What are some various plans for maintaining customer loyalty

Assignment Help Operation Management
Reference no: EM131776182

1. Jack Jones, the materials manager at Precision Enterprises, is beginning to look for ways to reduce inventories. A recent accounting statement shows the following inventory investment by category: raw materials, $3,129,500; work-in-process, $6,237,000; and finished goods, $2,686,500. This year’s cost of goods sold will be about $32.5 million. Assuming 52 business weeks per year, express total inventory as:

a) Weeks of supply

b) Inventory turns

2. What are some various plans for maintaining customer loyalty when a business has a new owner? How can you reassure the customers that the change is positive?

Reference no: EM131776182

Questions Cloud

Discuss the imf of organization in article : Describe how might the three trends mentioned in Article (WSJ) Burberry, Richemont Sales Violin in Hong Kong, Paris, and actions by the IMF of organization.
How framework for business ethics : How (WH) framework for business ethics. Would Ford's decision to forego repairing the defective design comply with these ethical guidelines? If so, why?
Policies toward vietnam following world war ii : What factors contributed to U.S. policies toward Vietnam following World War II?
Iv issue to protect french protestants : After the cross-dressing Henri III, the French were glad to have a very masculine, athletic, capable king, that is, Henri IV. When he officially converted
What are some various plans for maintaining customer loyalty : What are some various plans for maintaining customer loyalty when a business has a new owner?
The radical and the republican essay : This essay will ask you to examine the main themes of this work. Among these are: the differences between the early lives and careers of Abraham Lincoln
Fuller picture of the relationship : Name three historical lenses that you could apply to gain a fuller picture of the relationship between Natives and white settlers.
Explain the purpose of business strategy : Explain the purpose of ‘Business Strategy' by critically analysing the concepts of ‘Project Strategy' and examine how to ensure a "Project Strategy" aligns
Define capacity factor for a fuel power plant : It is desired to make a preliminary estimate of the cost of building a 900.MW fuel plant. It is known that a 550 MW plant cost $100 million twenty (20) years.

Reviews

Write a Review

Operation Management Questions & Answers

  What are the negative effects of a union

What are the negative effects of a union? What is meant by project team burnout? How can a project team leader prevent burnout from occurring?

  Calculate the cpk value

Big Turkey Burger Farms (BTBF) produces a large turkey burger that is world famous. This burger is known not only for its quality, but also its size and consistency. They produce a turkey burger that on average is 12.10 ounces large (with a standard ..

  Why these are the most important internal factors

briefly describe Nike and then list the key internal factors you identified. Explain why these are the most important internal factors to consider when formulating strategy. Justify the weights you chose for each key internal factor.

  Please select a topic in the field of safety

Please select a topic in the field of safety that is of interest to you and prepare a well-organized and thoughtful five- to seven-page research paper. In Unit III, submit your selected topic and summary outline and wait for your professor's approval..

  What are two things that you would do to be sure

What are two things that you would do to be sure the service is performing up to customers' expectations?

  Dependent upon other tasks to be completed prior to starting

determine which tasks need to be completed first and which tasks are dependent upon other tasks to be completed prior to starting. Using this information identify predecessors in your project plan's predecessor column.

  What is the minimal annual inventory cost

Harley Davidson purchases components from three suppliers. Components purchased from Supplier A are priced at $ 5 each and used at the rate of 240,000 units per year. Components purchased from Supplier B are priced at $ 4 each and are used at the rat..

  Jointly develop an object statement for the retreat project

Jointly develop an object statement for the retreat project. Assess your statement against the criteria offered in the chapter. In other words is the statement shared, short, simple, specific, measurable, and time constrained? How could any deficienc..

  Create balanced scorecard

Create a balanced scorecard and explain how the use of a balanced scorecard could help to measure and possibly improve the turnover of employees.

  What special legal considerations impact

Select and describe a company whose primary means of business transacting is conducted online. What special legal considerations impact such a company when compared to one that does business locally only?

  Under the affordable care act

Under the Affordable Care Act (ACA), not-for-profit hospitals are now required to submit special reports that show how their services and organization have benefitted their local area community. These reports include amounts paid for charity or uncom..

  Standard survey instrument use to measure service quality

What is A standard survey instrument use to measure service quality.

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