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Explain the four primary priority rules for job sequencing. In what instances at the Nissan car manufacturing might each rule be most advantageous? When would each rule be most disadvantageous? The company believes that it might have some inefficiencies in its inventory managementprocess. Develop an ABC classification system for the following 10 items. Based on this information, what do you recommend for improving inventory management?
Item
Annual Demand
Cost/Unit
I5
1750
10.00
D1
6000
A2
3000
50.00
E9
1000
20.00
J8
2500
5.00
C7
1500
45.00
B8
4000
12.00
G2
300
1500.00
H2
600
F3
500
500.00
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In a given period demand for an item is equally likely to be any value between 100 and 199 units. Each unit of the item costs £75 and can be sold for £100. At the end of the period all unsold stock is passed to a recycler who pays £25 a unit. How man..
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The time between patient arrivals to the blood-drawing unit of a medical lab averages 2 minutes. The lab is staffed with two nurses who actually draw the patients' blood. The nurse’s work from 9:00 am to 5:30pm and get two 10-minute breaks and a half..
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