Principles Of Operations Management
Principles Of Operations Management
11th Edition
ISBN: 9780135173930
Author: RENDER, Barry, HEIZER, Jay, Munson, Chuck
Publisher: Pearson,
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Chapter 11.S, Problem 10DQ
Summary Introduction

To determine: The applications where items can be ranked using “bang/buck” method.

Introduction:

Supply chain management is one of the vital components in a business that impacts business product development. Bull whip effect is caused when the variations in consumer demand makes the firms in the supply chain order more than the estimated value to meet the new rise in demand.

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1. Arranging the physical location for the building, workspace, and equipment is part of: a) engineering design. b) inventory management. c) product layout. d) facility layout. e) assembly line development. 2. To facilitate operations planning, most firms use the features they must possess. a) total quality management b) customization c) standardization d) a product layout e) marketing research 3. has put pressure on supply chain managers to improve speed and balance resources against competitive pressures. a) Inventory control b) Globalization to determine the kinds of goods and services to provide and c) The economic order quantity (EOQ) model d) Computer-assisted design (CAD) e) Total quality management (TQM) 4. In _____, computers can direct machines to adapt to making different versions of similar operations. a) supply chain management b) flexible manufacturing c) computer-assisted manufacturing d) green manufacturing e) just-in-time manufacturing 5. Which of the following…

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