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What is inventory?
Explain 4 types of inventory based on position of inventory in the process?
Explain buffer inventory.
What does EOC (Economic Order Quantity) attempt to do?
What is replenishment lead time?
Explain the 3 approaches of locating inventory. Explain inventory turns.
Explain ABC inventory distribution - the process used to establish relative importance.
Explain the 2 methods of obtaining accurate inventory records.
Let's explore the project manager's role and responsibility a little more. How much responsibility do you think the Project Manager has for project failure or project success? Is it 100% the project manager's responsibility or a combination of reason..
Walking out of the hospital room, a doctor let out a big sigh and you over hear him telling a lady, “Mrs. Porter, I’m sorry to inform you that your husband Michael has suffered acute amnesia. He has lost a large part of his memory and it is causing h..
Draw the network diagram. Find the critical path. If activities 1 and 10 cannot be shortened, but activities 2 through 9 can be shortened to a minimum of one week each at a cost of $ 10,000 per week, which activities would you shorten to cut the pr..
What is Capacity Requirements Planning (CRP)? What can the planner do if the capacity of a work centre will be exceeded?
Identify the difference between intensive, exclusive, and selective levels of distribution intensity. Provide an example of a product that would be best for each level of distribution.
How many drivers can be processed in one hour if the clerks and typists work at 80 percent utilization rate?
A process is so vital to an organization that the main unit has 2 backups. In case the main unit fails, either backup can be pressed into service.
Explain why is planning important to success of a project. When would you, as a manager, use strategic planning. When would you use management planning.
The warehouse manager asked you to create an example inventory list for his staff. The inventory list is a comprehensive chart that lists all of the company's internal resources: equipment, machines, technology, furniture, office supplies, etc.
Write an LP formulation that could be used to solve this problem with the relevant LP software packages like Microsoft Excel "solver".
You are in charge of a quarry that supplies sand and stone aggregates to your company's construction sites. Empty trucks from construction sites arrive at the quarry's huge piles of sand and stone aggregates and wait in line to enter the station
Samuel Cartwright is suing over a workmanship defect in a data backup system that cost him 3 years of client data. He is suing for $1 million, and the manufacturer is offering him an out-of-court settlement of $450,000, of which Samuel will receive $..
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