Describe the perpetual and the periodic inventory systems

Assignment Help Operation Management
Reference no: EM13741457

1. Ethical behavior is a corporate issue that affects the company's bottom line. How do ethical issues impact organizations and operations? Include an example seen in the workplace, in the news, etc. that relates to real-life situations. Your initial post should be at least 200-250 words.

2. Why are the following business processes important? Which process do you feel is most important? Explain your reasoning.

a. Strategy development
b. Product development
c. Systems to produce goods and services
d. Order fulfillment

Your initial post should include real life situations and be at least 200-250 words.

3. Many times trade-offs are necessary to increase productivity. What are important trades-offs involving the inputs to productivity? Your initial post should include real life situations and be at least 200-250 words.

4. Read the Forbes article, "The Forces That Are Transforming How Products Are Made." Based on the content presented in the article, what forces and important organizational activities enable a firm to build quality into its products? Explain each of these along with their benefits. Your initial post should include examples and be at least 200-250 words. https://www.forbes.com/sites/ptc/2013/10/21/the-six-things-that-are-transforming-how-products-are-made/

5. Should a firm attempt to have fewer or more suppliers? What are the advantages and disadvantages of each approach? Your initial post should be 200-250 words.

6. How is process selection related to product design and capacity determination? Your initial post should be 200-250 words.

7.Explain how MRP can decrease a company's inventory while improving its customer service level. Include a real-life example. Your initial post should be 200-250 words.

8.Describe the perpetual and the periodic inventory systems. How are they different? Are there circumstances in which one system is better than the other? Include real-life examples. Your initial post should be 200-250 words.

9.Choose companies or industries for which JIT would be totally inappropriate? Explain your reasoning with examples in 200-250 words.

10.Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines. Your initial post should include explanations and examples and be 200-250 words.

Reference no: EM13741457

Questions Cloud

Address the shortage in cost saving : Propose ways that the organization could address the shortage that would still result in cost savings but also allow employees to feel less burdened.
Your culture creates organizational culture : Some students think that they do not have much of a culture at their organization. The truth is that every organization has a culture! Your organizational culture can be related to the way that employees dress, the way that they communicate, or ev..
How does china, japan, or korea look back at its own past : Please make a post on a current event relating to the influence of traditional Chinese philosophy on contemporary Chinese, Japanese, or Korean society. How does China, Japan, or Korea look back at its own past?
Discuss the sequence of activities : Discuss the sequence of activities that are involved in hiring an accounts payable clerk. Explain the data that should be included in a job analysis of that position.
Describe the perpetual and the periodic inventory systems : Describe the perpetual and the periodic inventory systems. How are they different? Are there circumstances in which one system is better than the other? Include real-life examples. Your initial post should be 200-250 words.
How did the ideas of religion transform into government : How did the ideas of religion transform into government?
Problem related to the leadership style : Choose the CEO of one of the following organizations for this assignment: Google, Zappos, Southwest Airlines, Hewlett Packard, Xerox, W.L. Gore, DuPont, or Procter & Gamble. Use the Internet to investigate the leadership style and effectiveness of..
Why establishing power an important step for supreme court : Why was establishing the power of judicial review an important step for the Supreme Court? Consider-What if this case had never come before the court?
Define organization to remain competitive in its industry : View the Seth Godin video about innovation, Seth Godin: How to get your ideas to spread. Think of an innovative company and explain how its ability to adapt has enabled the organization to remain competitive in its industry.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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