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Inventory Management
With effective resource planning, organizations can reduce inventory and service costs, improve efficiencies, and establish methods for continuous improvement. Depending upon the type of resource, there is a different type of planning that must take place. This can include material requirements planning (MRP), capacity requirements planning (CRP), enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), or product lifecycle management (PLM).
Research two specific types of resource planning.
Based on your research, explain whether or not you believe ERP and MRP are the only resource planning processes applicable to manufactured processes.
Can either ERP or MRP be used for service industries or can they only be used for manufacturing organizations?
Little’s Law Firm has two paralegals. What is the average total time a customer spends in the system?
Currently it is assumed by the manager that demand is deterministic. Choose the optimal order quantity and reorder point.
An innovative restaurateur owns and operates a dozen "Ultimate Low-Carb" restaurants in northern Arkansas. His signature item is a cheese-encrusted beef medallion wrapped in lettuce.
Come up with a hypothetical scenario under which it would be appropriate to choose the acceptance strategy. Assign estimated values to assets and costs to other considered control strategies. Write a one paragraph summary of the scenario, describing ..
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What arguments under contract law would Manner Investment Corporation raise to invalidate the original agreement?
Training and development is an important part of employee development. Explain why evaluating training is important. Be sure to discuss the relevance of Kirkpatrick's evaluation process.
What do the three financial statements reveal that are so important to investors, tax auditors, and banks, and why are they important?
As chief excutive chef of a large national themed restraunt chain, hoping to go international in the next five years, Koptra Galwal worked hard to inspire the restraunts employees. He planned to expand the number of restraunts improve profitability a..
Use Universal Studios and Six Flags for competitors in the CPM. Using the EFE and CPM data.
What is the framework for evaluating alternative site locations? What are the qualitative and quantitative factors involved in site selection?
what percentage of bpo contracts do you think have weak or unclear evaluation criteria defined within them? what steps
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