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Q. Describe an area of improvement for your company or industry of choice. Find two benchmarks for your improvement area:
1) In a like company or industry
2) In a company or industry which does not participate in same type of business
Illustrate what are your retailer profits for each stock level. Supplier profits for each stock level. Supply chain total for each stock level. Fill rates for each stock level.
Currently, industry has 20 projects per year and each senior designer can handle 6 projects per year. Illustrate what is current labour utilization of senior designers. Illustrate what do you recommend.
Compute the productivity ratios for the old also the new production systems. You have to report to the Operations Manager on the impact to productivity of your new process. Elucidate what will you report.
associated with producing the brake shoes on every machine along with the available capacity on every machine. If the Corporation has received an order for 1,800 brake shoes, describe how should it schedule these machines.
One of the process engineers has suggested which a redesign will help cut changeover time in cell where this part is produced. Might the redesign also have an effect on quality. Explain fully.
Evaluate upper also lower control limits which will comprise roughly 97 percent of sample means when process is in control.
Illustrate what order size would minimize total inventory costs. Illustrate what are total costs of inventory. Office manager is presently using an order size of 200 packages.
Consider this with regard to both strategy formulations also strategy implementation. Illustrate what are shortcomings of using measures to justify project selection also illustrate what suggestions can you offer to address se shortcomings.
His approximate d cost to carry 1 case of whiskey is $52 dollars per case per year. He approximates that it costs $21 to place a whiskey order. Explain how many cases should doc order each time he places an order.
Mathematical formulation of the model
Develop your own forecast for bow rakes for each month of the next yr (yr 5). Justify your forecast also the method you used.
Assume alpha: 0.50. At the end of December 2006, illustrate what is our prediction for total number of shavers which will be sold during March also April of 2007.
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