How many orders should be processed per year

Assignment Help Supply Chain Management

Reference no: EM132366141

Answer the following Questions :

Question 1 A push-based strategy works well for supply chains that focus on:

the immediate delivery of off-the-shelf, low-cost, standardized goods.

lean production.

the anticipation of demand or without knowledge of customer orders.

work centers and offshore sourcing.

Question 2 In an MRP system, this document identifies all of the components required to assemble an independent demand item.

Inventory status file

Bill of materials

Master production schedule

None of the above

Question 3 Packaging is very important in the manufacturing operation.

True

False

Question 4 In assemble-to-order production,

customer orders are filled from finished goods inventories, and production orders are used to replenish finished goods inventories.

the finished product is generally a combination of common components and a limited number of options or accessories made available to the customer.

the finished product is a combination of standard and custom-designed components that meet unique needs of a specific customer.

highly tailored products are created for the customer whose specifications require unique engineering design or significant customization.

Question 5 Capacity is:

the maximum amount of work that an organization is capable of completing in a given period of time.

determined by lean manufacturing.

the maximum amount of square footage available for inventory storage in a facility.

determined by raw materials flows.

Question 6 Samsung’s flagship mobile phone product, S8 was just launched recently. One component material that Samsung requires for the manufacturing of its S8 mobile phones is the microprocessor chip. The information for the annual use of the microprocessor chips are given below:

Total pallets 9600

Units per pallet 120

Unit price (V) 24

Inventory carry cost (W) 10%

Cost to replenish inventory (A) 2400

Use the formula sheet below to calculate (to the nearest whole number) the following:

Q1. Economic Order Quantity (EOQ):

Q2. Order costs per year:

Q3. Total costs of EOQ:

Q4. Considering the EOQ amount, how many orders should be processed per year?

Q5. Assuming a 288-day work year, what is the expected time between orders?

Reference no: EM132366141

Questions Cloud

What does it mean for a country or society to be developed : What does it mean for a country or society to be ‘developed'? Form groups and come up with a list of characteristics or qualities that you think a country.

Define what is the information system : Define what is the information system and explain why the information system is so essential in the business these days.

Explain the six issues in negotiator cognition : Explain the six issues in negotiator cognition and how you can applied it in rational decision making

How dante socio emotional development might be impacted : Dante is a 4 year old in preschool class. His teacher notice that he generally displays poor motor control. For example, he frequently bumps into other.

How many orders should be processed per year : OMGT1082 Introduction to Logistics and Supply Chain Management-RMIT University-Australia- Assuming a 288-day work year, what is the expected time between orders

Select any indian corporate entity or a foreign entity : Select any Indian corporate entity or a foreign entity (preferably e-commerce/e-pharmacy e.g. flipkart, amazon, med life, netmeds, pharmeasy)

When looking at biases and limitations in literature reviews : When looking at biases and limitations in literature reviews, what are important things to look for?

Analyze on the best business opportunities : He has no idea of the current trends and opportunities available in these Roads. Now he wants us to analyze on the Best business opportunities.

Differences between leadership and management decision : Need two practical examples demonstrating the differences between leadership and management decision-making.

User Account

All Pages