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Question 1: (Inventory Formulas) In a multiproduct reorder point subject to an aggregate service constraint, what will be the effect of increasing the cost of one of the parts on the fill rate of the part? On the fill rates of the other parts?
Question 2 (What Went Wrong?) What was the role of the computer in evolution of MRP?
Question 3 (A Quota-Setting Model) How is demand management practiced in MRP? In JIT?
Question 4 (Production Scheduling) What motivates maximizing utilization? What motivates not maximizing utilization?
Question 5 (Aggregate and Workforce Planning) What is the difference between a chase production plan and a level production plan, with respect to the amount of inventory carried and the fluctuation of output quarterly over time? How do the production plans generated by an LP model relate to these two types of plans?
Of the two main resources (human and capital), which is probably the most challenging to manage? Why? Explain the positives and negatives associated with utilizing independent contractors for your projects.
A local bakery must decide how much sugar to order each time they place an order. Their annual demand for sugar is 5000 pounds. The cost of placing an order for sugar is $25. The delivery lead time is 5 days. It costs the local bakery $2 to hold each..
Dunn’s Emporium is going gangbusters and George who owns the deli next door is getting ready to retire. Dunn is in the process of acquiring The Deli. Discuss the history of the companies before and after the merger to the present (including discussi..
An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trendequation and the naive approach.
Responsibility Centers A major software company has established customer service centers in India, Ireland, and Israel to provide support to its U.S. customers with foreign operations.
list three important items that belong within a project management plan and the importance of breaking the project into
A company wants to produce homeopathic remedies in capsules for the treatment of four diseases. The business proposition of the company calls for custom made capsules, based on the customer symptoms. Explain how this company could use a postponement ..
You are creating a customer database for the Modesto Nuts minor league baseball team. Draw a project network given the information below. Complete the forward and backward pass, compute activity slack, and identify the critical path. How long will th..
Imagine you volunteer for church where they distribute free food for homeless people. Identify a central problem you may notice during the volunteering Please identify 8 elements or factors that contribute to this problem. Write a short paragraph on ..
The informal organization makes the formal organization come alive. The informal organization consists of informal networks. These networks can help the supervisor if they influence employees to perform at higher levels or they can hinder performance..
A firm has decided that its optimal capital structure is 100% equity financed. It perceives its optimal dividend policy to be a 60% payout ratio. Asset turnover is sales/assets = .5, the profit margin is 12%, and the firm has a target growth rate of ..
The Otto Maddick Machine Tool Company produces two products, muffler bearings and torque amplifiers. One muffler bearing requires 0.125 hr. of assembly labor, 0.25 hrs. in the stamping department and 9 square feet of sheet metal. Use Solver's sensiti..
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