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Ken Ramsing has been in the lumber business for most of his life. Ken's biggest competitor is Pacific Woods. Through many years of experience, Ken knows that the ordering cost for an order of plywood is $25 and that the carrying cost is 25% of the unit cost. Both Ken and Pacific Woods receive plywood in loads that cost $100 per load. Furthermore, Ken and Pacific Woods use the same supplier of ply- wood, and Ken was able to find out that Pacific Woods orders in quantities of 4,000 loads at a time. Ken also knows that 4,000 loads is the EoQ for Pacific Woods. What is the annual demand in loads of plywood for Pacific Woods?
Draw out the vertical value chain for your firm’s industry. List the major firms in each important activity along the chain. Note that a firm’s name may appear multiple times in the value chain. Is your firm highly vertically integrated? If yes, does..
a) What is the critical path for this project, what is the project completion time, how much total work time (in days) is required for this project, and what is the cost for completing this project using the Activity Time? Also identify the slack tim..
Discuss the tools and methods it uses to evaluate its portfolio, both quantitative and non-quantitative. Discuss the strengths and weaknesses of each approach.
Software Package Recommendatins for ERP, MRP and CRP
According to your reading of the text, Procter & Gamble's use of DSS illustrates the use of information systems to implement which common business strategy.
What would better motivate employees, a collaborative work culture or a lucrative pay for performance system? Why?
Take and stance and discuss your position: Prices should reflect the value consumers are willing to pay versus Prices should reflect only the cost of making a product or delivering a service.
What is the order quantity and when should the manager reorder - The company operates 50 weeks a year, and the weekly usage rate is normally distributed with an average of 60 units, and a standard deviation of 4 units per week. If the annual holdin..
What average cycle time is required for the assembly line to achieve the production quota in seven hours-If mixed-model scheduled is used, how many of each model will be produced before the production cycle is repeated?
What is Crocs' current product flow process? What are the strengths and limitations of this product flow process?
Identify the unique characteristics of services (relative to tangible goods) and list the marketing challenges created by each characteristic. For each characteristic, describe what a firm can do to attempt to counter these challenges.
Standing plans are: Exemplified by programs and projects. Plans that define company responses to specific situations, such as emergencies or setbacks.
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