The objectives of scheduling include all of the following except: A. Increased inventories in order to maximize profits. B. The ability to balance conflicting goals. C. Effective use of facilities, labor, and equipment. D. Costs are minimized by reducing waiting times, work-in-process, and other processing costs related to inventories
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The objectives of
A. Increased inventories in order to maximize profits.
B. The ability to balance conflicting goals.
C. Effective use of facilities, labor, and equipment.
D. Costs are minimized by reducing waiting times, work-in-process, and other
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- How Tyler should plan on ordering the flour for his bakery. Based on the attached: How much should Tyler plan on ordering the flour for his bakery? When should Tyler order the flour for his bakery16 Replenishment planning refers to managing the movement of inventory from upstream to downstream locations. Select one: a. False b. Truea. Given the following master schedule, fill in the projected available and availableto promise rows: b. A customer wants an order of 100 in period 4. What can you tell him?c. The customer from part (b) cancels his request, but then says he wants 120 in period 5.What do you tell him now?d. Sales has requested that you add an MPS of 200 in period 9 to cover their needs fora sales promotion. What do you tell them and why?e. What action (if any) should be taken in period 11? Why is it okay to take theaction?
- How is the unit cost of labor calculated when there is beginning work in process inventory? Beginning cost of labor is ignored Current period unit labor cost is applied to beginning units Beginning cost of labor is added to current period labor cost and total is divided by equivalent units of labor Beginning cost of labor is divided by number of beginning units in production to get beginning labor cost per unitMr. Hoi is the manager of a shop that assembles power tools. You have just received an order for 50 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is (given in the picture) Suppose now that capacity to produce part E is limited to a maximum of 100 units per period. Revise the planned-order releases for periods 1 through 4 so that the maximum is not exceeded in any period, keeping in mind an objective of minimizing carrying costs. The quantities need not be equal in every period. Note that the gross requirements for E will remain the same. However, quantities in some of the other rows will change. Determine the new cell values for those rows.S Weatherly Lumber Company processes wood pulp for manufacturing various paper products. The company employs a process costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. This is the company's production schedule for May: Percent Completed Materials Conversion. 100% 50% Work-in-Process Inventory, May 1 Started during May Units to account for Units from beginning Work-in-Process, which were completed and transferred out during May Started and completed during May Work-in-Process Inventory, May 31 Total units accounted for The following cost data are available: Work-in-Process Inventory, May 1 Direct materials Conversion Costs incurred during May Direct materials Conversion $ 38,010 46,568 168,300 275,380 Tons of Pulp 2,000 11,000 13,000 2,000 6,600 4,400 13,000 100% 50% Required: 1. Calculate the equivalent units of direct materials and conversion during May.…
- Find the optimum number of batches (to the nearest whole number) of an item that should be produced annually (in order to minimize cost) if270,000 units are to be made, it costs $4 to store a unit for one year, and it costs $340 to set up the factory to produce each batch 42 batches 40 batches 30 batches 28 batches QUESTION 4Instead of a fixed order number, certain operations use a fixed order length. What are any examples?ecently, Phil Harris, the production control manager at Brunswick, read an article on time-phased requirements planning. He was curious about how this technique might work in scheduling Brunswick's engine assembly operations and decided to prepare an example to illustrate the use of time-phased requirements planning. Phil's first step was to prepare a master schedule for one of the engine types produced by Brunswick: the Model 1000 engine. This schedule indicates the number of units of the Model 1000 engine to be assembled each week during the last 12 weeks and is shown on the next page. Next, Phil decided to simplify his requirements planning example by considering only two of the many components that are needed to complete the assembly of the Model 1000 engine. These two components, the gear box and the input shaft, are shown in the product structure diagram below. Phil noted that the gear box is assembled by the Subassembly Department and subsequently is sent to the main engine…
- In job order costing systems, costs are accumulated and assigned to: a) Departments b) Products or jobs c) Overhead pools d) Fixed assetsWhat is computerized short-term scheduling that overcomes the disadvantage of rule-based systems by providing the user with graphical interactive computing?a) LPT b) FCSc) CSS d) FCFSe) GICMultiple choice questions The basic economic order quantity assumes that: Select one: a. All demand is constant, unknown and independent, without variation b. All demand is constant, known and dependent, with variation c. All demand is not constant, known and independent, without variation d. All demand is constant, known and independent, without variation e. All demand is not constant, unknown and dependent, without variation Question 3 One of success process strategies philosophies is the process foundation, which: Select one: a. Creates the supply chain of organisation to satisfy and enhance competitiveness b. Fulfills process characteristics and strategic match c. Includes subcontractors due to their link to organisational processes d. None of these e. All of these Question 4 The periodic counting system records immediate updates of inventory withdrawals Select one: a. False b. True Question 5…