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When a firm is able to move to an assemble- To- Order capability from a make -To- Stock approach, there can be a substantial reduction in the number of things that must be tracked and stored. For example, the Northland Computer Shop had decided to stop stocking assembled computers and moved to an assemble? To order approach. Northland even invited customers to the work area to see their computer being assembled, a great customer relations ploy. The company estimated that there were seven hard disk choices, six mother boards (including the processor), five CD/DVD alternatives, three operating systems, and four other options. If it costs $10 per item to make a forecast each week, what is the weekly savings from forecasting just the components and options as compared to the potential number of finished products?
Describe line and staff organisation. Line and Staff Organisation: As the industry grow in size and complexity, the line executives could not perform appropriately all other
Discuss the differences between utilization and efficiency as measures of system performance. Which (if any) is the most useful measure for an operations manager? Why?
Elements of Production Control 1.Control of the Planning: Assure receipt of latest forecast data from sales and production planning bill of material data from product engineer
Discuss culture, values, ethics, and other such elements that lead to differences in social culture; 2) Explain the business and economic implications of differences in culture and
What are some ways in which accounting for health care organizations (HCOs), especially not-for-profit (NFP) ones, tends to differ from accounting in other industries?
1. When Apple introduced iTunes, a new market was opened. Which of the following describes this type of innovation? a. Value capture b. Presence c. O
Explain principles of delegation The Principles of Delegation are as follows:- (i) Parity in between responsibility and authority - There must be complete parity between
An electronics firm is currently manufacturing an item that has a variable cost of $.50 per unit and a selling price of $1.00 per unit. Fixed costs are $14,000 per month. Current d
Describe the categories of problems that have been found to be approached by Six Sigma methodology Type your question here
(a.) Give an example (with justification) of a product for which EOQ ordering is more sensible (i.e., more economical) than JIT ordering. (b.) What is lead time ? What wou
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