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- Quick Response is generally referred to as O a. Quick forecasting of demand O b. Quick Order entry O c. Quick production of goods O d. Quick supplies to RetailerWhich of the following type of inventory can be used to describe the "Cleaning materials" used in an organization A. Work in Process B. Spare parts C. Consumables D. SeasonalNike and Adidas let customers design their own custom shoes on their website, allowing them to choose colors of the different shoe parts. The shoes are made to order, but are not significantly more expensive than regular Nike or Adidas shoes and are shipped to customers quickly. How is this possible? Group of answer choices a) Nike and Adidas have better manufacturing facilities than other shoe companies. b) Nike and Adidas use mass customization to streamline the manufacturing process for customized goods. c) Nike and Adidas can effectively predict customer orders and make the shoes before they are ordered so they are ready to ship. d) Nike and Adidas have all of the possible combinations in stock and can simply ship the shoes that match the customer's choices.
- sustainability issues present in the restaurant order fulfillment process in Exhibit 7.6 to 7.11Scheduling is a key to Supply Chain Management. It pertains to establishing the timing of the use of specific resources of an organization. AS an example manufacturers must schedule production, which means developing schedules for workers, equipment, purchases, maintenance and so on. Give the scheduling components for one University and discuss the in detail each requirement. Which do you feel as a student fall short in the scheduling process and why?In the replenishment area, sales and order forecasts are needed to be performed and shared. Select one: a. True b. False
- The manager of inventory would most likely be found in the __________. a. manufacturing function. b. finance function. c. marketing function. d. information system function.Draw a flow chart depicting the ordering process.Boston Company use a special part in manufacturing of its finished products. The unit cost thisspecial part is $ 35, and details of its manufacturing cost is as follows. The $35 unit productcost of this part is based on average 25,000 number of parts produced each year.An outside supplier has offered to supply the 25,000 parts at a cost of $30 per part. The specialequipment used to manufacture the above part. This equipment can only be used formanufacturing of this part and if not used it has no resale value.The total amount of general factory overhead, which is allocated based on direct labor-hours,would be unaffected by this decision because it is fixed cost..Suggest the management whether to stop producing internally and buy them from theoutside supplier?Description CAD Direct Materials 10Direct Labor 6Variable overheads…
- HELP! Corporation's management keeps track of the time it takes to process orders. During the most recent month, the following average times were recorded per order. Days Wait time 15. 6 Inspection time 0.8 Process time 1.6 Move time 0.7 Queue time 3.9 Required: A. Compute the delivery cycle time in days B. Compute the Percentage of manufacturing cycle time spent on non-value-added activitiesThe revenue cycle is a method of defining and maintaining the processes used for the completion of an accounting process for recording revenue generated from services or products provided by the company, which include the accounting process of tracking and recording transaction from the beginning, normally which starts from receiving an order from the customer or entering in agreement with the customer, delivering an order to customer and end with getting payment from the customer. The figure on the next page describes the different business activities of four departments, including (1) Sales Department, (2) Accounting Department, (3) Warehouse/Shipping, and (4) Mailroom. Required: Based on the below figure, discuss the uncontrolled risks associated with the system as currently configured? And describe the controls that need to be implemented into the system to mitigate the risks in the given scenario.Tuff-Rider, Inc., manufactures touring bikes and mountainbikes in a variety of frame sizes, colors, and component com-binations. Identical bicycles are produced in lots of 100. Theprojected demand, lot size, and time standards are shown inthe following table: Item Touring MountainDemand forecast 5,000 units/year 10,000 units/yearLot size 100 units 100 unitsStandard processing time .25 hour/unit .50 hour/unitStandard setup time 2 hours/lot 3 hours/lot The shop currently works 8 hours a day, 5 days a week,50 weeks a year. It operates five workstations, each producingone bicycle in the time shown in the table. The shop main-tains a 15 percent capacity cushion. How many workstationswill be required next year to meet expected demand withoutusing overtime and without decreasing the firm’s currentcapacity cushion?