Backlog levels to handle fluctuating demand pattern

Assignment Help Operation Management
Reference no: EM132674042

1. The Level Production Strategy

A level production strategy relies on a constant output rate and capacity while varying inventory and backlog levels to handle the fluctuating demand pattern. Describe why or why not a pure service industry (e.g. accounting or law firms) may or may not be able to implement this type of technique.

2. Production and Quality Tools

Review the various Lean production and Six Sigma quality tools outlined in Chapter 8. Select a tool or process that could be implemented in your current or past organization and describe how this tool could be used in improving supply chain management.

Reference no: EM132674042

Questions Cloud

What is the capital of the remaining partners if bonus used : Peter, Tom, and Jason, Peter retires and is paid $91,000. If the bonus method is used what is the capital of the remaining partners?
Prepare a scatter plot of machine hours and electricity cost : BC Logging Corporation is trying to analyze cost behavior of their electricity costs. Prepare a scatter plot of machine hours and electricity cost
Drivers of labor costs within specific health care service : Identify three key drivers of labor costs within a specific health care service, facility, or other health sector-related occupation
What is the capital of the remaining partners : $500,000 based on the terms of the original partnership agreement. If the goodwill method is used, what is the capital of the remaining partners
Backlog levels to handle fluctuating demand pattern : A level production strategy relies on a constant output rate and capacity while varying inventory and backlog levels to handle the fluctuating demand pattern
Prepare the journal entries to admit tim : Prepare the journal entries to admit Tim into the partnership and calculate the partners' capital balances immediately after his admission
Objectives of supply chain management strategy : Discuss the main objectives of supply chain management strategy? SET examples of your own?
What is the total partnership profit allocation for moon : The Articles of Partnership for partners Moon, Sun, and Stars. What is the total partnership profit allocation for Moon, Sun, and Stars, respectively?
Operation strategy and competitiveness : Choose the existing business operation of the company chosen in number 1(above) and analyze its strategy

Reviews

Write a Review

Operation Management Questions & Answers

  Specific strategic incentive management method

Describe a specific strategic incentive management method you would use for Wal-Mart. What are the various types of duties that export marketers should be aware of? According to Lewin’s model, what things did President Obama do well to manage the cha..

  What ethical philosophy the senior and junior senators

A first-term junior senator has placed a bill before the Senate that promises to correct tax inequities that affect thousands of workers. However, the bill is being held up in committee. Identify and tell what ethical philosophy the senior and junior..

  Project portfolio to organization strategic objectives

How would you align human resource plans in a project portfolio to an organization's strategic objectives?

  Evaluate the strategy that led to the merger

Evaluate the strategy that led to the merger or acquisition to determine whether or not this merger or acquisition was a wise choice.

  Does this model actually happen in filipino organization

Does this model actually happen in Filipino organization ? discuss and justify your observation.

  Identifying acceptable level of risk across the environment

Discuss this statement: “Establishing baselines and identifying acceptable level of risk across the environment provides a starting point for the actual audit"

  Realize the return on investment

Many companies implement enterprise resource planning (ERP) systems but are disappointed by the results when they do not realize the return on investment (ROI) that was projected for the system.

  What is the relationship between law and privacy

What is the relationship between technology and privacy? What is the relationship between law and privacy?

  Describe the demographic details of your target market

Describe the demographic details of your target market, whether you are marketing to consumers or to business in the U.S.

  Major advantages that global companies

Determine the major advantages that global companies would have over domestic competitors in sustaining competitive advantage as a result of using offensive or defensive competitive strategies.

  Hartley auto supply delivers parts to area auto service

Hartley Auto Supply delivers parts to area auto service centers and is replacing its fleet of delivery vehicles.

  The nice thing about inventory models

"The nice thing about inventory models is that you can pull one off the shelf and apply it so long as your cost estimates are accurate.” Comment. “MRP just prepares shopping lists. It does not do the shopping or cook the dinner.” Comment.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd