Assignment 1- 460- TME2 94

Answer 12.7a-c Please show detailed calculations or software output

Please do not give solution in image format thanku Opening Stock: 120 units   Desired Closing Stock : 1200 units   Back order Costs : $ 100/ unit   In-house production costs : $ 60 per unit   Subcontract Production costs : $ 81 per unit   Inventory Holding costs : $ 15 / unit/ month   Production Capacity: 30 units per month per worker   There are currently 150 workers employed   Hiring Costs 500$ per worker   Firing Costs 1000$ per worker   Month 1 2 3 4 5 6   Demand forecast 3780 5040 6720 5460 5040 4200   What is the cost for following Level, Chase and Subcontract strategies?

13 Lead time is the time gap between ordering and receiving the materials and products. Select one: a. False b. True

Each Triam Deluxe gamer computer system consists of two speakers, a monitor, a system unit, a keyboard, and an installation kit. These pieces are packed together and shipped as a complete kit. In MRP terms, all of these items are level 1 items that make the level 0 kits. Complete the MRP records, using the following information: • Production plans for complete kits are as follows: Start assembling 4,500 kits in week 2 Start assembling 1,000 kits in weeks 3, 4, and 5 Start assembling 8,000 kits in week 6 • The gross requirements for the system unit have already been given to you. For the remaining items, you will need to figure out the gross requirements. • All scheduled receipts, lead times, and beginning inventory levels are shown. Click the icon to view the MRP records. Construct the material requirements plan for item System unit (enter your responses as whole numbers). System unit: Lead Time = 1 week; Minimum order quantity = 3,500 Week 1 2 3 Gross requirements 4,500 1,000…

What is one important advantage of a Make-To-Stock process? Group of answer choices Can respond quickly to customer demand Creates greater flexibility Less likely to have obsolete inventory More environmentally sensitive

5. Which of the following is NOT a benefit of just-in-time processing? Group of answer choices Enhanced product quality. In increase of inventory balances. Production cost savings. Reduction of rework costs. No answer text provided.

Multiple choice need help in completing question 8 and 14. 8. The just-in-time inventory system increases:         a. Centralized support         b. The number of costs to allocate         c None of these are correct 14.Costs incurred due to reduced product yield are:      a. Appraisal costs      b. Internal failure costs       c. External failure costs

Answer part a only, due to its complexity, please deduct two of my question's quota

Rick DeNeefe, manager of the Golden Valley Bank creditauthorization department, recently noticed that a majorcompetitor was advertising that applications for equity loanscould be approved within two working days. Because fastcredit approval was a competitive priority, DeNeefe wantedto see how well his department was doing relative to thecompetitor’s. Golden Valley stamps each application withthe date and time it is received and again when a decision ismade. A total of 99 applications were received in March. Thetime required for each decision, rounded to the nearest hour,is shown in the following table. Golden Valley’s employeeswork 8 hours per day a. Draw a bar chart for these data.b. Analyze the data. How is Golden Valley Bank doing withregard to this competitive priority?

The tasks of a purchasing department in an organization include a. Processing requisition for materials and supplies Ob. Locating suppliers or vendors OC. Negotiating purchasing contracts Od. All of these

When backing up the data base of the LIS, where should the backup disc/tape be stored? In the computer room in a sealed cabinet In a sperate room in the laboratory Outside the laboratory Not required.

Name four important items of information that should be ona typical purchase order.

A cost that changes with the level of output is called a(n) _____.​   Question 41 options:   a)  ​liquid cost   b)  ​independent cost   c)  ​variable cost   d)  ​indirect cost

Product categories usually listed in the master production schedule contain all of the following except:   Question 7 options: a. firm customer orders b. sales forecasts c. spare parts d. production rates

For managers to make decisions, they need to look at data over a long period of time. This type of data is called historical data. Most data mining techniques use historical data to build “knowledge” out of it. What type of requirement is historical data? Select one.   Question 5 options: A Nonfunctional Requirement B Functional Requirement

Which of the following is not a fixed order cost? ( ) Administrative costs incurred to place an order ( ) Shipping cost incurred to ship an order ( ) Labor cost incurred to receive an order ( ) Supplier's packaging cost ( ) none above

K The demand for subassembly S is 130 units in week 7. Each unit of S requires 1 unit of T and 2 units of U. Each unit of T requires 2 units of V, 1 unit of W, and 1 unit of X. Finally, each unit of U requires 1 unit of Y and 3 units of Z. One firm manufactures all items. It takes 2 weeks to make S, 1 week to make T, 2 weeks to make U, 2 weeks to make V, 3 weeks to make W, 1 week to make X, 2 weeks to make Y, and 1 week to make Z. Click the icon to view the product structure and the time-phased product structure. Click the icon to view the on-hand inventory. Suppose that in addition to 130 units of S, there is also a demand for 20 units of U, which is a component of S. The 20 units of U are needed for maintenance purposes. These units are needed in week 6. Additionally, a new order has been received for 80 units of S due in week 8. Modify the net material requirements plan to reflect these changes. Construct a new net material requirements plan (enter your responses as whole numbers).…

Consider the following information. PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 100 Q = 60, LT= 3 weeks, Safety Stock = 5 1 70 70 PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 100 Planned Order Releases 1 70 70 100 2 0 > X WEEK 3 40 Compute the planned order releases and projected on-hand inventory for component part X. Round your answers to the nearest whole number. If your answer is zero, enter "0". 2 0 4 0 100 WEEK 3 40 5 160 60 4 0 40 0 X 5 160 Check My Work -60 0

Q6) Tracking signals    track changes in control limits can lead to an increase in cumulative errors can capture changes in trends track changes in demand updates none of the above     Q7) In an inventory problem, the fixed ordering costs are increased but all other factors remain the same. This change will   increase the optimum order quantity change the demand pattern reduce the optimum order quantity change the stockout costs increase the optimum lead time   Q8) In an MRP system, the lead time to acquire or produce components is used in calculating    net requirement from gross requirements net requirements from available planned order releases from planned order receipts lot sizes for scheduled orders none of the above

Answer part b only, due to its complexity, please deduct two of my question's quota

I need just question 6 (a,b,c)!

Question-1- Please read the scenario below and answer the questions. The maximum word-count limit of each answer is 200 words. Mention separate heading for each part.   Controlling inventory is one of Wheeled Coach’s toughest problems. Operating according to a strategy of mass customization and responsiveness, management knows that success is dependent on tight inventory control. Anything else results in an inability to deliver promptly, chaos on the assembly line, and a huge inventory investment. Wheeled Coach finds that almost 50% of the cost of every ambulance it manufactures is purchased materials. A large proportion of that 50% is in chassis (purchased from Ford), aluminum (from Reynolds Metal), and plywood used for flooring and cabinetry construction (from local suppliers). Wheeled Coach tracks these A inventory items quite carefully, maintaining tight security/control and ordering carefully so as to maximize quantity discounts while minimizing on-hand stock. Because of long lead…

Question-1- Please read the scenario below and answer the questions. The maximum word-count limit of each answer is 200 words. Mention separate heading for each part. Controlling inventory is one of Wheeled Coach’s toughest problems. Operating according to a strategy of mass customization and responsiveness, management knows that success is dependent on tight inventory control. Anything else results in an inability to deliver promptly, chaos on the assembly line, and a huge inventory investment. Wheeled Coach finds that almost 50% of the cost of every ambulance it manufactures is purchased materials. A large proportion of that 50% is in chassis (purchased from Ford), aluminum (from Reynolds Metal), and plywood used for flooring and cabinetry construction (from local suppliers). Wheeled Coach tracks these A inventory items quite carefully, maintaining tight security/control and ordering carefully so as to maximize quantity discounts while minimizing on-hand stock. Because of long lead…

Draw a flow chart depicting the ordering process for delaing with telephone orders at One Book-Music Store

43) Which of the following is not an inventory of a manufacturing organizations? a. Machinery b. Work in progress c. None of these d. Finished goods

Figure shows a partially completed MPS record for 2 inch pneumatic control valves. Suppose that you receive the following orders at right for the valves (shown in the order of their arrival). As they arrive, you must decide whether to accept or reject them. Which orders would you accept for shipment?Order          Amount (Units)           Week Requested1                                15                                        22                                30                                        53                                25                                        34                                75                                        7

Time Remaining 1 hour 18 minutes 8 seconds 01:18:08     Item 10   Time Remaining 1 hour 18 minutes 8 seconds 01:18:08 Digital capabilities that make possible a highly interactive and individualized information and exchange environment for shoppers and buyers is referred to as Multiple Choice   customization.   customerization.   communication.   convenience.   connectivity.

26. “Product” means: A) a physical good with all its related services. B) the need-satisfying offering of a firm. C) all of a firm’s producing and distribution activities. D) a well-packaged item with a well-advertised brand name. E) all the services needed with a physical good. 27. A “product” might include: A) instructions. B) a service which does not include a physical good at all. C) some physical item and its related features. D) a brand name, a package, and a warranty. E) All of the above. 28. A product assortment is: A) a particular product within a product line. B) a set of products that are closely related. C) the set of all product lines and individual products that a firm sells. D) something offered by manufacturers but not by retailers. E) None of the above. 29. Which of the following is NOT one of the consumer product classes discussed in the text? A) Imitation products B) Shopping products C) Convenience products D)…

Experiment1: application of excel 2010  (if you have EXCEL installed on your computer) Requirement: create a pivot table and chart in excel 1. pivot table (1) basic data Please paste the table header and 1-2 rows of the data, and explain the meaning of the data. (2) pivot table Please paste the pivot table here. (3) function of this pivot table Please explain the pivot table that you have created, what is the function of the result.   2. chart (1) basic data As above (2) chart Please paste the chart here, and tell me which type of chart you have used. (3) function of this chart Please explain the chart that you have created, what is the function of the result.   its management information system lab