Give an example (e.g., managing inventory of tomatoes at a local retreatant) for which: (a) A P-system should be used for inventory management, and justify your answer (i.e., why the P- system is a better choice than the Q-system in your example). (b) A Q-system should be used for inventory management, and justify your answer.

whic ah of the following pertains to an  efficient supply chain?   it deals with innovative products the product life cycle will be short it is worthwhile to invest in good forecasting systems   all of the above

Inventory on a company's balance sheet is Group of answer choices The product available for sale in the business's day-to-day operations Supplies available for sale in the business's day-to-day operations Equipment, furniture, and fixtures of the business All of the above

Hi, I need help determining the answer to this Operations Management problem. Thanks!

Services differ from products because   Cannot be forecast Are subject to labor rates Are dependent on labor They cannot be weighed and usually require interaction with a company

Imagine that you are the chief operations officer (COO) of Amazon.com. You are interested in creating a competitive advantage for your company (compared to other online retailers) in that you wish to be able to provide to your customers faster shipping than you have been able to provide with your existing set of warehouses and fulfillment centers. It has been decided that using overnight shipping on every order (which would, of course, be about as quick as shipping could be) has been eliminated as a possibility due to being prohibitively expensive. Describe what you would recommend as the COO to improve the speed with which Amazon.com customers receive the products that they have ordered. What negative consequences or disadvantages, if any, do you see as a result of your proposed solution?

What is the importtance of forecasting room availability and room revenue for Front Office Managers.

Company XYZ is strictly a service company and does not carry any inventory on its balance sheet. Based on this, which of the ratios below will be of no interest to a financial analyst? Quick Ratio Current Ratio Debt to Equity Ratio Cash Coverage Ratio

Your Corporation manufactures four products that use the same raw material and production machine.  Your Company is experiencing a shortage of pounds of the raw material.  Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, B

The long-term financial forecast plays a crucial part in the company's long-term strategic plan. True or False True False 25 28 étv N 4