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What is utility of materials requirement planning second to manufacturing operations?
It is evolved by MRP-I. A system which incorporates not only material needs, but all manufacturing resources as like various labour types, machine types and another manufacturing resource needed for the type and number of products involved. This could even produce the budgeted cost for every batch or unit of product involved aiding effective production control, planning and cash-flow management. A helpful capability is to answer "what-when" questions.
What are the assumptions of Economic Order Quantity? Assumptions of Economic Order Quantity (EOQ): a. The stage of customer demand is identified b. The stage of customer
Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table: Alternativ
Describe three major important roles of entrepreneurship in the American economy.
The Ambrosia Bakery makes cakes for freezing and subsequent sale. The bakery, which operates five days a week, 52 weeks a year, can produce cakes at the rate of 116 cakes per day.
Smucker's has multiple product lines. Explain how well they fit with each other. Please give sources.
Explain the specification of lead time. Lead Time has: (i) Time to place the order and to process the enquiries. (ii) Time to send the order to the supplier. (iii) Ti
I was previously on student of fortune. Can anyone help?
Type your question here to what extent are Michelle Rhees changes consistent with the practical lessons derived from equity theory? Explain.
The graphic design shop where you work as the Account Manager is doing well. Just last year, the owner hired three new designers and a receptionist, bringing the total number of em
On day 51, a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the SV, CV, and CPI for the project. What is your assessment of the he
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