16. Briefly describe the following methods of purchasing, specifying an example of the type of foodservice organization likely to utilize each one, and give one advantage for each method. DESCRIPTION FS TYPES ORGANIZATION Independent Centralized Group Warehouse JIT ADVANTAGES
Q: The MPC system at "Advanced Manufacturing Components" company is run weekly to update the master…
A: Find the given details below:Please note that, in our calculations, we made some changes in the…
Q: determine.... What strategies can organizations use to manage project risks effectively within their…
A: A collection of procedures known as a project management framework aids project managers in…
Q: Management Firm is a consulting company that specializes in the development of decision support…
A: Time (Weeks)ActivityDescriptionImmediate PredecessorOptimistic (a)Most Probable (m)Pessimistic…
Q: When a researcher is working to be sure there is consistency with that which is beingmeasured,…
A: The objective of the question is to identify the term that refers to the consistency of a measure in…
Q: A company wants to forecast demand using the weighted moving average. If the company uses three…
A: The objective of the question is to calculate the weighted moving average forecast for the year 2017…
Q: a 45 year old patient was under doctor care for the past twenty years for chronic arthritis, trying…
A: The objective of the question is to discuss the issues of manufacturer's liability and negligence in…
Q: How do organizations manage excess and obsolete inventory effectively?
A: Inventory management is an essential part of supply chain management. It involves keeping track of…
Q: How do organizations navigate the intricate balance between maintaining optimal inventory levels to…
A: Businesses may determine which goods, in what quantity, and at what time by using inventory…
Q: The Operations Manager at the TerraCycle London Recycling Centre is currently strategizing for The…
A: Machine failure rate refers to the frequency with which a machine malfunctions or breaks down during…
Q: begi year, depart stor been recording sales data to be used to compute 4-period moving averages to…
A: Assume that:Sales = AFor Forecast of October =
Q: false
A: Operation management is a process that involves shaping, running, and maintaining processes which…
Q: State three (2) strengths and three (2) weaknesses of focus interviews
A: The objective of this question is to identify three strengths and three weaknesses of focus…
Q: Explain, How do organizations manage scheduling conflicts between different departments or…
A: Operations planning entails scheduling of resources, tasks, and work to be completed within the…
Q: Introduce what five leadership skills are most important for successful leaders to demonstrate.…
A: The first important leadership skill is Communication. Communication is the ability to convey…
Q: 2. If the NCAA licenses O'Bannon's image for (hypothetically) $1 million dollars and UCLA awards…
A: The question is asking whether the compensation provided to O'Bannon, in the form of a full cost of…
Q: Examine any four (4) reasons for conducting a literature review.
A: The objective of this question is to understand the importance of conducting a literature review and…
Q: Discuss the relative merits of internal versus external recruitment. Give an example of a situation…
A: The objective of this question is to understand the advantages of internal and external recruitment…
Q: What is throughput time of this process? A 12.8 min B 10.75 min C 19.00 min D 31.00 min E 22.50 min
A:
Q: Discuss the role of feedback loops in the rapid prototyping and concurrent design process.
A: A feedback loop is a procedure where a system's outputs are fed back into the system as inputs. In…
Q: What is sometimes called a mass production
A: Production, at its core, is the modification of resources into useful goods or services. It's the…
Q: Analyze.. How can companies use market research to validate and refine their value propositions?
A: Market research serves as a valuable tool for companies seeking to validate and refine their value…
Q: Introduce what five leadership skills are most important for successful leaders to demonstrate.…
A: The first important leadership skill is Communication. Communication is the ability to convey…
Q: North Platt Machinery Company manufactures a shaft that must fit inside a sleeve. The firm has just…
A: The details related to a shaft that must fit inside a sleeve are given below:The diameter and the…
Q: The vice president of accounting says to you, the IT director, “This request procedure takes too…
A: The Vice President of Accounting advises bypassing standard request channels. This involves issues…
Q: Centerville Bikes and Stuff (CBS) sells motorcycles and accessories. The number of helmets sold by…
A: Naive forecast- Here we use current period’s data as next period’s forecast. The naive forecast will…
Q: QUESTION 1 Assuming 520 hours in the quarter, calculate the hourly wage for job levels 2-5 and the…
A: The objective of the question is to calculate the hourly wage, benefits, total compensation, and…
Q: Describe,, How do inventory control policies impact a company's cash flow and profitability?
A: Inventory control is the process of arranging and overseeing the distribution, storage, management,…
Q: Apple's stock price has performed very well over the last decade. In May 2016, Apple stock dropped…
A: For week 54, the stock price of Apple will be $ 150.43 per share.Explanation:In order to solve the…
Q: Supply chain is one of the important aspects for a organisation that want to scale.
A: The supply chain serves as a foundational component for organizations seeking to scale their…
Q: All airplane passengers at the Lake City Regional Airport must pass through a security screening…
A: Given data:Arrival rate (λ) = 8 passengers per minuteService rate (μ) = 5 passengers per minuteThere…
Q: Discuss, What are the key considerations in designing and managing service delivery processes in…
A: Operation management is an aspect of management that deals with the management of the production,…
Q: Discuss the role of knowledge management in organizational capacity building.
A: Knowledge management (KM) is instrumental in enhancing organizational capacity by facilitating the…
Q: Briefly explain two types of observer roles in research data collection.
A: The objective of this question is to understand the two types of observer roles in research data…
Q: Discuss the relative merits of internal versus external recruitment. Give an example of a situation…
A: The objective of this question is to understand the advantages of internal and external recruitment…
Q: A large Southeast city is requesting federal funding for a park-and-ride project. One of the…
A: Find the Given details below:
Q: Please help with correct answers in details: Step by step
A: Let's first recap the solutions obtained for each part of the problem:Optimal…
Q: Each day, the production manager is faced with the problem of how many of each type of product to…
A: Linear programming helps us to find the optimal solution/best outcome, given the constraints. We…
Q: The following linear programming formulation is for a transshipment problem. Min 11x13+ 12x14 +…
A: Min11x13+12x14+10x21+8x34+10x35+11x42+9x45+12x52s.t.x13+x14−x21≤5x21−x42−x52≤3x13−x34−x35≤6−x14−x34+…
Q: explain the key components of operations planning in a manufacturing environment.
A: Operations planning is a critical aspect of manufacturing management, involving the strategic…
Q: Strategic management is the process of formulating, implementing, and evaluating long-term…
A: Strategic management, in other words, refers to a total of all ways including planning,…
Q: How do ethical frameworks influence human actions? How do morals and values differ from ethics?
A: Ethical frameworks play a significant role in shaping human actions by providing guidelines and…
Q: Q2 Please help with correct answers in details: Step by step. Last submission got incorrect answers.…
A: Step 1: Determine the earliest and latest start and finish times for each activity- For Activity A,…
Q: Question 1. Narrow the focus of each of the following broad topics so that they each signal the use…
A: The objective of the question is to narrow down the broad topics using the Analysis by Division…
Q: The volume at which Oven A and Oven B have the same cost (crossover point) and Janelle would be…
A: When choosing between alternatives, Cross over point is the point at which the two or more…
Q: h ow can managers ensure that feedback is received positively by employees?
A: Managers play a pivotal role in fostering a culture of constructive feedback within organizations.…
Q: How does production scheduling differ in make-to-order versus make-to-stock environments?
A: The process of deciding when things will be made in order to maximize efficiency and minimize…
Q: State. What are the implications of operations management on cost control and profitability?
A: Operations management, or OM, is the process of managing business procedures to achieve optimal…
Q: The product development group at Landon Corporation has been working on a new computer software…
A: To calculate the probability that the project will be completed within a certain timeframe based…
Q: Introduce what five leadership skills are most important for successful leaders to demonstrate.…
A: The first important leadership skill is Communication. Communication is the ability to convey…
Q: UCLp 0.0332 (enter your response as a number between 0 and 1, rounded to four decimal places). LCLp…
A: where: is the average proportion defective which is 2% or 0.02z is the z-value for the desired…
Step by step
Solved in 7 steps
- What is it called when most customers have to walk a minimal amount of steps to purchase a product? S.O.S (Socially Optimal Solution) B, P.O.S. (Positionally Optimistic Sales) M.E.P (Monetary Equalization Pattern) © C.CA. (Cousin Competition Agreement)Purchasing management can be perceived to be located at the boundary of thecompany’s internal business network and the corporate organization’s externalnetwork. How does the purchasing function bridge these two networks so thatthe company would be able to deliver desired products for its customers anddistinguish the company from its competitors? Describe and discuss thepurchasing management activities that need to be in place to enable this.(1) In any current or previous job, what steps havesupervisors taken to help you understand your role inthe supply chain? (2) How might a manufacturer orretailer use the transparency and traceability affordedby blockchain to promote closer relationships with itscustomers?
- 1A-Distinguish/analysize/identify among cycle, safety, pipeline and speculative stock B-In what ways can inventory turnover provide important insights about an organisations competitiveness and efficiency 2 explain when might a multiclient warehousing management; A-Be appropriate for a company B-Using examples when necessary, discuss the design elements to be considered when using storing hazardous materialsSLO-3.1 The major reason supply management can greatly improve a firm’s return on investment (ROI) is: A) the reduction of post ownership costsB) the reduction of downtime costsC) the reduction of quality costsD) the reduction of acquisition costE) every dollar saved in purchasing is = to a new dollar of profit NEWSLO-3.2 Which of the following is generally not true about supply management and the bottom line? A) Purchased items account for a large percentage of the cost of goods sold. Hence, a reduction in cost of purchased goods has a major impact on the bottom lineB) A Euro increase in sales is equivalent to a Euro decrease in materials cost in impacting the bottom lineC) Outsourcing allows firms to focus on their core competencies, which reduced potential for waste, which then can improve the bottom lineD) A dollar saved in materials cost is usually considered a dollar increase in profit, which directly translates into bottom line savingsE) Supply management can work…4. Who are 401 Games' direct and indirect competitors? How competitive is this industry? Are there any general trends or changes you anticipate for this industry? 5. What is John’s current product mix? What are the options to change that in the future? 6. What is John’s current pricing strategy? Should he change it? Why? What about his place/distribution strategy? What options does he have? 7. What are John’s promotion activities? What else could he do? How effective would that be?
- 1.Supply Chain coversMovement of GoodsMovement of ServicesMovement of Goods and Services2.Supply Chain is betweenCustomer to customerCustomer to SupplierSupplier to supplierSupplier to Customer3.Which one of the below is element of supply chainDistribution ManagementHuman Resorce ManagementFinance Mangement4.What is the goal of supply chainCreate Customer satisfactionCreate Supplier SatisfactionAll the aboveCreate profit5.What is inventoryIt is about stock and its valueIt is about selling of goodsIt is about movement of the goods6.Managing the activities involving the flow of supplies into and out of a company is known as what?Procurement and distributionSCMSupply chainOperations managemet7.Which of the following is involved with supply chain management?GoodsSurveys1MarketingOverhead8.Which of the following is NOT an element of supply chain management?InventoryLaborProductionDistribution and transportation9.Order processing includes the following business processes:picking, packaging,…Discuss one (1) alternative todownsizing using an example from an actual company to justify the use of this alternative. Your example must demonstrate the impact of using this approach and why is was more suitable than downsizing.1.A market will usually be more difficult to enter if there is? a.Patented or proprietary know-how b.Low brand loyalty c.Wide access to distribution channels d.Common technology 2.Which of these situations is likely to cause high bargaining power of suppliers? a.A few large suppliers dominate the market supply b.Many alternative sources of supply c.Resource inputs are not essential to product quality d. Many customers with low brand loyalty 3.Which of these situations is likely to cause high bargaining power of customers? a.A large number of customers b.Full access to information c.The product is differentiated d.None of the foregoing
- Assume that you are the Purchasing Manager recently joined to a manufacturing company which consistswith several functional divisions. You are reporting to the Managing Director of the company. The companyhas been implementing a purchasing strategy with less coordination with the other functional groups withinthe company. Moreover, there has been no coordination with its suppliers. As a qualified person with aMBA in supply chain management, you identified that it is required to do changes in many areas, especiallythe integration and collaboration of functional divisions when developing purchasing strategies. Write aone-page memo to the Managing Director outlining the benefits of having regular meetings between theheads of design, marketing, production and yourself when implementing the purchasing strategy. Indicatethe possible advantages of involving suppliers in the preparation of specifications for bought-out items andon developing new products. Describe at least four benefits of…In an analyzation of the auto industry in the US using Porter's Five Forces (including the level of competition within the industry) riding a bicycle, taking public transportation and walking are examples of items that appear in which ONE of the five forces? Select one: a. Threat of Substitutes b. Bargaining Power of the Buyer c. Bargaining Power of the Supplier d. Threat of New Entrants7) What is the best way for a small hardware store to compete against Home Depot, when Home Depot can charge less for the same products? Select an answer: Focus on customer service, and create relationships. Try to convince Home Depot to close its store. Buy cheaper, inferior products. Try to find suppliers who will charge less for their products.