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4. Identify the Order-winners and Order qualifiers for the following business:
- A mobile manufacturing company
- Car Renting company
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- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?10. Define the following terms: - Fill or Kill Order: - Priority Rule: - Public Order Rule:What are four characteristics of the order point system?
- 21 Which of the following are value added activities carried out in warehouses: Select one: a. Breaking the bulk b. Order picking c. All the options are correct d. Combining the freight10. Mention and describe what each of the 4 types of approaches to demand analysis discussed in class consists of.14 Uncommitted inventory that is physically on-hand is called ______. a ready-to-buy b ready-to-sell c made-to-stock d available-to-promise 15 Which system calculates materials, subassemblies, and components required for end item production? a production planner b master production schedule c capacity requirements planning d materials requirements planning 16 What is the process that identifies which parent item has generated requirements for a component called? a where-used analysis b splitting c pegging d netting
- Part 1 L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An investigation of the company's manufacturing facility in Charlotte yields the information presented in the table below. How would the plant classify these items according to an ABC classification system? (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.) For the following three questions, consider only items 1289, 2349,8210 from the above table for relative classification (these are some of the items for which you computed the metrics) A) Based on the percentages of follar colume, item number 1289 should be classified as _ (A,B,C) B) Item number 2349 should be classified as _ (A,B,C) c) Item number 8210 should be classified as _ (A.B, C)Determine the correct planned order release of Scissors. Determine the correct planned order release of Scissors. a. Day 5 600 b. Day 3 300 c. Day 3 600 d. Day 2 600 e. Day 4 300Wal 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)
- Multiple choice questions The basic economic order quantity assumes that: Select one: a. All demand is constant, unknown and independent, without variation b. All demand is constant, known and dependent, with variation c. All demand is not constant, known and independent, without variation d. All demand is constant, known and independent, without variation e. All demand is not constant, unknown and dependent, without variation Question 3 One of success process strategies philosophies is the process foundation, which: Select one: a. Creates the supply chain of organisation to satisfy and enhance competitiveness b. Fulfills process characteristics and strategic match c. Includes subcontractors due to their link to organisational processes d. None of these e. All of these Question 4 The periodic counting system records immediate updates of inventory withdrawals Select one: a. False b. True Question 5…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.Problem 16-12 (Algo) Your company assembles five different models of a motor scooter that is sold in specialty stores in the United States. The company uses the same engine for all five models. You have been given the assignment of choosing a supplier for these engines for the coming year. Due to the size of your warehouse and other administrative restrictions, you must order the engines in lot sizes of 1,350 units. Because of the unique characteristics of the engine, special tooling is needed during the manufacturing process for which you agree to reimburse the supplier. Your assistant has obtained quotes from two reliable engine suppliers and you need to decide which to use. The following data have been collected: Requirements (annual forecast) 16,200 units Weight per engine 25 pounds Order processing cost $ 150 per order Inventory carry cost 20 percent of the average value of inventory per year Note: Assume that half of lot size is in inventory on…