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A company is operating in two unrelated businesses. The first one is making common salt, which is sold in one-kilogram consumer packs. The second business is making readymade garments. The owner of the businesses has decided to implement Materials Requirement Planning (MRP) in one of the two businesses, which is likely to give him greater benefit. Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses.
About explain how many runs per year would there be. Explain how much could the organization save annually if the setup cost could be reduced to $25 per run.
subsequent tabulations are actual sales of units for 6 months and a starting forecast in January. Compute forecasts for remaining 5months using simple exponential smoothing with.
Illustrate what is average time spent waiting in line to get to ticket window. Illustrate what is probability which re are more than two people in system? More than three people or more than four.
A capacity alternative has an initial cost of $50,000 also cash flow of $20,000 for each of next four years. If cost of capital is 5 percent, net present value of this investment is approximately.
What is the economic order quantity? Calculate the annual inventory holding costs based on the average inventory level and annual holding cost per box
What potential causes of poor decision making existed at WorldCom during Bernard Ebbers' administration? What might have happened if Ebbers had been prone to a different conflict-handling style, such as compromise or collaboration?
Elucidate how can we keep the stereotypes we have from interfering with the way we work in team projects. Identify TWO specific things you could do to help prevent stereotypes from inhibiting effective team relationships.
Nike faced a similar dilemma in Vietnam, where it was accused of paying less than a liveable wage ($1.60 per day). Illustrate what would you do as the Operations Manager.
Based on this information and wanting to use the low cost strategy, what is the optimal order quantity that Weedandfeed should select for acquiring its Pest-be-gone next year? What is the lowest total cost for each of the two purchase options?
A greater percentage of raw material purchases are paid with credit. More finished goods are produced for inventory instead of for order.
Illustrate what kind of behaviour controls will best facilitate positive interactions both within the teams also among the teams.
Using at least two different quality tools, analyze data also present your conclusions. Elucidate how could survey have been more useful. Illustrate what is next step.
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