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(a.) Give an example (with justification) of a product for which EOQ ordering is more sensible (i.e., more economical) than JIT ordering.
(b.) What is lead time? What would a JIT approach recommend in terms of changing lead times? And what effects would such changes have concerning your stockroom, and why?
(c.) Briefly explain the "leveraging" of purchasing, i.e., why saving, say, 1% on purchases may be a more viable way of increasing one's profit margin than by increasing sales.
(d.) Suppose a colleague of yours proposes at a meeting that an ERP installation will enable your organization to eliminate upper-level operations personnel because ERP "takes care of all that stuff." Briefly, how would you respond to this person?
Discuss the advisability of using modular assemblies in manufacturing. (What are the advantages and disadvantages?) To what extent can these arguments be applied to service product
Alaska Power Company issued $1,000 bonds that have an annual coupon rate of 7.5%. The present market value of the bonds is $1,125. If the bonds have 15 years remaining until maturi
An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is
question 1. and 2.
Question : (a) Under what conditions is PERT preferred to CPM in project management ? Illustrate your answer with examples of projects. (b) Several stages are involved in
From the video the fruit guys, determine the Fruit Guys business strategy. Identify three other businesses that could use the five questions the Fruit Guys used to determine effect
When conflicting medical opinions are presented, should the advice of a medical expert count more heavily than the opinion of a general physician? Explain your answer.
Please read through the question, then answer each item of my question to get full points. Review the following short article by visiting the link below then answer the question
Develop an 8 to 10 page marketing plan for a sports enterprise (e.g. professional, school or community program). You will take the position of the manager and develop a plan that y
Explain the term organisation structure. It is the systematic arrangement of the people doing work for the organisation so as to achieve predecided goals. This structure is
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