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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Chapter 6, Problem 4DQ
Summary Introduction
Interpretation: A service component or a process of manufacturing that is identifiable needs to be determined and the current state value stream map portraying the information and material flows of the subject picked needs to be sketched.
Concept Introduction: Value stream mapping is one of the lean techniques related to manufacturing processes. Under this technique, we conduct analysis, make the design and manage the information and materials flow that are required for the making of a product, as required by our customer.
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Students have asked these similar questions
The company you work for has collected the following data from the inventory of products that make up the specialized spare parts division.
SKU
Annual Demand
Cost per unit
D77
19,300
$2.80
R25
7,800
$0.45
T80
27,600
$0.05
L90
425,000
$1.55
W19
20,000
$0.75
Z55
675
$105.00
X33
2,500
$5.00
Perform an ABC analysis of the data.
Based on the results obtained, which element is classified as class A? Explain the factors that could have contributed to your high priority ranking.
Analyzes the implications of the ABC classification system for supply chain management. Explains how it can help optimize: a) inventory levels, b) purchasing strategies and c) resource allocation.
Chobani's equipment runs for 10 hours and must be idle for four hours while being cleaned. Its plants operate day and night, all week long. What are the implications for the company's purchasing, inventory control, scheduling, and quality control functions?
It has been theoretically and empirically generalized that Recency is always the most important factor for classification of customers in RFM analysis.
True
False
Chapter 6 Solutions
Operations Management: Processes and Supply Chains (12th Edition) (What's New in Operations Management)
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