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- You work in a small bookshop which specializes in selling business books to businesses and occasionally students who are pursing MBA. You see tremendous opportunities for growth as a business book specialist in the country, particularly with internet connection and on-line ordering, and catering to specific segments of the market. However, your boss has been in the business for many years and prefers the old ways of doing things. Clients still order over the phone or visit the store personally. This computer system consists of one computer to handle ordering and sales. Basically, it is a cash business. You discussed with your boss about strategic planning and suggested that this might be a useful process for the business. After considering your suggestion over few days, your boss has come back with comments that Strategic Planning is too big, would take too long, and will consume too much of time for such a small business. REQUIRED: What can you say to convince your boss about the…You work in a small bookshop which specializes in selling business books to businesses and occasionally students who are pursing MBA. You see tremendous opportunities for growth as a business book specialist in the country, particularly with internet connection and on-line ordering, and catering to specific segments of the market. However, your boss has been in the business for many years and prefers the old ways of doing things. Clients still order over the phone or visit the store personally. This computer system consists of one computer to handle ordering and sales. Basically, it is a cash business. You discussed with your boss about strategic planning and suggested that this might be a useful process for the business. After considering your suggestion over few days, your boss has come back with comments that Strategic Planning is too big, would take too long, and will consume too much of time for such a small business. REQUIRED: Do you think the process could be shortened for a…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 above
- You work for the Brad’s Nailer Company which manufactures two types of nailers: a pneumatic model and a cordless model. You have contracted to supply a national retail chain with both pneumatic nailers and cordless nailers. However, Brad’s nailer production capability is limited in three departments: production, testing, and packaging. Your answer will be the packaging hours needed to execute your production plan - rounded to the nearest whole hour. (The number of nailers may not be a whole number, which is acceptable in this problem.) Use Scenario 2 Scenario 1 Scenario 2 Scenario 3 Pneum. Cost 87 89.50 127.50 Pneum. Prod Hrs 0.7 0.6 0.45 Pneum. Test Hrs 0.5 0.2 0.4 Pneum. Pkg Hrs 0.2 0.3 0.3 Pneum. Sales 85,000 44,500 29,000 Cordless Cost 97 99.75 146 Cordless Prod Hrs 0.4 0.8 0.5 Cordless Test Hrs 0.6 0.4 0.5 Cordless Pkg Hrs 0.2 0.4 0.4 Cordless Sales 35,500 45,000 63,000 Prod Hrs max 95,000 95,000 95,000 Testing Hrs max 70,000 70,000 70,000 Pkg…Create the following: • How do to inventory in supplies? • Seasonal Buildups? • Lead time for ordering/service? Details of the business is in the photo attached1. Sales may be slower than expected when you start out. What can you do to stimulate demand? 2, How many servers would you need to hire if you are open 10 hours a day, Monday through Friday, and want two servers working at all times? 3. Given estimated sales of 2,000 medium cups of coffee for the week, how much coffee should you buy?
- Can you say if it is better to carry inventory or create back orders? Discuss the pros and cons of eachAs a logistics specialist, you are responsible for meeting customer demand. One of your customers places orders for you to supply four products by the end of October. You have limited capacity for raw material and other facilities. You are required to satisfy customer demand by manufacturing the products and/or buying from a supplier. After consulting with the production department, you obtained the following information. Product A Product B Product C Product D Order quantity 2000 3500 1500 2500 Hours required on machine X per unit 2 4 5 3 Hours required on machine Y per unit 4 3 6 2 Raw material in kilos 5 1 4 6 Time needed for Packaging per unit 36 minutes 30 minutes 45 minutes 24 minutes Available monthly hours per month: 8,000 on machine X, 6000 on machine Y, and 3,000 hours for packaging. Purchased items from your supplier are already packaged. Available raw material per month: 5,000 kilos…Nike and Adidas let customers design their own custom shoes on their website, allowing them to choose colors of the different shoe parts. The shoes are made to order, but are not significantly more expensive than regular Nike or Adidas shoes and are shipped to customers quickly. How is this possible? Group of answer choices a) Nike and Adidas have better manufacturing facilities than other shoe companies. b) Nike and Adidas use mass customization to streamline the manufacturing process for customized goods. c) Nike and Adidas can effectively predict customer orders and make the shoes before they are ordered so they are ready to ship. d) Nike and Adidas have all of the possible combinations in stock and can simply ship the shoes that match the customer's choices.
- Complete the MPS record below for an end item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Order Policy: 100 units Lead Time: 2 weeks Quantity on Hand: 85 Week 1 2 3 4 5 6 7 8 9 10 Forecast 25 25 40 45 30 20 0 55 0 55 Customer orders (booked) 22 32 7 14 0 0 5 7 5 0 Projected on-hand inventory nothing nothing nothing nothing nothing nothing nothing nothing nothing nothing MPS quantity nothing nothing nothing nothing nothing nothing nothing nothing nothing nothingWhat operations management function is most important to complete prior to inventory management? A. Facility layout B. Forecasting demand C. Location analysis D. Total quality managementComplete 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 nothing