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Explain the fundamental concept behind materials requirement planning (MRP) with the meal planning example.
Explain the 2 types of demand inventory.
What is queue time and why is it important?
Explain the concept of planned order release. Why is it is important?
Explain pegging.
What should be the minimal planning horizon?
Explain ERP (enterprise resource planning).
Briefly describe each theory, including its history, foundation, model, and application. Discuss the strengths and weaknesses of each theory.
Develop a scatter diagram using the variable "turnover" (number of new hires plus number of terminations) and the number of defective shipments. Does the diagram depict a relationship between the two variables? c) Develop a Pareto chart for the ty..
Hayes Electronics stocks and sells a particular brand of personal computer. It costs the firm $450 each time it places an order with the manufacturer for the personal computers. The cost of carry-ing one PC in inventory for a year is $170. The optim..
Describe a professional scenario in which you’d prefer to outline a document in hard copy, using a pen and paper, and also describe a scenario in which you’d prefer to create a digital outline. What are the advantages and disadvantages of each method..
Explain in two paragraphs how a "what if" system could be a means for controlling change both scope and schedule change in a project? Explain how it could be incorporated into the change process.
Consider your own personality. Choose three characteristics from the “Big Five” and describe your personality as high, low, or medium on any of those traits. Provide some specific examples of your behavior (preferably in the workplace but not necessa..
What role does forecasting play in the supply chain of retailers or wholesalers with inventory? Please give some examples of products that display seasonality demand. What data would you use to forecast the next year’s sales?
What do you think the decision and the information needs should be in this case? Should the first priority be to determine why previous efforts have failed? What alternative courses of action would you recommend evaluating through research?
What role does quality measurement play in assessing the performance of health plans and in assessing the impact of price competition? Would you join a health plan simply because it had the lowest cost, without any information on quality?
Explain what is the vertical marketing system and How many types of vertical marketing systems we have in the market?
By written contract, Ames agreed to build a house on Bowen’s lot for $145,000, commencing within ninety days of the date of the contract. Prior to the date for beginning construction, Ames informed Bowen that he was repudiating the contract and would..
Identifying what changes are needed within the organization is a major step toward accomplishing the change. Motivation is most effective when it comes from within. Without leadership buy-in most change efforts are still successful.
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