Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1.Your firm uses a periodic review system for all SKUs classified, using ABC analysis, as B or C items. Further, it uses a continuous review system for all SKUs classified as A items. The demand for a specific SKU, currently classified as an A item, has been dropping. You have been asked to evaluate the impact of moving the item from continuous review to periodic review. Assume your firm operates 52 weeks per year; the item's current characteristics are:
Demand (D) = 15,080 units/yearOrdering cost (S) = $125.00/orderHolding cost (H) = $3.00/unit/yearLead time (L) = 5 weeksCycle service level = 95 percentDemand is normally distributed, with a standard deviation of weekly demand of 64 units.
a. Calculate the item's EOQ.b. Use the EOQ to define the parameters of an appropriate continuous review and periodic review system for this item.c. Which system requires more safety stock and by how much?
Analyzes the impact of potential change factors as they relate to the functions of management for both organizations and analyzes the basic legal, social, and economic environment in which the organizations operate
Which of the following concepts/tools are not used to build effective supply chains, The largest cost component of total US supply chain costs is
Using a flat inflation of 3%, with the probability of 85% that incomes will not grow more than 3%, find the year that is best for the investor to begin new home construction. If incomes remain flat (within 3% of 2014 figure), and inflation grows at 2..
The benefits of outsourcing SCM out-shadow the risks: Hence, the continuous adoption of the outsourcing strategies in modern retail sectors, for improved responsiveness and effectiveness, and increased performance. What is your opinion?
Explain why aggregate planning for fuel consumption is critical to the success of U.S. airlines given the volatility of fuel prices from the year 2006 to now. What strategies can airlines employ to smooth the supply/demand peaks?
As a newly recruited materials manager explain all the functions of the units in your department to a group of students on a visit to your organization.
1.Explain how a firm can reduce costs while improving the performance of its supply chain.
Identify a number of the typical criteria used when making new location decisions
Critically discuss how the procurement function can manage a network - often global - of vendors and suppliers that can quickly become inoperative due to rapid shifts in the business environment.
Based on the available information, is Atlanta the best location for a distribution center to serve the southeastern region? If not, what would you recommend - The Fireside transportation department projects a 25 percent rate increase in 2013 from..
How does improved supply chain visibility improve the planning process and describe the S&OP process. What are the major trade-offs that must be considered?
One of the most important activities in supply chain design is selection of suppliers. Discuss what criteria might be used to select the suppliers. This assignmnet only has to be a half of a page long.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd