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- 1.The managers of Kai’s Catering want to increase the number of events booked by 20%. To accomplish this, a(n) ________ was established to include clear weekly targets for number of deposits received. Multiple Choice means-end chain operating plan strategic plan scenario analysis 2. Prior to Apple’s debut of the iPhone, Microsoft was also working on a revolutionary smart phone. Microsoft was already one of the world’s leading technology companies with thousands of engineers and designers with hundreds of millions of dollars for their R&D budget. Despite having a solid strategy and adequate resources, Microsoft derailed cross-departmental cooperation, perpetuated unhealthy competition among its employees, and ultimately Multiple Choice closed the business due to a labor strike. failed to implement its strategy. developed a competitive advantage in smart phones. fired Bill Gates. 3. You receive a memo that reads as follows: “In recent months, our customer evaluations have…Essentially, the planning of the purchasing and supply chain function entailsmanaging the function for the future. Outline the purpose of the three levels of management within the context of the purchasing and supply chain function. (10)1. Inventory management for a tyre company? 2. Process management for a tyre company?
- The term in the airline industry may be used to refer to s situation where an empty seat is recorded on a flight. Select one: a. Marginal cost b. Overhead cost c. Marginal loss d. Revenue loss Widner Industries reports annual sales of Ghc160 million, cost of goods sold of Ghc120 million, inventory of Ghc20 million, and net income of Ghc5 million. What is Widner's annual inventory turns? Select one: a. 8 turns per year b. 6 turns per year c. 0.17 turns per year d. 4 turns per yearA fireworks competition is happening in Sydney this November. An entrance fee of $8.00 is required for spectators who want to have a great view of the competition. However, residences near the competition can also watch the firework displays even without paying for the $8.00 entrance fee. 1. Fireworks display is considered a common good. 2. Fireworks display is non-excludable and non-rivalrous. 3. Fireworks display is non-rivalrous but excludable. Which of the above statements are true? Only 1 is true. Only 2 is true. Only 3 is true. Both 1 and 2 are true. Both 1 and 3 are true.Discuss the advantages and disadvantages of each of the following features ofjust-in-time:b. Integrated purchasing and inventory control.
- Q4) A manufacturer provides specialized microchips. During the next 3 months its sales, costs, and available time are shown in the table. Month 1 Month 2 Month 3 There are no chips in stock at the beginning of the first month. It takes 1.5 hr of production time to produce a chip and costs $5 to store a chip from one month to the next. Determine a production schedule that meets the demand requirements, does not exceed the monthly production time limitations, and minimizes cost. Note that no chips should be in stock at the end of the 3 months. Use fmincon. Chips required Cost regular time ($/chip) Cost overtime ($/chip) Regular operation time (hr) Overtime (hr) 1000 100 110 2500 100 120 2200 120 130 2400 2400 720 2400 720 720D. Purchase requisition. 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 The key document that contain information relating to a particular job is calledeconomics of using mechaniz The following are the different phases in the analytical approach and process. Ind k. Establishment of budgetary c h Evaluation of the applicability Preparation of accounting syt d. The primary purpose of MAS is to improve the client firm's use of its capabal Exercise 2: Classification of Services and finance funetions: a Job evaluation and administration Industrial engineering e. Development of management-oriented accounting reporting system d Operations research e Investment management E Development of compensation programs g. Management or operations audit equipment i. and procedures manual i Revision of pension plans of 1. Marketing Cost reduction studies m. Exercise 3: Phases in the Analytical Approach and Process the sequence in which they are performed by writing the corresponding number of If it is not included, write NA. Advising and providing technical assistance in implementing recommendations Seeking and identifying objectives Evaluating and…
- 2. managing inventories are under a. operations function b. system designs function c. types of operation d. role of operation managerAssume that you are the manager of a shop that assembles power tools. You have just received an order for 53 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering. (Leave no cells blank - be certain to enter "0" wherever required.) Item: E(3) & E(2) LT = 1 wk. Beg. Inv. 1 2 3 4 5 6 7 8 Gross requirements Scheduled receipts Projected on hand Net requirements Planned order receipt Planned order release1. Supply Chain focuses only on the physical movement of material and supplies Select one: a. False b. True 2. One of the other departments or functions within an organisation is referred to as servitization. Which of the following statements describes servitization. Select one: a. A transformation process wherein production organisations embrace a service orientation and/or develop more and better services b. Selling the goods or services of the organisation c. Purchasing raw materials, machinery and equipment for the organisation d. Providing management with the relevant information that will enable it to manage effectively and efficiently 3. For each supply chain driver, managers must make tradeoffs between Select one: a. Efficiency and responsiveness b. Costs and benefits c. Time and responsiveness d. Cost and performance e. Value addition The Certainty in decision environment of strategic decisions alludes to: Select one: a. Costly…