management [due Day 7] Assignment Content You are inducted to the newly setup team of logistics and distributions in your company. You are analyzing the flow of goods from the suppliers to the final customer. You need to prepare a reference document for the team you are planning to build as a part of the setup process of a supply chain. Choose a large global company. Prepare an 875- to 1,050-word paper in which you discuss the following items: -Define supply chain management. Define how supply chain management has evolved over the past 20 years. Describe the primary components of your selected company's supply chain and explain the importance of each component. Discuss how the 3 key supply chain decision phases are used at this company and provide examples. Provide examples of how your selected company has (or does not have) an advantage over its competitors using its supply chain. Analyze the financial impact establishing a supply chain had on your…Required information Skip to question George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units Total Etching Cost 1 9 $ 21 2 12 25 3 13 30 4 9 20 5 11 25 6 18 34 72 $ 155 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y = a + bX.3.May I know the correct option?
- Q18 Describe the type of resources needed for different types of events.May 77.000 Problem 4 (Regression Analysis, Service Company) Bobby Gonzales owns a catering company that prepares banquets and parties for both individual and business functions throughout the year. Gonzales business is seasonal, with a heavy schedule during the summer months and the year-end holidays and a light schedule at other times. During peak periods there are extra costs. One of the major events Gonzales' customers request is a cocktail party. He offers a standard cocktail party and has developed the following cost structure on a per person basis. Food and bevernges Labor (0.5 hour x PIO per hour) Overhead (0.5 hour x P14 per hour) Total costs per person PI5.00 5.00 7.00 P27.00 Gonzales is quite certain about his estimates of the food, beverages, and labor costs but is not as comfortable with the overhead estimate. This estimate was based on the actual data for the past 12 months presented below. These data indicate that overhead costs vary with the direct labor- hours used. The…Q3- Suppose there is a company that does all the work manually and has a particular system in each department. After spending a period of time, they wanted to automate all the company's functions and operations, and they decided to apply the Enterprise Resource Planning (ERP) system to their organization. Why did they determine to use the Enterprise Resource Planning (ERP) system instead of manually working? Answer: Enterprise resource planning is a business suite that enables various organizations to manage the daily activities by integrating the finance, human resource, logistics, marketing, and operations functions as a single system. Enterprise resource planning systems allows various functions to communicate and exchange the information through compiling into a central database thus allowing all the employees a cross departmental visibility. The various advantages associated with the usage of ERP include, Generation of major time and financial savings through providing the…
- a. Meaning of ABC analysis?Case Problem: Specialty Toys You are an inventory specialist for Specialty Toys, Inc. The company sells a variety of new and innovative children's toys. You know that the preholiday season is the best time to introduce a new toy because many families use this time to look for new ideas for December holiday gifts. When the company discovers a new toy with good market potential, it chooses an October market-entry date. For you to get toys in your stores by October, you place one-time orders with manufacturers in June or July of each year. You are aware that demand for children's toys can be highly volatile. If a new toy catches on, a sense of shortage in the marketplace often increases the demand to high levels and large profits can be realized. However, new toys can also flop, leaving the company stuck with high levels of inventory that must be sold at reduced prices. The most important question you face is deciding how many units of a new toy should be purchased to meet anticipated…↓ ← M Gmail UNILUS | E X ChatGPT X YouTube GBS 660_A X Maps GE News C + File C:/Users/nemet/Desktop/UNILUS/2024/GBS%20660_Assignment%20Distance%20January%202024%20(1).pdf Translate GBS 660_Assignment Distance January 2024 (1).pdf Production X Lusaka Times-Zamb... R Browse Map | Rulac Item cost per Unit Setup cost 4 / 4 2 80 6-Hour D X Inventory carrying cost per year Weekly Net Requirement 1 105 3 130 QUESTION 2: The determination of lot sizes in an MRP system is a complicated and difficult problem. Lot sizes are the part quantities issued in the scheduled receipt and planned-order release sections of an MRP schedule. For parts produced in-house, lot sizes are the production quantities of batch sizes. For purchased parts, these are the quantities ordered from the supplier. Consider the following data relevant to an MRP lot-sizing problem: 4 50 Membersh X b Answered: X G The detern X 100% + # $25 $100 20.8% 5 Building a Better Re... 0 6 200 Get involved in hum... 7 125 8 100 Use the…
- Question 2 If Amazon had ships to transport cargo, where in the shipping cycle would they take risks and maybe have financial problems? Trough or peak and why ? Full explain this question and text typing work only thanksEnabled: Chapter 3 Linear Program... Saved Help Sa In a transportation problem with 3 sources and 8 destinations, how many shipping lanes will exist? Shipping lanes Ne >Subject: Logistic management Q): What are the ways to reduce inventory levels, explain with examples?