Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Managing Director of Beauty Soaps Ltd just visited a soap manufacturing firm in Malaysia and he was immensely impressed by its raw materials stock management System. He wanted his Operations manager to implement the just-in-time stock management system in his unit in order to eliminate all the costs associated with keeping stocks. For the Operations manager the local conditions are not conducive for the implementation of such a system. The main raw materials are sodium palmitate noodles, colour and perfume, imported from Malaysia. Wrappers and cartons are produced locally.
(a) Discuss the various costs associated with keeping costs.
(b) Discuss the conditions to be present in order to enable the successful implementation of just-in-time stock management system.
(c) A trader expects to sell about 300 units of a component per month. The storage space taken up by one unit of the product is estimated at Rs 30 per year. The cost associated with ordering is Rs 65 per order and interest rates are expected to be 10% per year. Each unit costs Rs 50.
(i) Calculate the economic order quantity ? (ii) Calculate the total cost of the component for one year. (iii) A supplier came up with an offer of supplying the same component at Rs 40 per unit, if the ordering quantity is 600 units per order. Should the trader accept the order?
Carlos enjoys wearing women's makeup. One day, he wears mascara and lipstick to work, causing quite a stir in his workplace. He disobeys a direct order from Christine, his employer
Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 This exercise illustrates how when deciding among
Group Technology- Cellular Manufacturing System In group technology/ cellular manufacturing (CM) machines are grouped into cells and the cells functions somewhat like a produc
The approach of utilitarianism is rather democratic in that it suggest that greatest good or happiness is for the greatest number. It does provide the student with the prospect tha
Discuss an example of a work-related project that is able to be broken down into structure, tasks, subtasks, and work packages, and why project management in the form of a CPM/PERT
Column Minima Method: Step 1: Determine the smallest cost in the first column of the transportation table. Let it be C1j . allocate Xi1= min ( ai bi ) in the cell
Change is a given. Explain how you would manage an HR technological change. What process might you use (cite theory as appropriate) to implement technological changes in a traditio
Discuss setting up valid research designs in a company, work environment
Explain Sources of Manpower Recruitment. Sources of Manpower Recruitment: (i) From in the Company The sources of manpower recruitment for any company are as following
Why manufacturing is important
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd