Discuss the following OM decision strategies. Please post in at least 5 days and substantially covering the topics. 1. Human resource 2. Supply chain 3. Inventory 4. Maintenance 5. Your best learning experience 5. Final project
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Q: What is enterprise resource planning (ERP)? What is supply chain management (SCM)?
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- How is the planning at Ashley furniture? (As a company) Planning:Consists of the processes necessary to strategically operate an existing supply chain. Note: Answer the questionTRADEKINGS is a soft drink manufacturer in Zambia. Although it has a commanding share of the soft drink market in Zambia, it is facing increasing competition from a soft drink known as Atia from Kenya and the Coca-Cola line of soft drinks. Required: Use a Product Portfolio (SWOT) Analysis to: Identify the opportunity OR threat to the Identify the company’s strength OR weakness of the company Recommend an appropriate strategyGeneral guidelines for making decisions or taking action in response to a particular event are known as? a. procedures b. regulation c. policies d. none of the above In organizations, effective planning typically involves: Select one: a. determining or revising the organization's mission and goals b. formulating strategy c. implementing strategy d. all of the above
- Id-6c An aggregate plan provides justification for: Select one: a. the budget amount requested b. demand for individual products c. demand for product families d. the demand for the parts of each product and. number of customersTesla is one of the fastest-growing companies. Its new Cyber Truck is scheduled for future production and sales. With this in mind develop a plan to produce and sell the Cyber truck. Answer each question below in at least 3 to 5 sentences. 1. What corporate structure you would use in the manufacturing plant? 2. How you would sell the vehicle? 3. What components are involved in planning the production process? 4. Summarize how purchasing, inventory control, scheduling, and quality control affect production. Only typed answer and give answer fastDevelop a level aggregate plan for the Draper Tax Companyif back orders are permitted.(a) Show what would happen if this plan were implemented.(b) Calculate the costs associated with this plan.(c) Evaluate the plan in terms of cost, customer service,operations, and human resources.
- 3.1 Discuss the importance of aligning the project and the company purchasing strategy. 3.2 Discuss why supply management has traditionally not been involved in the corporate strategic planning function.Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-12 What is the total cost in P1 and P2 after allocation using the direct method?Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service departmentsand two production departments. Use the following information for these four exercises:Brief ExercisesPercentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 30,000 0% 30% 35% 35%Service 2 (S2) 20,000 20 0 20 60Production 1 (P1) 100,000Production 2 (P2) 150,0007-13 What is the total cost in P1 and P2 and what is the amount of service department cost allocated to P1and P2 using the step method with S1 going first?
- What is enterprise resource planning (ERP)? What is supply chain management (SCM)?Identify how changes within an organization affect the OM strategy for a company. For instance, discuss what impact the following internal factors might have on OM strategy: a) Maturing of a product. b) Technology innovation in the manufacturing process. c) Changes in laptop computer design that builds in wireless technology. a) Select all of the correct impacts the maturing of a product might have on OM strategy below. (Check all that apply.) A. Product changes decrease. B. Optimum capacity may be achieved. C. Manufacturing process stabilizes. D. New human resources skills. E. Capital investment is added for new equipment or processes. F. Product design needs to be revisedSoutheast Soda Pop, Inc., has a new fruit drink forwhich it has high hopes. John Mitten thai, the production planner,has assembled the fo llowing cost data and demand forecast: John's job is to develop an aggregate plan. The three initialoptions he wants to evaluate are:• Plan A: a strategy that hires and fires personnel as necessaryto meet the forecast.• Plan B: a level strategy.• Plan C: a level strategy that produces 1,200 cases per quarterand meets the fo recast demand with inventory and subcontracting.a) Which strategy is the lowest-cost plan?b) If you are John's boss, the VP for operations, which p lan doyou implement and why?