Q: How does an increase in fixed costs effect the optimal levels of production. Does the level of…
A: Fixed Cost - A fixed cost is one that does not fluctuate based on the volume of products and…
Q: snip
A: In the magazine titled "The Top 100 Undergraduate Business Programs" was mentioned that the staff…
Q: Define and indicate the purpose of the following items: e. Refrigeration Temperature Monitoring f.…
A: A Small Introduction about monitoring System A monitoring system is a piece of software that assists…
Q: Explain how the quality and timing of information received from the design consultants would…
A: A quantity conveyor can be referred to as a person who possesses expert knowledge on costs of…
Q: Under each of the 4V s of operational management, explain how the concept can be applied to the…
A: The main characteristics of the operations process are the transformation of resources (inputs) into…
Q: dentify the supply chain process when a customer is going to purchase a furniture (bed set) identify…
A: Supply chain can be defined as the process of involving resources, activities, people, technology…
Q: which four answers can be gained from conducting a financial feasibility study.
A: Financial Feasibility study or analysis refers to a process of considering all the factors which are…
Q: Discuss the importance of identifying and differentiating order qualifiers and order winners?
A: Product features such as reliability of delivery, quality, affordability, and speed of delivery…
Q: Explain the importances of identifying and differentiating order of qualifiers and order winners?
A: The order winner is the product that exceeds the customer's expectations and is considered the best…
Q: An electric hand drill would take 15, 40, 10, 20, 50, and 30 units in the next 6 weeks. The…
A: The MPs record for the production of drill log is as under: Drill Log 1 2 3 4 5 6 Forecast…
Q: Salt & Pepper & Co (Salt & Pepper) is a firm of Chartered Certified Accountants which has seen its…
A: Client acceptance and extension may be the most important action in an audit, Earlier to accepting a…
Q: Consider Bruno who manages an underwriting team in an insurance firm. Recently, the management of…
A: Case in brief: Bruno is the manager of an insurance firm's underwriting team. Bruno's firm's…
Q: What do the expressions order winner and order qualifiers mean? What are common order winner for…
A: An order winner is a characteristic that will win the bid or customer's purchase. Therefore, firms…
Q: snip
A: NGO stands for Non-Governmental Organization is a non-profit organization that functions…
Q: Write the four constraints scope, time, cost, and quality for a poster exhibition by OMBS society in…
A: The four constraints can be associated with a poster exhibition event as well.
Q: Defining and Sequencing activities are taks performed in the following knowledge management area.…
A: Defining the type of task: These are the questions that are asked, while defining a task- What are…
Q: Warehouse: 5. Causes of accidents in a store and some suggestions for avoiding them.
A: Stores refers to the warehouse where the firm keeps the stock of raw materials needed in the…
Q: Identify the flow pattern for a manufacturer of formal shirts. The shirts are manufactured in 540…
A: Process planning is nothing but the preliminary step before the production process or manufacturing,…
Q: PESTEL analysis of H&M
A: Businesses use PESTLE analysis to identify the impact of external factors on their business. It…
Q: The Cookie Monster sells oatmeal cookies for $1.30 per pound and peanut butter cookies for $1.60 per…
A: In the given question, the oatmeal cookies sell at $1.30 per pound and peanut butter cookies sell at…
Q: Let’s say that Glass For Sale, Inc. manufacturers replacement glass for the home remodeling…
A: Linear programming model formulation- Decision Variable: Suppose-F = The no. of windows manufactured…
Q: The Total Manufacturing costs incurred for the month was $620,525. Beginning work in process was…
A: The question is related to cost of goods manufactured in Production management. The Cost of Goods…
Q: Identify and describe the primary, support, and general management processes needed to execute a…
A: Zappos is an American company. They provide online shoes, clothing, accessories, and handbags.…
Q: Outline the steps in the decision-making process that Kent could use to evaluate a resolution to…
A: A small Introduction about Decision making We settle on a choice each time that we accomplish…
Q: relation to the sale of soaps, in real life, what are the possible suppliers of the raw material
A: Supply chain is the most essential part for any company. It needs to build the product in least cost…
Q: When Courtney Tybee prepared a process value analysis for her company, she identified the following…
A: A value-adding activity is an action taken by the company to add more value to the goods or services…
Q: Which of the following are value added activities carried out in warehouses: Select one: a. Breaking…
A: Value-adding is activities that either reduce cost or increase the revenue of a firm or both.
Q: The Sales&Operations (S&OP) process is designed to produce a plan that all departments within the…
A: It is very important to understand where sales and Operations Planning, is a monthly integrated…
Q: Components of an integrated manufacturing system include: Question 17 options: a. material…
A: Integrated manufacturing system involves the whole process of product management from product and…
Q: Paul Williams recently joined XYZ2 Limited as the head of accounting department. Williams spent the…
A: In any processes risks are common and risks are segregated as controlled risks and uncontrolled…
Q: Based on customer benefit packages and value chain for the restaurant business determine the order…
A: Value chain analysis is the primary activity that adds value to the final product and helps in…
Q: What is meant by the terms order qualifiers and order winners?Explain why they are important.
A: In each and every market, customers do purchase decisions supported certain attributes these will be…
Q: Define the following terms:
A: FILL OR KILL ORDER It is an interesting concept which has emerged from order types like buy order or…
Q: Which is not considered to be an OPSCM execution process by any of the most popular models? Select…
A: Activities store network the board (OPSCM) has been intended to computerize and deal with all phases…
Q: Discuss the importances of identifying and differentiating order of qualifiers and order winners?
A: The product that wins the order meets or exceeds the customer's expectations and is often considered…
Q: Discuss the use of forecasting in short and long-term decisions relating to capacity 2. Analyse the…
A: 1) Forecasting would consider a specific technique or method to determine the estimate of future…
Q: Frank’s Contract Bakery measured her 2021 Cost of Goods Sold to be 6516265. Her Average Aggregate…
A: Inventory Days of Supply display the typical time it takes for your business to buy goods and sell…
Q: What would be the impact of a scheduled receipt of 200 units for item B in week 3 (and allother data…
A:
Q: Workshape Manufacturing has two classes of distributors: JIT distributors and non-JIT distributors.…
A: Formula to be used; The activity rate for selling goods = Total activity cost / No. of total sales…
Q: Given the following data, can an order for 20 for delivery in week 4 be accepted?Calculate the ATP…
A: ATP for 1 week = on hand-customer orders = 50-50 = 0 units ATP for 2 week = MPS schedule…
Q: Gap analysis measures the difference between these two factors.
A: If a company wants to be successful, it is very important to analyze its performance. It is…
Q: Consider the supply chain involved when a customer orders a book from Amazon. Identify the push/pull…
A: The push supply chain can be defined as the strategy that involves the decision of the manufacturing…
Q: Passenger miles flown on Northeast Airlines, a commuter firm serving the Boston hub, are shown for…
A: Ans) We will use alpha = 0.2 with initial forecast = 17000 miles or 17 ( in 1000's)
Q: At The Fresh Connection, the supply chain manager, has just chosen to change all of the stock levels…
A: Supply chain management is the management of the transportation of products and services, and it…
4. Identify the Order-winners and Order qualifiers for the following business:
- A mobile manufacturing company
- Car Renting company
Step by step
Solved in 2 steps
- 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?Explain Order qualifiers?
- 1. Inventory management for a tyre company? 2. Process management for a tyre company?d. Steps involved in classification of ABC analysis?Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,240 February 4,340 March 4,040 April 4,440 May 5,040 June 4,740 July 5,340 August 4,940 September 5,440 October 5,740 November 6,335 December 6,030 a. Using linear regression analysis, what would you estimate demand to be for each month next year? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 4 standard errors of estimate for safety. How many additional units should be held to meet this level of confidence? (Do not round intermediate calculations. Round…
- Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,220 February 4,320 March 4,020 April 4,420 May 5,020 June 4,720 July 5,320 August 4,920 September 5,420 October 5,720 November 6,320 December 6,020 Using linear regression analysis, what would you estimate demand to be for each month next year? (Round two decimal places) To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units…4.May I know the correct option?Case Study 4: Inventory Management. I) A Furniture manufacturing company uses 1200 units of an item annually and the cost price is $250 per unit. The ordering costs are $600 per order and holding costs are $4.00 per item per annum. Required: Calculate the economic order quantity. Determine the number of orders per annum. Determine the annual stock holding cost. Determine the annual ordering cost.
- Explain the following in relation to Sourcing a) Spend Analysis b) Demand Management and specifications/SOWa. Meaning of ABC analysis?Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900