What is the abc inventory matrix

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Reference no: EM132288444

10 questions, 50 words each question.

1. If you were designing a boardwalk ice cream shop and wanted to create an optimal queuing system with the help of an Industrial Engineer, what are five details that the engineer would need to know about your system to create an efficient shop.

2. What are the four components of time series data variation? Briefly describe each type of variation.

3. What is the ABC inventory matrix? How would an Aerospace Warehouse use this system to manage their inventory? Give an example of each class of inventory in the warehouse.

4. In Six Sigma, what are the three most important statistical tools for a yellow belt?

5. What is Radio Frequency Identification (RFID)? How would a Toy Manufacturer use this technology? How would Amazon's Distribution Centers use this technology? How would Kohl's Department Store use this technology?

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Reference no: EM132288444

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