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Discuss your thoughts about just-in-time materials management, its value, shortcomings, and provide an example of where it may be implemented. Below is a brief discussion of JIT vs. MRP. Two approaches have had a major impact on inventory management: Material Requirements Planning (MRP) and Just-In-Time (JIT and Kanban). Their application is primarily within manufacturing but suppliers might find new requirements placed on them and sometimes buyers of manufactured items will experience a difference in delivery. Material requirements planning is basically an information system in which sales are converted directly into loads on the facility by sub-unit and time period. Materials are scheduled more closely, thereby reducing inventories, and delivery times become shorter and more predictable. Its primary use is with products composed of many components. MRP systems are practical for smaller firms. The computer system is only one part of the total project which is usually long-term, taking one to three years to develop. Just-in-time inventory management is an approach which works to eliminate inventories rather than optimize them. The inventory of raw materials and work-in-process falls to that needed in a single day. This is accomplished by reducing set-up times and lead times so that small lots may be ordered. Suppliers may have to make several deliveries a day or move close to the user plants to support this plan. Different goals of MRP and JIT mean that each system works better under certain conditions. MRP is well-suited to a production line that operates on a batch or special order basis. The system's ability to constantly adjust for changing requirements makes it react well to variable orders. The JIT system works well in an environment of repetitive orders of similar products. Suppliers can more easily respond to prompt delivery schedules for routine orders of similar materials.
A bank is retrofitting part of its value to hold safety deposit boxes. It plans to build safety deposit boxes approximately 6 feet high along the walls on both sides of a 20-foot corridor.
Examine the relationship between advances in technology and the responsibilities of global citizenship. Describe how technology has changed the way in which people pursue knowledge and how they address social concerns.
Describe the differences between bureaucratic and decentralized control. What are the advantages and disadvantages of each?
(Push vs. pull systems; writing) Tonight you are going to dine at the restaurant of your choice. To choose the restaurant, you are going to consider the fact that some manage their food production on a push basis and others manage their food producti..
Why is it important for managers to understand the external environment components?Why or why not?
Profits are 40 cents for a box of Deluxe crackers also 50 cents for a box of Classic crackers. Elucidate what is daily profit when producing optimal amounts.
create the project schedule network. Then use the two pass mehtod, calculate and show the early and late starts and slack for each activity and critical path. Create a table similiar to the one below and create the network diagram.
tom schriber a director of personnel of management resources inc. is in the process of designing a program that its
A work cell at Chris Ellis Commercial Laundry has a workstation with two machines, and each unit produced at the station needs to be processed by both of the machines. (The same unit cannot be worked on by both machines simultaneously.) Each machine ..
His department is currently spread pretty thin working on several projects simultaneously. Adel's staff is a fairly homogeneous group, with most people coming from engineering backgrounds. His two senior people typically disagree on everything.
Explain the logic behind how MRP's gross-to-net calculations are processed. What input files are included in this process?
Are current state and federal laws on gambling optimal? Should the nation move in the direction of stricter prohibition? Or should it move to more permissive laws, including those to legalize online gambling?
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