501/502 Case Study

Florida’s construction defect statutes, F.S. 558.001 was created to set up procedures to reduce the caseload and resulting costs to the state for the Florida Courts. In 2003, a statutory procedure was put in place requiring residential construction owners to meet certain requirements before they could be entitled to file a lawsuit or a demand for arbitration due to construction defects. The requirements included a notice of defect and opportunity to cure procedure. Later, in 2006, the statute was amended again to include all construction and not just residential.

Governor Greg Abbott vetoed bills passed on the last regular session of the Texas Legislature on June 21, 2015. Three of the bills that had passed legislation, were vetoed by Governor Greg Abbott, the bills are listed as HB 1855, SB 496, and HB 499.

I believe that the dilemma is simple: a student challenges the school official authority. I said simple because not for the dilemma’s complexity rather for the regularity with which a young behave in a rebellious manner.

We began our analysis by searching for bottlenecks that existed in the current system. It was easily identified that major issues existed in the ordering process. Without calculations, you could tell the reorder point was too low since the historical plots showed inventory levels at zero for two or more days at a time. The number of jobs in customer orders showed correlating spikes at the same time of the inventory outages. We reviewed the utilization and queues of the other stations in the system but were hesitant to make in immediate changes since we were not entirely certain the effects of correcting the inventory policy.

Review the range of groups and individuals whose communication needs must be addressed in own job role.

The actions I took in attempts to reduce or better yet, eliminate the issue of overabundant product inventory, included making my shipments larger so that stores where there was low inventory product could retain a normal or slightly more of the product to reduce risk of shortage. Due to making my shipments larger I added an additional truck to assist in getting the product inventory from the warehouse to the stores.

(i.e. products that they get to order only once because of long supplier lead times). First they determine a forecast for an item and then they have a process for converting that forecast into an order quantity.

In order to meet both of Northcutt’s objectives of reducing inventory and increasing service levels, Northcutt should implement a continuous review system to manage inventory. Based on the calculations provided in question 2 of the appendix, managers at Northcutt will need to set the reorder point for part FB378 at 118 units and 296 units for part GS131 for the

For our warehouse, we needed to establish a reorder point. If our reorder point was too low the warehouse will see that we reached our benchmark and call the factory to shut down. To ensure that this case would not happen, we set the reorder

Inventory Management- The entire supermarket must be working closely on inventory management so the perfect amount of inventory is always on hand. As I mentioned before, too little of a product results in loss of sales and unhappy customers, but too much is a waste of resources.

This then translates to a 50% chance of not having inventory available during job opportunities. Therefore, opportunity costs might occur. The indifference of the production managers' in these aspects of inventory control is alarming and should be acted upon.

1.What parts of the supply chain are most closely involved with the situation in this case? What is the responsibility of each part in order to maintain smooth flow of material?

1. What parts of the supply chain are most closely involved with the situation in this case? What is the responsibility of each part in order to maintain a smooth flow of material?

If the operation have not reordered all the goods they need, this can lead to irritated customers and lower revenue for the operation.

are flown out in short notice. It’s the operations Managers responsibility to ensure that the warehouse is stocked with necessary items; transporters are ready to dispatch items at short notice. The entire logistics operation is critical to ensure effective and timeous relief and supply distribution.