Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
12th Edition
ISBN: 9780134741062
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
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Question
Chapter 14, Problem 5DQ
Summary Introduction
Interpretation: The implications of the concepts learned in Lean Systems on the supply chain integration are to be determined.
Concept Introduction: Using the shared information management systems, close alignment and coordination brought in within the supply chain are called the Supply Chain Integration.
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Students have asked these similar questions
What is the difference between a lean and an agile supply chain? Under what circumstances is each an appropriate supply chain approach to pursue?
Please cite source
Are the following statements true or false? Explain why.
а)
chieving an effective supply chain requires integration of all aspects of the supply chain.
Important aspects include effective communication, number of suppliers, and performance metrics.
b)
In the lean approach, inventories are reduced gradually, instead of eliminating inventories as
rapidly as possible.
c)
A benefit of small lot sizes in lean systems is that each product is produced less frequently.
d)
Preventive maintenance is additional maintenance done immediately after a breakdown has
occurred to help prevent any further breakdowns.
Supply Chains are made up of people, processes, and technologies. All three components need to improve overtime for a supply chain to remain competitive What is the focus of "Lean an approach to process improvement?
a. Reduce Waste
b. Reduce variability
c. Relieve Bottlenecks
d. Reduce steps in the production process
Chapter 14 Solutions
Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
Ch. 14 - Prob. 1DQCh. 14 - Prob. 2DQCh. 14 - Prob. 3DQCh. 14 - Prob. 4DQCh. 14 - Prob. 5DQCh. 14 - Prob. 1PCh. 14 - Eight Flags operates several amusement parks in...Ch. 14 - Prob. 3PCh. 14 - Beagle Clothiers uses a weighted score for the...Ch. 14 - Prob. 5P
Ch. 14 - Prob. 6PCh. 14 - Prob. 7PCh. 14 - Prob. 8PCh. 14 - Prob. 9PCh. 14 - Prob. 10PCh. 14 - Acadia Logistics anticipates that it will need...Ch. 14 - Prob. 12PCh. 14 - Prob. 13PCh. 14 - Prob. 1VCCh. 14 - Prob. 2VCCh. 14 - Prob. 3VCCh. 14 - Prob. 4VCCh. 14 - Prob. 1CCh. 14 - Prob. 2CCh. 14 - Prob. 3C
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Similar questions
- How can lean supply chain management be used to support the return of customers to shopping malls?arrow_forwardExplain when putting in place a lean supply system what changes typically occur in the ordering and transportation system between buyer and seller?arrow_forwardWhat is Lean Logistics, and how is Lean Logistics important in the field of supply chain. what are those key areas in Lean Logistics that could be captured while carrying out research work on that? And finally how can Lean Logistics carry out all its planning when it comes to supply Chain Management?arrow_forward
- What Is the Lean Approach to Managing a Supply Chain?arrow_forwardWhat are some factors impacting operations of a supply chain, and which make operations efficient or hinder operations? Discuss lean management, ERP, and Six Sigma as tools for implementation and control of supply chains. What are the benefits for using these tools?arrow_forwardDefine lean supply chain by Seven Steps for Building Lean Supply Chains: 1) Develop Systems Thinking 2)Understand Customer Value 3)Value Stream Mapping 4)Benchmark Best Practices 5)Design to Manage Demand Volatility 6)Create Flow 7)Performance Metricsarrow_forward
- Agility of suppliers play no role in creating responsive supply chains . Select one a False b Truearrow_forwardAppreciate the challenges of creating a lean supply chainarrow_forwardAfter you have finished setting up the supplier records for Hi-Fi Way, Isabella asks you to perform the following steps in MYOB and then identify the tab that is part of the window that appears after those steps have been completed: From the main menu bar, click Setup and select Easy Setup Assistant. In the Easy Setup Assistant window that appears, click the Purchases icon to open the Purchases Easy Setup Assistant. From the list of options provided on the left side of the Purchases Easy Setup Assistant, click Supplier Cards. In the 'Build your supplier list' window that appears within the Purchases Easy Setup Assistant, click the New button. Select the tab that is part of the window that appears after the above steps are performed: Selling Details Bank Account Number Card ID Buying Detailsarrow_forward
- How can the lean principle be applied to supply chain management?arrow_forwardPlease Answer all parts of the questions. Assuming that you are a supply chain manager of a local electric bike shop. In the past 5 years, you monitor the sales and inventory level every week and order electric bikes from suppliers. se EOQ and Continuous Inventory Review Policy to manage inventories. COVID-19 has affected your community and the number of confirmed cases has been increasing recently. Please analyze which component(s) of EOQ (D, K, or H) will be affected and how COVID-19 will affect the economic order quantity (increase, decrease, or no change) and average inventory level. You need to provide logic for your arguments. Based on the historical data, you found that the demand for an electric bike is 20 units per week and the standard deviation of demand is 3 units. The lead time for an order is normally 4 weeks. In addition, you are expecting a 95% service level. The order cost is $2 per order and the holding cost per unit per week is $5. Based on EOQ theory, what will be…arrow_forwardAfter reading the Chicago Medicine Group publication by Ivey publishing titled "University of chicago medicine: transformation and sustainment of the supply chain and adapting to covid-19, note that critics have used the Covid-a9 pandemic to point out weaknesses in JIT suipply chains and to partially blame those weaknesses for hospitals struggling to get crucial supplies. Considering the advantages and risks of lean supply chains, is the pandemic a reason to regress to previous systems?arrow_forward
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