How in a supermarket, a manager would go about evaluating the criticalness of an inventory shortage.
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How in a supermarket, a manager would go about evaluating the criticalness of an inventory shortage.
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- Operations Management You are conducting a retrospective analysis for an Order-Up-To system with delivery lead time of 4 weeks (thus, the unsold inventory at the end of a week is carried over to the next week). The beginning inventory in week 4 is 200 units, and you have in-transit orders (yet to be delivered) placed in week 1, 2, and 3 of the amounts 120, 110, 100, respectively. If you set an order-up-to level of 650 units, then the order quantity in week 4 is 0 units (no order) 90 units 120 units 130 units 450 units none of the aboveWal Mart, although they are not a manufacturing company, uses sophisticated computer software to forecast sales and order products to be stocked in their stores so that they do not run out of the things shoppers are looking for. What kind of software system does Wal Mart likely use? Group of answer choices a) Inventory control b) Just-in-time ordering c) E-procurement d) Materials Requirement Planning (MRP)10 Collaboration and demand flow strategy are important components of SCM strategy. Select one: a. False b. True
- How does the Wilson approach handle demand forecasting and inventory planning for new product launches?Subject: Logistic management Q): What is KPI's & how it will be calculated? Q): What is EVA & how it will be calculated?A Pizza Company has a demand forecast for the next 12 months that is shown in Table 1 The current workforce of 100 staff can produce 1500 cases of pizzas per month. (a) Prepare a production plan that keeps the output level. How much warehouse space would the company need for this plan? (b) Prepare a demand chase plan. What implications would this have for staffing levels, assuming that the maximum amount of overtime would result in production levels of only 10 per cent greater than normal working hours? Table 1 demand forecast Month Demand (cases per month) January 600 February 800 March 1000 April 1500 May 2000 June 1700 July…
- Capacity planning requires a demand forecast for an extended period of time into thefuture. What concerns would you have regarding an extended forecast as a capacityplanner?What is CAPACITY REQUIREMENTS FORECASTING?Describe the following types of bills of material:a. Product tree.b. Multilevel bill.c. Single-level bill.d. Indented bill.e. Summarized parts list.f. Planning bill
- What inventory adjustment might Celebrity make to prepare for an extreme event such as a hurricane or mechanical failure while at sea?Gregory has started a small agricultural business that specialises in maize and sunflower seeds inGrey Town, KZN. His produce is AgriSA approved, and his organisation is looking to hire a supply chain management consultant given their impact and contribution to the local economy. You have been recruited by Gregory, assist him with the following questions: Gregory is uncertain as to which replenishment system he should use. Differentiate between the continuous review and periodic review models and suggest the most suited for him with the aid of at least two practical examples.Note: you are required to provide a paraphrased overview of the models before at least two practical examples are provided to support the choice.The Cookie Monster sells oatmeal cookies for $1.30 per pound and peanut butter cookies for $1.60 per pound. a. If total cookie sales last week amounted to 530 pounds, valued at $755, how many pounds of each type of cookie were sold? b. What dollar amount of each type was sold? I need help with part b