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Which of the following statements about Materials Requirements Planning (MRP) is TRUE?
a. MRP explosion occurs when the system is bombarded with too many orders to schedule at one time.
b. Among the four core processes of an organization that link activities within and across firms in a supply chain, the MRP interacts with all of them either through its inputs or outputs.
c. MRP gross requirements for a parent item are equal to the planned order releases of its components.
d. Purchasing orders are inputs to the MRP system.
You wish to analyze the pedestrian traffic that passes a given store in a major shopping center.
Please explain the "Optimization" to elementary school students. This answer is for people who don’t know technical terms and don’t have the knowledge about the optimization, so please use very easy words so that anybody (even 10 year-old kids) can u..
what information would be gathered during the analysis and what decisions would be made based on that analysis. Then, explain what requirements are and how they will be used.
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In your discussion share how you would respond to this situation. How would you spend the money from the grant? Would you discipline your managers for losing control in the meeting? What would your action plan be for handling this situation
For the month of November, 2010, the firm has generated the 150 orders, 75 of each type. Assume one month equals 20 days. What is the effective capacity of the process (contracts per day)?
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Identify a product offered within an industry. Using Macro-trend analysis from readings identifies, discuss also analyze macro-trends that may impact industry over next five years.
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Top management has accepted the schedule created at the end of Part 2. Prepare a brief memo that addresses the following questions: How much will the project cost? What is the most expensive activity? What does the cash flow statement tell you about ..
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