Disadvantages of this material planning method

Assignment Help Operation Management
Reference no: EM131366715

In your own words, explain the concept of just-in-time or Kanban inventory replenishment. What are the major advantages and disadvantages of this material planning method?

Reference no: EM131366715

Questions Cloud

Which would be located in two growing sub­urbs of community : At a recent strategic planning retreat of a 40 ­person multispecialty group, the administrator made a presentation that focused on the coming year’s plans to establish the organization’s first two primary care satel­lites, which would be located in t..
An initial assessment of the company under consideration : An initial assessment of the company under consideration A short list (five to ten sources) of potential research materials) An overview of the challenges you anticipate when completing this project The company is choose iBlockbuster, Netflix, and th..
Dependent demand are important in inventory management : The concepts of independent and dependent demand are important in inventory management, but sometimes they aren’t clearly distinguishable. Can you find the elements of dependency and independency in the following situations: selling snacks at a footb..
Disadvantages of this material planning method : In your own words, explain the concept of just-in-time or Kanban inventory replenishment. What are the major advantages and disadvantages of this material planning method?
Anesthesia services for patients undergoing surgery : Medical Center ABC is seeking a new group to provide anesthesia services for patients undergoing surgery at the medical center. It advertises in the American Journal of Anesthesia Groups and receives several proposals, including one from Anesthesia G..
What are some of potential problems global businesses face : What are some of the potential problems global businesses face when they outsource or subcontract their manufacturing work to companies in other countries? Why is this a good structure for JP Morgan Chase & Co? Create a Porters Five Forces analysis o..
What total quality management principles : If you were to start a business what Total Quality Management principles do you feel would be critical the success of your operations (Be specific!)? Could Just-In-Time inventory work for your business idea? Why of why not?
An information system consultant is bidding on project : An information system consultant is bidding on a project that involves some uncertainty. Based on past experience, if all went well (probability 0.1), the project would cost $1.2 million to complete. Calculate the expected value for the given bids. W..

Reviews

Write a Review

Operation Management Questions & Answers

  What are zara global strategies

What are Zara's global strategies? How does the global legal landscape alter, if any, the execution of Zara's global strategies

  Defined benefit plan with a defined contribution plans

Compare and contrast a defined benefit plan with a defined contribution plans. Which plan do you believe an employee would favor? What about the employer? Explain your answer.

  Eventual zombie attack and viral infection

What sort of training and exercises would you go through to help prepare your team for the eventual zombie attack and viral infection? Also, how would you maintain order in the town using your liaison members and the local media (assume all media ..

  Corporate public policy and strategic management

Explain the relationship between corporate public policy and strategic management. Which of the four strategy levels is most concerned with social, ethical, or public issues? Discuss the characteristics of this level. Identify the steps involved in t..

  Ethical responsibilities in the accounting profession

Phil Kart works for Carmel Candy Company. He enters customer orders in the company’s accounting system. The orders are written on prepared forms by the company’s sales representatives (reps). What is the ethical issue? What problems do you see in Car..

  Shared risk with an internal or external business partner

Describe a decision situation in which you have shared risk with an internal or external business partner. What were the conditions of the shared risk? Explain why the arrangement was successful or not.

  What is buy-more taking advantage of to manage supply chain

The Buy-More electronics chain store tags its inventory of Apple iPads with radio frequency ID tags to discourage theft and allow it to track sales across its stores. With the "Black Friday”/”Cyber Monday” Christmas shopping season approaching Buy-Mo..

  Illustrate difference between independent-dependant demand

Illustrate what is difference between independent also dependant demand in a McDonalds restaurant. Describe optimum preventive maintenance frequency for each of pieces of equipment if breakdown time is normally distributed.

  Compare the maximal-flow problem-shortest route problem

Compare and contrast the maximal-flow problem, shortest route problem, and minimal spanning tree problem. Which would be the best model to use by a forest ranger seeking to minimize the risk of forest fires and why?

  Demand is normally distributed with an average

Consider a continuous review inventory system. Demand is normally distributed with an average of 44,000 per month and a monthly standard deviation of 1320 units. Lead time is two weeks (assume one month is four weeks). If the firm desires only an 81%..

  Product-price-place and promotion

Describe what Porsche's 4Ps (Product, Price, Place, and Promotion). Please explain Porsche's current situation of the organization in the market such as industry, market, and general environment analysis. What is the financial performance and conditi..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd