Can you think of other attributes that might be associated with SUPPLY SCHEDULE?
Q: What is the difference between dependent and independent demand?
A: Demand refers to the desire of the consumer to buy a good or service. It depends on many factors…
Q: Delivery of goods from a supplier is in transit for 10 days. If annual demand is 5200 units, what…
A: The average amount of inventory in transit is given by the following formula I = tA /365 where I =…
Q: 1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products…
A: Option (A) is correct. Option (A) is correct.
Q: Explain the following w.r.t supply chains a) Financial Performance Measurements b) Activity Based…
A: Definitions Financial performance measurements: - In the supply chain when measures are taken or…
Q: Given an aggregate demand for eight periods are expected to be 400, 300, 600, 600, 500, 40 500 and…
A: a) The system capacity as per the hiring/firing strategy is as follows:
Q: Q4. You are planning to shift in your new house very soon. But before shifting you want an…
A: There are a ton of circumstances for which you need to compose a solicitation letter to your EB…
Q: Under what type of demand is yield management most effective?
A: The basic concept of yield management is to maximize revenues by allocating the appropriate type of…
Q: How to calculate the estimated yearly demand?
A: The "economic request quantity" method computes the ideal measure of stock to arrange at a time,…
Q: elivery of goods .
A: Supply management: It bridges the gap between the various stakeholders of the company like different…
Q: REQUIRED: Perform analysis for the Ocobee River Rafting Company to determine which alternative would…
A: Break-even analysis is one of the methods that are commonly and widely used in manufacturing…
Q: supply chain management Demand Distribution Demand Probability 10 0,01 20 0,03 30 0,05 40 0,08 50…
A: given, product price = $500 cost of product =$300 salvage value of unsold items =$250
Q: Define the term Fluctuating Demand?
A: In general terms, demand is all about the ability to pay and the desire to consume a specific…
Q: Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost…
A: Linear regression technique is used for solving questions involving a trend, preferbly
Q: Define POTENTIAL DEMAND?
A: Demand is the quantity of a commodity that a consumer is willing to purchase at each possible price…
Q: Define the term Joint Demand?
A: Because of the forces of demand and supply of a product, goods are purchased or sold at a particular…
Q: Figure shows a partially completed MPS record for 2 inch pneumatic control valves. Suppose that you…
A:
Q: What is a “supply chain,” and how are supply chains related to justin-time inventory procedures?
A: Supply chain is the processes involved in transforming the raw material into the final product. JIT…
Q: Over the past 12 months, Super Toy Mart hasexperienced a demand variance of 10,000 units and has…
A: The bullwhip effect refers to making changes in the supply chain of the organization as compared to…
Q: Define the selection of suppliers?
A: Selection of supplier is the process in which the supplier to acquire the required raw material will…
Q: Mr. Zulhakim being assigned by his manager to develop their production planning for Year 2022. Table…
A:
Q: What to purchase and when to purchase are strategic supply chain decisions. Select one: a. False b.…
A: Strategic decisions are required in warehouses, distribution centers, and determining which…
Q: How to Managing the Supply Chain to Achieve Schedule, Cost, and Quality Goals.
A: The supply chain is defined as a link or connection between the suppliers and the organizations to…
Q: Identify any three supply related options in aggregate planning? Explain each one in detail,…
A: Aggregate planning for your complete supply chain may be a realistic choice if your production…
Q: Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost…
A: a). Month Period(x) Demand(units)(y) xy x2 y2 Jan 1 4,120 4120 1 16974400 Feb 2 4,220 8440…
Q: 2. Aggregate planning has been described as the process of matching supply and demand over a medium…
A: Aggregate planning is the act of creating, assessing, and maintaining a preliminary, estimated…
Q: What are the factors responsible for the shift in quantity demand?
A: Intelligent software is used to evaluate and comprehend current and planned marketing initiatives,…
Q: Mr. Zulhakim being assigned by his manager to develop their production planning for Year 2022. Table…
A: Available to promise: For 1st period = (MPS + Beginning inventory)-(sum of customers order till…
Q: A company's forecast of demand in shown in the following table. Regular production costs $133 per…
A: In the eve aggregate plan, an equal quantity has to be produced per month. Thus, the quantity that…
Q: explain how the analysis would change if office space were in high demand.
A: Risk analysis is the risk evaluation process on the basis of how much project outcomes or objectives…
Q: Suggest how we could set the time between deliveries in a fixed period system.
A: The fixed period system is used for inventory control where the inventory replenishment order is…
Q: Topic: Purchasing Strategy Details: Answer the following question. Q1: How do you think that a…
A: Procurement and Supply Chain Management includes activities such as obtaining raw materials to…
Q: A firm’s cost of goods sold last year was $3,410,000, and the firm operates 52 weeks per year. It…
A: COGS = 3,410,000 52 weeks per year
Q: A firm’s cost of goods sold last year was $3,410,000, and the firm operates 52 weeks per year. It…
A: COGS = $3,410,000 52 weeks per year
Q: a) What is the economic quantity for Ben to order? b) At what inventory level should he place an…
A: Annual Demand (D) = 5000Cost = $ 3Ordering cost (O) = $ 10Holding Cost (H) = 20% of Cost = $…
Q: Corral Cartage leases trucks to service its shipping contracts. Larger trucks have cheaper operating…
A: In the above given case of Corral Cartage the best suited option is payback period method.
Q: Explain Inventory on hand?
A: Inventory on hand refers to all the goods that are produced and stored in warehouse awaiting for…
Q: Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost…
A: Y = 3,676.67 + 192.31(X) In January = 3,676.67 + 192.31(1) = 3,868.98 units In February = 3,676.67…
Q: A firm’s cost of goods sold last year was $3,410,000, and the firm operates 52 weeks per year. It…
A:
Q: Define the Block chain in Supply chain?
A: A block chain is a technology that assists the members of the supply chain in transacting…
Can you think of other attributes that might be associated with SUPPLY SCHEDULE?
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Define POTENTIAL DEMAND?
- Define the term Joint Demand?Demand of Hairdryer from January to July Month Demand January 2800 February 2870 March 2968 April 3000 May 3100 Jun 3150 July 3400 a). Calculate forecast future demand for May, June, July and August by using 3 months simple moving average. b) Determine TWO (2) consequences if the company produce supply more than the customer demand. c) In your opinion, provide ONE (1) perspective you will look into supplier before made a decision to select a supplier.How else would Regal use to boost the management of the supply chain?
- Compilation of at least three trend in quantity food production.Define Dependent Demand?1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above PS: OPTION D INCORRECT 2.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above PS: OPTION B INCORRECT