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1) Critical Ratio is:
A. The ratio of processing time to idle time of the process
B. The ratio of remaining time until due date to the remaining processing time
C. Greater than one if the job is behind schedule
D. All of the above
2) The most common type of constraints found in most organizations is:
I. Resource II. Market III.
Policy a) I only
b) II only
c) I and II
d) II and III
e) I, II and III
3) All of the following about S&OP is true except:
a) Performed at the product/service family level
b) Senior management involvement is not needed
c) Operations commits to make/service the operations plan
d) Used as input into the MPS
e) Typically conducted monthly
Generally, do advertisements constitute offers? If not an offer, how is the advertisement to be classified? If an advertisement is set forth for an auction without reserve, may a seller revoke an offer once a bid has been made?
The work center makes products in batches ranging from one unit to one hundred units. Assuming capacity is not a limitation on either machine, on which batches should machine B be used.
If you look at competitive dynamics, competitors are more likely to respond when attacked in a market where the competitor relies on that market for a large portion of its sales. Look at current events to tell me why is this so? Give examples. ..
Continuous review inventory control is being applied to purchase motors for an electric fan manufacturer. Demand is uniformly distributed between 500 and 600 motors per week
The annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. The ordering cost is $20 per order
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, whi..
Many profit-making firms have a strategy map that is tied to four elements: financial results, customers, human resources, and sustainability. If you developed a scorecard that included these areas
Determine the key components of supply chain management for the company you have selected. Determine three major issues that could affect the structuring, sourcing, purchasing, and the supply chain of your organization. Provide a solution to each ..
How would you evaluate the implementation of customer service in each store? Compare them based on criteria that you develop.
Top Three Trends in Your Profession and Associated Industry-Annotated Bibliography. Identify the NAICS code of your industry or the SOC code. Identify and list the key concepts and terms related to researching, describing and discussing the top three..
You can use Internet resources, peer-reviewed journals, and reputable, published articles, and you may interview an executive of a healthcare facility that has implemented an electronic medical record system/electronic health record system or similar..
Consider two products A and C. Forecasted annual demand for Product A is 2,000 units and for Product B is 12,000 units. Assume that both products are purchased from a supplier, and there is a $200 transaction cost for each order. Formulate an invento..
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