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The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials are needed. The current inventory levels are $2,420,000 and $1,360,000, respectively. In addition, finished goods inventory is $1,160,000 and sales (at cost) for the current year are expected to be about 64 million.
Express total inventory as:
a) Weeks of supply
b) Inventory turns
When quality discounts are introduced, will optimum order quantity be made smaller, unchanged, or larger? Illustrate by using a numerical example.
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1. Identify products which you would expect to be produced by each of the following configurations: project, job shop, and batch and continuous. Answer: Many possible answers:
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Division X is growing and is in constant need of trained employees. The demand rate for trained employees is relatively constant at 5 each month. The division can run a gaining p
What might the competitive advantage be for each of the following companies? a. EBay b. Southwest Airlines c. Starbucks d. Apple f. Facebook
scope of operation research
Compensation and benefits; what are all that an employer can offer their employees? What kind of compensation? What kind of benefits?
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