How does shortage and overage in inventory affect the profitability of the business organization
Q: What is the relationship between the design of a manufacturing process and the firm's strategic comp...
A: Businesses, either manufacturing goods or providing services need to be competitive to market their ...
Q: Assuming actual product demand were 1,500; 1540; 1,520; 1,550; and 1,560 for Weeks 1, 2, 3, 4, and 5...
A: Error represents the deviations in the forecasted values in comparison to actual value. %error= [(a...
Q: 3.4-17. Joyce and Marvin run a day care for preschoolers. They are trying to decide what to feed the...
A: Consider the provided details to solve the subparts. Below are the following decision variables repr...
Q: Which of the following are potential advantages of alternative dispute resolution? I. Possible to p...
A: Alternative dispute resolution often called ADR is nothing but the process of settling or resolving ...
Q: Determine whether project management software can assist you in keeping a tighter grip on project ex...
A: Project management software is the system that helps manager to control project cost and schedule.
Q: Use the following information for questions 34 through 39. A $100 million portfolio consists of 35 m...
A: A Small Introduction about Management Management is the fulfillment of authoritative objectives in ...
Q: What are the advantages and disadvantages of using robots in manufacturing? What will happen if robo...
A: The bulk of robots are presently used in manufacturing processes, and they are used in three differe...
Q: 3.4-17. Joyce and Marvin run a day care for preschoolers. They are trying to decide what to feed the...
A: Joyce and Marvin need to select different food items that would minimize the total cost while meetin...
Q: 1. What do you think are the limitations of the Outline/Operations Process Chart? Would you suggest ...
A: A Small Introduction about Process Chart A flowchart is a visual representation of a computation. I...
Q: What are the main objectives of Preventive Maintenance? Describe the basicapproach of the Preventive...
A: Preventive maintenance often called PM can be stated as the regular and routing alimentation or upke...
Q: derstanding, what is the difference between procurement logistics and production
A: A Small Introduction about Logistics Logistics is a significant component of an effective store n...
Q: 3.4-14. The Metalco Company desires to blend a new alloy of 40 percent tin, 35 percent zinc, and 25 ...
A: Suppose that the proportion of alloy 1 be represented by , the proportion of alloy 2 be represented ...
Q: Dolls are fabricated in a process with two resources. The first resource has a capacity of 1.5 dolls...
A: Direct labor is productive labor that is allocated to a specific product, cost center, or work order...
Q: :Kennametal CIO complains that they “paid maintenance for nothing.” Who do you think is responsible ...
A: Kennametal is one of the top American suppliers of industrial materials which was fou...
Q: Help! Please show complete and explicit solution with step by step explanation thankyou! Note: the ...
A: Heat loss is defined as the decrease of heat existing in space from heat transfer through walls, ro...
Q: corrugated carton number of units profit 6 4 0 ...
A: Given- Excel formulation-
Q: q. 15 Calculate the accuracy of your MA forecasts using MAD. What does the result tell you? Gro...
A: Given-
Q: 15. A study reveals that a group of three semi automatic machines assigned to one operator operated ...
A: From the given question, the following information can be derived. 1. Operator service time is at an...
Q: Using a Gantt chart, plot the calendar of assignments for a course that you are taking this semester...
A: Here, we would prepare a sample Gantt chart, during the semester time, we would take a course, for t...
Q: Can someone help me on my homework. What are the uses of appendices? minimum if 400 words ty!
A: An appendix provides comprehensive understanding of the research problem and it constitute she supp...
Q: A tire store orders its stock for a popular winter tire once every year. The cost of a tire for the ...
A:
Q: Explain how an aggregate production plan is made.
A: Aggregate production planning - is reasonable for operation management. It is linked with the persev...
Q: In the research analysis, what do the scope and delimitations provide?
A: Research methodology is nothing but the particular method or course of actions or techniques used to...
Q: What is a Lean producer?
A: The lean system is the system in which different lean principles and techniques are used to plan and...
Q: race winner was awarded3 bonus points. But, the maximum number of points a driver could earn in any ...
A:
Q: What are systems or solutions selling? How can an organization be successful in this area of sales? ...
A: A Small Introduction about Sales Management Sales management is the most common way of getting so...
Q: ’s general external environment
A: The external environment is comprised of variables that exist outside of the firm and have an impact...
Q: Discuss the similarities and differences between PDCA and PDSA methods for continuous improvement. W...
A: Continuous improvement is a process or effort that is ongoing to improve the services, products, sys...
Q: America firms usually contract, with subpublishers to cover more than. one country. For example, it ...
A: given,America firms usually contract, with subpublishers to cover more than. one country. For exampl...
Q: Q6. A chemical company is engaged in producing three different products A, B, C. The products are pr...
A: Decision Variable: Suppose-X be the no. of operation days of plant 1Y be the no. of operation days...
Q: Drew list of effictwanes goals that would you use to mecswe lof Ca) a fost food end (6) school of bu...
A: A Small Introduction about Performance Management Performance management is a framework intended ...
Q: (790, 900) for X, Y and Z warehouses, respectively. For each warehouse, number of A product sold per...
A:
Q: Two Indiana state senate candidates must decide which city to visit the day before the November elec...
A: Democrat follows Minimax approach. Min (Max) = Max (Min) Minimax is a decision rule that is used to...
Q: Assume that a system is composed of two independent and identical units in parallel and at least one...
A: The detailed solution is given in Step 2.
Q: What is a test plan, exactly?
A: Test Plan is a document describing the scope, approach, resources, and schedule of intended test act...
Q: What is the best way to handle lingering customers?
A: The ability to really handle customer complaints and issues is vital for your customer administratio...
Q: Normal Crash duration duration Activity A Predecessors Crash cost (days) 10 (days) Normal cost $1,00...
A: Project crashing is the process of reducing total duration based on identifying the additional cost ...
Q: hat is an orientation program? Why is it important?
A: Orientation is somebody recognizing where they are, the way someone is fronting, or the way somebody...
Q:
A: One of the most often used Non-destructive Examination (NDE) procedures in the industry is liquid pe...
Q: Explain the operations function and the nature of the operations manager's job
A: To determine: The operations function and the nature of the operations manger's job. Operations: Whe...
Q: Sunny Park Tailors has been asked to make three differenttypes of wedding suits for separate custome...
A: Since no numeric data was given in the question, I have assumed it on my own. THANKS!
Q: (a) Formulate a linear programming model for this problem. D,I (b) Use the graphical method to solve...
A: Assume: Let x1 be the No. of daily servings of Steak.Let x1 be the No. of daily servings of Potatoes...
Q: nolly screws annually. a. Determine the optimal size of the orders of hex nuts and molly screws, and...
A: Economic order quantity is a company's optimal order quantity that underestimates its total costs li...
Q: What is the difference between tangible and intangible resources? Which do you find to be more valua...
A: An organisation requires different varieties of assets in order to successfully carry out it's produ...
Q: Q. 4 Evaluate the concept of six sigma approach of total quality management. Discuss the benefits an...
A: The six sigma method is a widely used quality management/improvement tool because companies look to ...
Q: Aggregate Planning and Master Scheduling Planners of the company are about to prepare the aggregate ...
A: Find the Aggregate plan below: The required total cost is 51100000 LE.
Q: Woolworths is a member of the Better Cotton Initiative (BCI), a global enterprise which aims to crea...
A: Three type of buyer supplier relationship: Transactional: This type of relation exists when there a...
Q: Describe the relationship between symptoms and problems. Also, describe and explain the three genera...
A: Here, first I would describe the relationship between symptoms and problems, next, I would use examp...
Q: Nagle Electric, Inc., of Lincoln, Nebraska, must replace a robotic Mig welder and is evaluating two ...
A: Given Machine A Fixed cost = $83,000Variable cost = $13 Capacity = 16,000 units
Q: Problem 1 Consider the following simplex tableau. Row z xị r2 13 T4 15 16 17 rs RHS BV 1 0 -5 4 -1 –...
A: Given- Simplex Tableau-
Step by step
Solved in 2 steps
- Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?1. With examples and necessary figures, define the Key Inventory Terms ? 2. Suppose, you are newly appointed as a Sales Manager in Unilever Company and after joining your first assignment is to do the sales forecast for the next quarter. Therefore, explain what would be your approach to do a good sales forecast for the next quarter.11. Provide an example for each type of approach to demand analysis.
- Why Use ABC Analysis and what are their limitation?Q2: A company has seasonal demand, with the forecast for the next 12 months as given below. The current labor force can produce 500 units per month. Each employee can produce 20 units per month, and is paid $2,000 per month. The inventory carrying cost is $50 per unit per period. It costs $100 to hire or layoff an employee. Assume 200 units of initial inventory and we would like to keep the similar level at the end of the year. Month 1 3 4 7 8 9 10 11 12 Demand 660 700 840 700 660 500 600 840 80 900 700 600 Please use level and chase strategy to calculate the total cost of two plans (please show your work).3 Problems seen in the situation of the Company: 1. It does not earn too much but it makes sales enough for maintenance, salaries, income, and savings. 2. Company B makes use of a traditional inventory wherein they manually count their stocks and money. 3. They only have one supplier for liquors. For other supplies which are accessible, they usually buy from the wet market nearby. Proposed Solutions: Solution for no. 1- Digital marketing Solution for no. 2 – Perpetual Inventory System Solution for no. 3 – Supplier Quality Management System Hello, can someone help me? How am I going to create a decomposition diagram for these three solutions?
- Week 5Discussion 1Sustainability is an important ethical and environmental issue in purchasing. Describe one material, product, or service that can contribute to sustainability in a project you have been involved with, or in your current organization. Describe how these decisions enable the organization to avoid violations in terms of environmental issues. Respond to at least two of your classmates’ postings.Discussion 2Personal liability is a serious issue in purchasing and supply management. Provide details from the text or your personal experience where a supply officer or project manager has been held personally liable for conditions of a contract. Comment on how you will proceed in the future to avoid any personal liability for contracts if at all possible. The text provides excellent examples that can be researched starting on page 311. Respond to at least two of your classmates’ postingsI need help with question 6 given and prepare the worksheet for Excel by the data of customers. Also, please explain or provide the steps of how to do those questions in the new worksheet of Excel.Supply/Demand Info Predicted Sales Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost/hour Overtime cost/ton Subcontracting costiton Holding cost ton/month Hiring cost employee Firing cost/employee Beginning Apr May 4,200 531 $20 $32 $25 $10 $3.700 $4.000 Jun 51,500 50.300 61,600 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/ton Regular production tons/employee/month Max regular production (tons/month) Max overtime production (tons/month) Max subcontractor production (tons/month) 3 100 56,700 3,700 6,000 Jul Aug Sep 45,400 56.600 62,800 Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular…