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ASC, a manufacturer of office equipment, uses MRP to schedule its production. Because of the current recession and the need to cut costs, ASC has targeted inventory as a prime area for cost reduction. However, the company does not want to reduce its customer service level in the process. Demand and inventory data for a two-drawer file cabinet are given in the following table. Complete an MRP matrix for the file cabinet using: (a) L4L, (b) EOQ, and (c) POQ lot sizing. Which lot-sizing rule do you recommend?
Describe the focus and goals of Organizational Behavior (OB). Why is this important to understand? How can this knowledge impact your career?
A manufacturing firm is planning to open a new factory. There are four countries under consideration: USA, Canada, Mexico, and Panama. The table below lists the fixed costs and variable costs for each site. Find the range of production that makes eac..
A mortgage paying 6 percent interest has a present value of $200,194.94 with monthly payments of $1,200 for the next 360 months. If the interest rates increase to 8 percent, what is the value of the mortgage? If interest rates decrease to 4 percent, ..
You are the civil engineering foreman in charge of a 24-person group whose charter is to erect 3,000 tents for refugees who lost their homes in an earthquake.
Throughout the duration of this course, you have been thinking about and working through information technology problems. The final project will APPLY the steps of analyzing, evaluating, and designing a solution to the information system problem.
Determine the need for and purpose of a Gantt chart and distinguish between the pros and the cons of using a Gantt chart. Provide a rationale for your response.
1. Contrast and compare the supply chains required for the private label eBags and those drop-shipped directly from the manufacturers. Answer in the context of the case. 2. If eBags were to enter the footwear business, what new supply chain managemen..
Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem.
Which of the following holds true for a pegged exchange rate system? Select one: a. Adopting a pegged exchange rate regime increases inflationary pressures in a country. b. It is necessary for a country whose currency is chosen for the peg to pursue ..
Which plan would you recommend? 2. Presumably, information about the new line has been shared with supply chain partners. Explain what information should be shared with various partners, and why sharing that information is important.
Describe one or two similarities in how lean operation principles might be applied in both the service and manufacturing industries.
Discuss the role of modelling in research in managerial decisions making with an appropriate illustration. Explain how is model validation done.
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