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The company you are employed with has asked for your help in solving an inventory problem. Many of the company’s dependent demand inventory items are cluttering their facilities. Several of these items are coming in weeks before they are actually needed. The quantity ordered for many of these items are excessive as well. This is causing a significant increase in Work in Process inventory on hand during the production period. The additional costs associated with carrying excess inventory and the additional clutter is a concern to management. Management would like to look in the possibility of using MRP to help them handle the ordering and scheduling of their dependent demand inventory. Bill Wiggins, the Vice President of Operations, has asked you to research MRP and to present your findings to management in a written report. Specifically, management would like to know what MRP is, and how it could help solve the company’s inventory problem. Also, management is concerned about the costs of implementing such a system. Much of this information can be found in your textbook. However, you must use the Internet to get additional information such as costs.
If their 90 percent learning curve allows them to reduce their costs on each unit, what is the total cost of producing 100 units of the new product?
Why is KIT important? Can you give an example of using KIT in international recruitment?
Evaluate Zagat using the competitive forces and value chain models.
How far is the bank willing to go on social and economic responsibility in other locations. What will the role and responsibility of management be. What are some of the legal issues you may have to deal with
For this unit, you will write a 3-5 page paper (excluding title and reference pages) summarizing what you have learned about your chosen profession so far.
You have been hired by a small new web design firm to set up a network for its single office location. The network is primarily needed for exchanging files, accessing and managing beta websites on its web server, and connecting to the Internet.
The manager has assigned an annual carrying cost of 35% of the purchase price per crate. Ordering costs are $28. Currently the manager orders once per month.If the order lead-time is two weeks (ie 0.5 month) what is the re-order point?
what is the return on stockholders equity for a firm with a net profit margin of 4.9 percent sales of 350000 an equity
Think of a new or revised product or service that you would like to see on the market. Discuss the implications of producing the product or service relative to legal, ethical, environmental, profitability, competitive, design, and production i..
Differentiate between coaching and mentoring. Provide an example to support how either of the two was used successfully in your current or past work life
She must be able to pay cash for all corn at the time of purchase. Use linear programming to decide explain how Alexis can maximize her cash on hand at the end of April.
assuming a 90% target CSR labor utilization rate, how many telephone calls can these 3 CSRs handle during this time period.
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