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What are the three inputs to MRP? Discuss the significance of each input to the MRP process.
What are the major advantages of using MRP? What are the limitations of using MRP?
Discuss the difference between independent demand and dependent demand. Why is MRP used for dependent demand instead of independent demand? Give an example of both an Independent demand item and a dependent demand item. Give an example of a product that can be either independent or dependent demand depending on the usage?
A product is currently made in a job shop, where fixed costs are $4,500 per year and variable cost is $10 per unit. The firm sells the product for $70 per unit. What is the break-even point for this operation? What is the profit (or loss) on a dem..
Consider the following two-person zero-sum game. Assume the two players have the same two strategy options. The payoff table shows the gains for Player A.
A University Web server has five main components every with the same reliability. All five components must work for the server to function as intended. If the University wants to have 95 % reliability, Elucidate what must be the reliability of eve..
Examine arbitration as a quasi judicial process in which parties agree to submit unresolved disputes to a neutral third party for binding settlement. Explain the labor- contractual negotiations in detail.
as a university student your institutions social principles and practices reflect on you as a stakeholder in the
What should the new organizational structure look like? Where should the systems manager put each manager?
Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system, is the single most important measure for impr..
What are the upper and lower control limits of their control chart? Show your answers with four decimal places.
At the start of the season, how much salt (in tons) should Homer have available in its storage sheds - how many options should Homer purchase from ASM?
Explain the solicitation elements and compliance issues of the federal procurement process framework.
Assume alpha: 0.50. At the end of December 2006, illustrate what is our prediction for total number of shavers which will be sold during March also April of 2007.
he company is interested in using control charts to monitor the temperature of its manufacturing process. Construct the and R chart. What conclusions can be made about the quality of the process?
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