Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Being a production managerat a manufacturing firm:
What is meant by“controlling in BPR and ERP”? Describe with a real time example.
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- Production data show 35,920 units were transferred out of a stage of production and 6,150 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5 for material and $8 for conversion. What is the amount of inventory transferred out and remaining in ending work in process inventory? Round to the whole unit and whole dollar, no decimals. Complete the tables below: Equivalent units data Units Materials Conversion Transferred out 35,920 Ending inventory 6,150 Units accounted for, equivalent units Cost data Transferred out $ Ending work in process: materials Ending work in process: conversion Ending work in process: total Costs to account for $ please fill in the information in the grid exactly as providedarrow_forwardProduction data show 35,920 units were transferred out of a stage of production and 6,150 units remained in ending WIP inventory that was 100% complete to material and 35% complete to conversion. The unit material cost is $5 for material and $8 for conversion. What is the amount of inventory transferred out and remaining in ending work in process inventory? Round to the whole unit and whole dollar, no decimals. Complete the tables below: Equivalent units data Units Materials Conversion Transferred out 35,920 Ending inventory 6,150 Units accounted for, equivalent units Cost data Transferred out $ Ending work in process: materials Ending work in process: conversion Ending work in process: total Costs to account for $ please fill in the blank boxesarrow_forward4. FMEA has been used in the manufacturing industry for quite some time. Some critics has been saying this concept is less valuable to system manufacturing compared to component manufacturing. What is your opinion on this issue, provide your argument to support your choice.arrow_forward
- Whenever a Six Sigma project is undertaken, the project team's concentration must be effectively controlled to ensure optimal Six Sigma deployment. (a) Six Sigma project consists of FOUR high-order focal elements. Explain each of the components along with distinctive examples. (b) Operational definitions (ODs), data collection plans, and data collecting forms are all strategies that can aid the Lean Six Sigma (LSS) team in the data collection process. Using relevant examples, describe these processes.arrow_forwardWhat are the basic assumptions of CVP analysis?arrow_forwardWhy does ERM enhance the value of companies that adopt it.arrow_forward
- 3. What is SCM? Write all the components of SCM? Explain in brief about Push vs Pull model with example.arrow_forward2( Stage ____ of the ERP life cycle is similar to the investigation stage of the SDLC.Select one:a. fourb. none of the abovec. twod. threee. onearrow_forwardKid’s World sells outdoor play equipment for children. Oneof its most popular items is a 5-foot by 7-foot wooden sand-box shown below. General assembly instructions follow.Assembly Instructions: The wood pieces for the sand-box are ordered precut and treated. Kid’s World sands thewood, drills several holes in each piece as required for as-sembly, and coats each piece with 2 ounces of water sealer.The sides are then assembled one corner at a time by at-taching a 1-foot wood strip cater-corner between a5-foot and 7-foot side. Four bolts are inserted through thepredrilled holes and secured with nuts. After the left andright corners of the sandbox have been assembled, the twopieces are joined in a similar manner to form the box as-sembly. A triangular-shaped wooden seat is attached toeach corner of the box assembly with four flat-headed nailsfor each seat. The sandbox is now complete.Construct a multilevel bill of material for the sandbox.arrow_forward
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