For effective planning and control decisions, managers must focus on the following A. Continuous improvement and benchmarking B. Key success factors C. Value chain and supply chain analysis D. Sustainability
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A: The most often used decision factors in collective planning in manufacturing are as follows:…
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A: Matching supply and demand This is important as the two must match up for a company to run…
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A: Benchmarking is a technique or a quality tool which is used to compare the key business metrics and…
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A: Order qualifiers are customer specifications that are dependent on price, cost, delivery, and other…
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A: Answer 1- Classification of objectives and their measures- 1. Increase revenue from new products-…
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A: Option "D'' is correct. (Executive positions at Dick's Sporting Goods are predominantly held by men)
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A: To provide a variety of excellently crafted, well-designed, and long-lasting home furnishings at…
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A: The term balanced scorecard (BSC) alludes to a strategic management performance metric used to…
Q: Demand Planning - Which of the following is an example of a micro forecast input? Customer…
A: Micro Forecast input: A micro forecast is defined as Company or management may…
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A: Forecasting is the process of predicting the future demand based on the previous data and demand.
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A: Small Introduction about customers A customer is a person or company that purchases goods or…
Q: Pinky Ice-cream ltd. is an ice-cream company that is located in the city of Palma and has branches…
A: Transformation Process A transformation process is any action or gathering of exercises that takes…
Q: -The city of Seaview operated at an $ 543,000 surplus this year. The surplus suggests that the…
A: The city of Seaview operated at an $ 543,000 surplus this year. The surplus suggests that the…
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A: Option 2 is correct, The reason is that tactical or middle management planning emphasizes the…
Q: operations research 2 The following is the payoff profit matrix for two alternate plans: FUTURES…
A: Note: - Since we can answer only up to three subparts we will answer the first three subparts here.…
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A: Strategic alignment is a process that ensures an organization's structure, use of resources and…
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A: LCA - It refers to the methodology for assessing environmental impact associated with all the stages…
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A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: Logistics refers to the general course of overseeing how assets are obtained, put away, and moved to…
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A: strategic level planning is an authoritative administration movement that is used to set needs,…
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A: Strength Weaknesses 1. Excellent employees who are well-trained and extremely customer-focused.…
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A: Major tools used for industrial analysis are : Porters 5 forces Ansoff matrix BCG matrix PESTLE…
Q: Imagine that you are a distribution manager of Chaldal, an online grocery. You are responsible for…
A: Below is the solution:-
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A: b. Being aware of opportunities and strengths.
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A: A simple but well-known heuristic approach is the grid technique. It helps to assess a low-cost…
Q: Understand how forecasting is essential to supply chain planning.
A: Forecasting is the process of identifying the demand accurately for future production planning and…
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A: A red ocean strategy involves competing in ventures that are right now in presence. This frequently…
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A: Note: - Since we can answer only up to three subparts we will answer the first three subparts here.…
Q: 7) What is a decision tree and describe how it is used in relation to expected monetary value…
A: A decision tree is a tool that represents the attributes of an event, its consequences, costs, and…
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- What are quality standards and how to guarantee your company has reached them? QUESTION 2:What are the four flows within the corporate environment, which are tried to optimize through logistics? QUESTION 3:Describe supplier selection and evaluation process. QUESTION 4:What are the differences between local and global sourcing? Explain also in which situations either of the options are preferable. QUESTION 5:What is demand forecasting and why it’s vital to the company’s operations? QUESTION 6:Explain the purpose, methods and the outcome of good customer service process. Your answer must be at least 1-2 pages.Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?Week 5Discussion 1Sustainability is an important ethical and environmental issue in purchasing. Describe one material, product, or service that can contribute to sustainability in a project you have been involved with, or in your current organization. Describe how these decisions enable the organization to avoid violations in terms of environmental issues. Respond to at least two of your classmates’ postings.Discussion 2Personal liability is a serious issue in purchasing and supply management. Provide details from the text or your personal experience where a supply officer or project manager has been held personally liable for conditions of a contract. Comment on how you will proceed in the future to avoid any personal liability for contracts if at all possible. The text provides excellent examples that can be researched starting on page 311. Respond to at least two of your classmates’ postings
- 1. A hotel tries to reduce the perishability of its services by selling last minute inventory at a highly discounted price. This technique presents threats to a company’s: A. Brand image B: Variability of services C: Relationships with suppliers D: Human resources turnover 2. Sometimes, hotel and airline companies upgrade guests to higher-end services. For such services, there are not a lot of word-of-mouth, reviews, or pictures available. For example, a hotel may upgrade a guest who paid for a regular room to a suite in order for the guest to experience an upscale product that the customer does not purchase often, but may purchase in the future. This situation, where a guest may experience an unfamiliar upscale service for the first time, is likely to result in a __________ in the __________ of services. A: increase, intangibility B: reduction, intangibility C: reduction, variability D: increase, variability 3. In hospitality and travel industries, customers and frontline…Provide FOUR (4) KPI and the corresponding tool(s) that can be adopted by Baros to monitor the productivity, efficiency, quality and flexibility of its business. Explain how each index is applied in Baros.4. What is demand and what are the approaches/classifications we are studying? Mention them.
- 1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above PS: OPTION D INCORRECT 2.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above PS: OPTION B INCORRECTQ1. Identify and describe 6 elements of six sigma in relation to operations management Q2. Analyse the six sigma approachof DMAIC in relation supply chain management"Home loan clients taking strain as average instalment rockets by 38% in a year, says Absa". Accreditation 07 May 2023 By Londiwe Buthelezi News 24 Based on the above headline, explain factors that would need to be considered in evaluating applications for Real Estate Loans / Home Loans.
- 4. Differentiate between standardization and normalization. Support your answer bymentioning one example of each.The following data are pulled from a recent HealthPlus Manufacturing Co. annual report. ASSETS (in $1,000) Raw material inventory $15 Work-in-process inventory $5 Finished goods inventory $30 Property, plant & equipment $50 Other assets $100 Total assets $200 Condensed Income Statement (in $1,000) Revenue $500 Cost of goods sold $100 Other expenses $100 Net income $300 What is the % of assets tied to inventory? а. 75% O b. 50% С. 25% O d. 33.3%How is the planning at JYSK? Planning:Consists of the processes necessary to strategically operate an existing supply chain.