Solution-What will be the impact of the inventory control

What will be the impact of the inventory control problem

Assignment Help Supply Chain Management

Reference no: EM131297935

Case - Hudson Fabricators, Inc

Questions: 1.Develop a bill of material (BOM) diagram using the assembled INE Cabinet shown in 13.C1. Compare the BOM diagram with the individual components? Is the sum of the components are different from the assembled cabinet BOM? If they are different why?

2. Assuming that Hudson assigns one production worker to the INE job:

a. Based on a 40 hour work week, how long will it take one production employee to complete the job? How long would the job take 2 production employees to the INE job?

b. Based on a labor rate of $19.25 per hour (plus 45 percent fringe benefits);an overhead rate of 150 percent of direct labor costs and a profit margin of 35 percent, what should be the quote for the INE job. Should one or two employees be budgeted to the job?

3. Since Hudson builds more than 100 cabinets similar to the INE chemical cabinet,how should Josh make a decision on what to do about planning and control at Hudson

CASE 6 :Austin Wood Products

Questions: 1. What specific actions should the company take in the area of inventory control?Support your recommendations with conceptual and economic analysis.

2. What is your reaction to the president's comment about not having to compete on cost?

3. What will be the impact of the inventory control problem change as the sales volume increases?

4. How could AWP benefit from the establishment of an inventory control system? What functions should be included in an inventory control system?

https://www.dropbox.com/s/7xrs2rcs1zxmeo1/977_About_company.zip?dl=0

Verified Expert

Procuring department is a very vital department in any organization. It connects the organization and the outside environment. Its main role is to give tenders to different companies to supply raw materials to the company so that it can be used for other purposes. Technology should be able to make it so easy than handling it manually.

Reference no: EM131297935

Questions Cloud

Organization system archetypes : For the fifth section of your Term Project you are to write a 3 page paper, APA formatted. The paper will include an effective Introduction and Conclusion.

What percentage of the organizational budget does us provide : What percentage of the organizational budget does the United States provide (see attached budget report)? What does this organization do? What is its mission?

Describe current global economic conditions : Describe current global economic conditions and their effect on local macroeconomic indicators in your selected country. Consider forecasts for population growth, GDP growth, GDP per capita growth, export growth, and sales growth

Create the annual budget by month worksheet : Create the annual budget by month worksheet based on last year's Actual Expenses provided below and the expected changes for each of the expense categories. Without additional data, assume even spread over the twelve months

What will be the impact of the inventory control problem : What specific actions should the company take in the area of inventory control? Support your recommendations with conceptual and economic analysis

How can credit terms be used in marketing : How can credit terms be used in marketing?- How can you influence the payment for your products? Is there any risk to extending credit?

What would be the consumer surplus : Big Top is the only circus in the nation. Table 2 sets out the demand schedule for circus tickets and the cost schedule for producing the circus.

Organization evaluates itself on the wrong things : What happens when an organization evaluates itself on the wrong things? How can this happen and how can organizations work early on in the process to avoid or minimize the issues?

What factors would determine the size of your target market : You have been hired as a market researcher for a chain of hair salons. How will you go about obtaining information regarding the product mix your firm should offer?

Reviews

len1297935

12/2/2016 1:58:42 AM

NB: ITS PROCUREMENT AND SOURCING MODULE. I DONT MIND IF YOU ANSWER IT IN A REPORT STYLE RATHER THAN ANSWERING IT BY QUESTIONS. Please check assignment carefully and confirm only if you are 100% sure about authentic and right solution. If you have any query, please ask before confirming the assignment.

Write a Review

Required(*) Message

User Account

All Pages

What will be the impact of the inventory control problem

Reference no: EM131297935

Reference no: EM131297935

Questions Cloud

Reviews

len1297935

Write a Review

Supply Chain Management Questions & Answers

Supply chain network design for cwc

Criteria when making new location decisions

Draw the project network

Compare and contrast economic - market, and relevancy

Brushing up on inventory control

Supply chain strategy

What is the economic order quantity for fans in units

What factors reduce the capacity of the organization

What is the total annual cost

Supply chain management questions

Explain the supply chain management concept

How warehouses can add value in the supply chain

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT