Chemical plants, oil refineries, liquor producers, pharmaceuticals, and nuclear power plants are examples of _____. Group of answer choices continuous-process production large-batch production unit production mass production
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- “MRP just prepares shopping lists. It does not do the shopping or cook dinner.” Comment.Complete the MPS record below for a single item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: A Order Policy: 100 units Lead Time: 1 week January February Quantity on Hand: 80 Week 1 2 3 4 5 6 7 8 Forecast 65 70 65 45 50 45 45 55 Customer orders (booked) 40 10 90 0 35 75 0 0 Projected on-hand inventory nothing nothing nothing nothing nothing nothing nothing nothing MPS quantity nothing nothing nothing nothing nothing nothing nothing nothing MPS start nothing nothing nothing nothing nothing nothing nothing nothingFind examples of products produced with the different forms found from below. Justify your choises .FORMS OF PRODUCTION •Warehouse driven production/standard production •Order-driven production •Individual production •Serial production •Integrated production •Mass customization•Local production •Production line •Production team •Flexible manufacturing systemQUESTION 4:Write a summarization from the topic of ABC-analysis. Length 1-2 pages.
- Are visible assets easy to imitate in RBVJohn Ozment, director of special projects and analysis for Ozment’s Corporation, is responsible for preparing corporate financial analyses and monthly statements and reviewing and presenting the economic impacts of proposed strategies to upper management. Data for such financial analyses are obtained from operations and financial databases through direct queries of Ozment’s department staff. Reports and charts for presentations are then prepared by hand and typed. Multiple copies are prepared and distributed to various users. The pressure on Ozment’s group has intensified as demand for more and more current information increases. A solution to this reporting problem must be found.The systems department wants to develop a proprietary software package to produce the reports automatically. The project would require the company to make a considerable programming investment. Ozment is concerned about the accuracy, completeness, and currency of data isautomatically produced reports. He has…i was reading this answer and the way its calculated is a longer process then what someone else wrote can you check if ishould use this one that bartleby has given me or the other one: Step 1: Basic Information The question is related to Economic order quantiy Economic Order Quantity is that level of inventory at which ordering cost and handling cost are minimum. It is calculated with the help of following formula Economic Order Quantity = √2RO ÷ C R = Annual Requirment C = Carrying or Holding cost O = Ordering Cost Step 2: Solution Economic Order Quantity = √2RO ÷ C Economic Order Quantity = √2 × 3000 × 20 ÷ 4.25 Economic Order Quantity = √28,235.294117647 Economic Order Quantity = 168.0336100834 pounds R = Annual Requirment i.e.250 × 12 = 3000 pounds per annum. C = Carrying or Holding cost i.e. £4.25 O = Ordering Cost i.e. £20 Quantity to be ordered = 168.03 pounds. Supplier = Vendor 1 should be used as the cost per pound for 168 pounds is £32.25 (as per table…
- 20) Simple product line extensions that do not require changes in the administrative systems are considered diversification a) True b) FalseYour Corporation manufactures four products that use the same raw material and production machine. Your Company is experiencing a shortage of pounds of the raw material. Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, BPlease do not give solution in image format thanku In 2018, the government of Ghana launched operation one district one factory (IDIE). Based on IDIF, Ekumfi Pineapple Factory Co. Ltd (EPF) was launched. In 2019 the management of ERF started production with 100 workers per shift, each of the three shifts working 8 hours per day. Every working day the payroll cost was GHIC 20,000 and overhead expenses amounted to GHC 5000 and material cost GHC 4000. At the end of the first year, the company produced 1,000,000 boxes of pineapple juice. During the second year, EPF acquired a loan from Exim Bank to purchase a new plant. After the introduction of the new plant, the management reduced the size of its workers per shift to 80, each working 8 hours per day, with the payroll cost reducing to GHC 18,000 and overhead expenses also reducing to GHC 4000 and material cost rising to GHC 6000. Production rose to 1,200,000 boxes. Regard yourself as the Operations Manager of EPF: a) What are the…
- Which of the following statements is/are true:Statement 1: Supply chain management involves acquiring and bringing inside the company all of the processes that bring value to customers. Statement 2: A value chain consists of the major business functions that add value to the company's products and services. Statement 3: Enterprise Resource planning is a concept whereby organizations consider the needs of all stakeholders when making decisions. All of the statements are true Statement 2 only Statement 3 only Statement 1 only None of the statements is trueNet requirements =a) Gross requirements + Allocations - On-hand inventory+ Scheduled receipts.b) Gross requirements -Allocations - On-hand inventoryScheduledreceipts.c) Gross requirements - Allocations - On-hand inventory+ Scheduled receipts.d) Gross requirements + Allocations - On-hand inventory -Scheduled receipts__________________ includes planning, organization, direction, and execution of activities to convert a collection of raw material effectivity and efficiently into a finished product. Wählen Sie eine Antwort: a. change management b. logistics c. production management d. process management