Few suppliers strategy is the high cost of changing partners

Assignment Help Operation Management
Reference no: EM131372669

True/False

1. The usual purpose of an R-chart is to signal whether there has been a change in the number of defective items in a sample.

2. Continuous Improvement or Kaizen is based on the philosophy that any operation or process can be improved or made better.

3. Local optimization is a supply chain complications best described as optimizing one's local area without full knowledge of organizational needs.

4. The benefit of inspection to the customer is that it adds value to the product or service.

5. Two characteristics of a JIT partnership include frequent deliveries of small lot quantities and the removal of incoming inspection.

6. ISO 9000 seeks standardization in the use of purchasing terminology.

7. Drop shipments, channel assembly, blanket orders, and postponement are all strategies for better supply-chain management.

8. In order to minimize the total cost of poor quality, companies need only invest in quality assessment (measuring quality).

9. Hidden problems are often uncovered during the process of reducing inventory.

10. A disadvantage to a manufacturer of having a "few suppliers" strategy is the high cost of changing partners.

Reference no: EM131372669

Questions Cloud

What is the profit-maximizing level of output : a. Fill in the blanks in the table. (Enter all of your responses as integers.) b. What is the profit-maximizing level of output?
Analysis on the good practices of other hotels : Identify and explain which dimension(s) the domestic and international guests generally considered "satisfied" or "unsatisfied" when they used the Grand Hotel's services.
Conduct appropriate hypothesis test and state the conclusion : Suppose that this economist looks at a random sample of 250 office building properties in San Jose and finds that 12 are vacant. Using α = 0.05, conduct the appropriate hypothesis test and state your conclusion. What is the p-value?
Calculate the conditional profit in relation to various : A company needs to increase its production beyond its existing capacity. It has narrowed the alternatives to two approaches to increase the production capacity: (a) expansion, at a cost of $ 8 million, or (b) modernization at a cost of $ 5 million. B..
Few suppliers strategy is the high cost of changing partners : The usual purpose of an R-chart is to signal whether there has been a change in the number of defective items in a sample. Continuous Improvement or Kaizen is based on the philosophy that any operation or process can be improved or made better. ISO 9..
Should corrective action be taken : A test is carried out to determine whether the variance is above the required level, with the intention to take corrective action if it is concluded that the variance is greater than 156. A random sample of 25 slabs gives a sample variance of 175...
What actions you take to provide sustainable supply of water : What role does population growth play in water supply problems? What three actions would you take to provide sustainable supplies of water for the world's people? (100 words)
Carry out the test and state the conclusion : A random sample of 1,500 households shows that 1,380 are rental units. Carry out the test, and state your conclusion. Use an αof your choice.
How do these new facts affect current stakeholders : Identify the various stakeholder groups of the Monsanto Company. Update any dated facts in this case with more current information. How do these new facts affect current stakeholders?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd