Name the phases of production planning and control (PPC). Write down the objectives of PPC.
How are inventory levels monitored in retail stores?
Kincaid Memorial Hospital uses 100 syringes of a particular style each day, 365 days per year. The distributor of this product offers the price schedule as in Table 2(c). The cost to hold an item in inventory for a year is estimated to be 30 percent of its cost, and the order cost for this item is estimated to be $15 per order. Determine the most economical quantity to buy each item this syringe is purchased. Assume the minimum inventory is zero.
Table 2(c)
What is meant by reverse engineering? When it is required?
Explain the concept of line balancing and how this concept relates to that of a bottleneck.
What are the characteristics of JIT partnerships with respect to suppliers?
PT Adidan wants to produce 360 pairs of shoes in 10 hours/shift in a day. Draw a precedence diagram and assign tasks to workstations shown in Table 7(c). Calculate the balance delay and efficiency.
Table 7(c)
Usually steam power plants are located beside a river. Do you thing, the location is appropriate? Justify your answer.
In a product layout, space for in-process inventory is always kept narrow. How could you over the limitation using process layout?
Two office manager for the Metro Life Insurance Company orders letterhead stationary from an office products firm in boxes of 500 sheets. The company uses 6500 boxes per year. Annual carrying costs are 3perbox,andorderingcostsare3 per box, and ordering costs are3perbox,andorderingcostsare28. The following discount price schedule is provided by the office supply company:
What is the best purchase quantity?
The following figure shows the BOM of A
[ A ] | +-------+-------+ | | | [ B(1) ] [ C(2) ] [ D(1) ] | [ B(1) ]
MPS of the product A requires 100 units in week 3, 200 units in week 4, 50 units in week 5, and 150 units in week 6. Following table shows the information of item B, C and D.
Develop MRP for the item B, C and D.
What is meant by ABC analysis in the inventory management?
What is unit load concept? What are the advantages and disadvantages of unit load concept?
Write down the functions of inventory. List the benefits of inventory control.
The Wizard Computers purchases 5000 hard drives per year for use in its computers. Each order costs $70.00. The inventory holding cost is 25% of the unit price. The supplier has provided the following price list. What would be the best order quantity?
What are the objectives of supply-chain management?
What are the major functions of Inventory? What is meant by opportunity cost of Inventory?
Emery Pharmaceuticals uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. Emery uses 800 pounds per month of the chemical. Estimate the holding cost of 50% of the purchase price, and estimates order costs to be $50 per order. The cost schedules of two suppliers are as follows:
Vendor-1
Vendor-2
When an accounting firm audits a corporation, the first phase of the audit involves obtaining "knowledge of the business". This phase of the audit requires the activities in bellow Table. Draw the project network and determine the critical path for the network, the total float and free float for each activity.
The plumbing supply company received the following price schedule for a valve from its supplied:
Annual demand is estimated at 6000 valves, and ordering cost at $10 per order. If annual holding cost is 20% of per unit purchase price. What is the best purchase quantity?