What will be the impact of the inventory control problem

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Reference no: EM131297935

Case - Hudson Fabricators, Inc

Questions: 1.Develop a bill of material (BOM) diagram using the assembled INE Cabinet shown in 13.C1. Compare the BOM diagram with the individual components? Is the sum of the components are different from the assembled cabinet BOM? If they are different why?

2. Assuming that Hudson assigns one production worker to the INE job:

a. Based on a 40 hour work week, how long will it take one production employee to complete the job? How long would the job take 2 production employees to the INE job?

b. Based on a labor rate of $19.25 per hour (plus 45 percent fringe benefits);an overhead rate of 150 percent of direct labor costs and a profit margin of 35 percent, what should be the quote for the INE job. Should one or two employees be budgeted to the job?

3. Since Hudson builds more than 100 cabinets similar to the INE chemical cabinet,how should Josh make a decision on what to do about planning and control at Hudson

CASE 6 :Austin Wood Products

Questions: 1. What specific actions should the company take in the area of inventory control?Support your recommendations with conceptual and economic analysis.

2. What is your reaction to the president's comment about not having to compete on cost?

3. What will be the impact of the inventory control problem change as the sales volume increases?

4. How could AWP benefit from the establishment of an inventory control system? What functions should be included in an inventory control system?

https://www.dropbox.com/s/7xrs2rcs1zxmeo1/977_About_company.zip?dl=0

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Procuring department is a very vital department in any organization. It connects the organization and the outside environment. Its main role is to give tenders to different companies to supply raw materials to the company so that it can be used for other purposes. Technology should be able to make it so easy than handling it manually.

Reference no: EM131297935

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12/2/2016 1:58:42 AM

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