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Prepare a master production schedule for industrial pumps in the manner of the following table. Use the MPS rule to "schedule production when the projected on-hand inventory would be less than 10 without production." Suppose that a production lot size of 70 pumps is used. (Leave no cells blank - be certain to enter "0" wherever required.) June July Initial Inventory = 60 1 2 3 4 5 6 7 8 Forecast 30 30 30 30 40 40 40 40 Customer orders (committed) 31 20 10 4 2 Projected on-hand inventory MPS ATP
What is Little’s Law? Provide an example of Little's Law's application. Describe the business (a company you chose in your example) and then explain how the business could use Little's Law in its operations.
What is a "learning curve?" What is an "experience curve?" How do they differ? What are the basic assumptions upon which the learning curve is based?
Describe the challenges of global virtue teams and what types of training and tools management can proactive put in place to ensure cultural differences are taken into account.
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What would be the effect on customer time in the system of having a second ticket taker doing nothing, but validations and card punching, thereby cutting the average service time to 20 seconds?
How can international businesspeople avoid relying on the self-reference criterion when dealing with people from other cultures? Does it make a difference if the business activity is conducted in the home or the host country?
determine which of the following is the reorder point value given an average daily demand of 50 units and a lead-time of 10 days and Basic Fixed-Order Quantity inventory model fits this problem situation
What are the most important considerations for employers as they design compensation and benefits plans that are appealing to employees—and financially viable? Health care organizations are challenged to develop total compensation packages that appea..
Swenson Saws produces bows, frame, dovetail, and tenon saws used by craft furniture makers. During an 8-hour shift, a saw is produced every 6 minutes. If mixed-model scheduling is used, how many of each saw will be produced before the cycle is repeat..
A Supersonic Burger fast-food franchise is considering adding drive-through service. Data collected at other Supersonic drive drive-throughs in the area indicate that customer arrivals follow a Poisson probability distribution, with a mean arrival ra..
What is the definition of a heuristic decision method? What might be a heuristic method for hiring someone? Explain and justify your logic
Let's say that I am an executive sponsor for a large information system project, and I have hired you as a consultant to run the project for me. We sat down at the beginning of the project and discussed my requirements, budget, etc.
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