Life Cycle Assessment of Glass. Inventory Analysis Determine, as an example, the second phase (Inventory Analysis) of the Life Cycle Assessment of the glass used for the manufacture of soda bottles.
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- What is the significance of inventory management in the Farmers Restaurant ?Scenario 9.9"Gollee those cats sure go through a lot of food," Geoff exclaimed as he saw the shopping list pad that had been pre-printed with the words "cat food" at the top. He pondered a different approach to shopping for the furry little darlings, reviewed his shopping records, and discovered the following. The price of cat food has held steady at 89 cents per can. Despite feigning indifference, each of the seven cats nibbles their way through an average of one can per day, three hundred sixty five days a year. The price of gasoline has held constant at $3.50 per gallon and his pickup uses a gallon each way to the cat food store. The cost to hold a can of cat food is 10% of the unit price.Use the information in Scenario 9.9 to determine the average pantry space occupied by cat food if each can takes up 13 cubic inches and Geoff obeys an EOQ policy for managing the cat food purchase process.B15. The restaurant uses 24 bottles of wine to operate and it has 3 bottles in hand. Calculate the Desired Ending Inventory (DEl) if the number of days in the delivery period is 2 and the safety factor is 10%. Using the Periodic Order Method, calculate the number of bottles that the restaurant should order.
- Using labelled scatter diagrams, explore the relationship between Quarter 1 projected revenue and that of Quarters 2, 3 and 4, pointing out any differences between them.As 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…Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normaldistribution with a mean of 21 gallons per week and a standard deviation of 3.5 gallons per week.The new manager desires a service level of 90 percent. Lead time is two days, and the dairy isopen seven days a week. (Hint: Work in terms of weeks.)a. If an ROP model is used, what ROP would be consistent with the desired service level? Howmany days of supply are on hand at the ROP, assuming average demand?
- Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normaldistribution with a mean of 21 gallons per week and a standard deviation of 3.5 gallons per week.The new manager desires a service level of 90 percent. Lead time is two days, and the dairy isopen seven days a week. (Hint: Work in terms of weeks.)a. If an ROP model is used, what ROP would be consistent with the desired service level? Howmany days of supply are on hand at the ROP, assuming average demand?b. If a fixed-interval model is used instead of an ROP model, what order size would be needed forthe 90 percent service level with an order interval of 10 days and a supply of 8 gallons on handat the order time? What is the probability of experiencing a stockout before this order arrives?c. Suppose the manager is using the ROP model described in part a. One day after placing anorder with the supplier, the manager receives a call from the supplier that the order will bedelayed because of problems at…Woodwork limited manufactures luxury furniture for resale to big shops. It does not keep inventory of materials used to assemble the furniture and only orders the required materials from its suppliers when orders are received from customers. Nevertheless, it keeps very minimal inventory (if any). What type of woodwork using to manage its inventory costs? A. Inventory planning system B. Just-in time system C. Kaizen system D. Material requirement planning system1CASE STUDY - The UK’s National Blood ServiceNo inventory manager likes to run out of stock. But for blood services, such as the UK’s National Blood Service (NBS) the consequences of running out of stock can be particularly serious. Many people owe their lives to transfusions that were made possible by the efficientmanagement of blood, stocked in a supply network that stretches from donation centres through to hospital blood banks. The NBS supply chain has three main stages:1. Collection, which involves recruiting and retaining blood donors, encouraging them to attend donor sessions (at mobile or fixed locations) and transporting the donated blood to their local blood centre.2. Processing, which breaks blood down into its constituent parts (red cells, platelets and plasma) as well over twenty other blood-based ‘products’.3. Distribution, which transports blood from blood centres to hospitals in response to both routine and emergency requests. Of the Service’s 200,000 deliveries a year,…
- South African rapper, Cassper Nyovest, has launched a business venture manufacturing his very own clothing and shoes. Whilst the just-in-time inventory system provides various efficiencies, analyse“reduces lead times” as a benefit for Cassper’s company. Note: You are required to provide at least two application points.The Bawl Corporation supplies alloy ball bearings to automanufacturers in Detroit. Because of its specialized manu-facturing process, considerable work-in-process and rawmaterials are needed. The current inventory levels are$2,470,000 and $1,566,000, respectively. In addition, fin-ished goods inventory is $1,200,000 and sales (at cost) forthe current year are expected to be about $48 million. Ex-press total inventory asa. Weeks of supplyb. Inventory turnsMr. Waleed is running furniture manufacturing business. He required raw material on regular basis.He uses the best suitable methods of purchasing of material.He tried to used preparation of inventor budgets, perpetual inventory system, just-in- time, ABC analysis but none of the above suited to his business.Once he had to stop his production, when he was using Just-In- Time purchasing method. One day Mr.Waleed explain all the cost details to his cost accountant as follows: The normal usage was 50 Units.In case of low demand his minimum usage was only 25 units. During high demand time Mr. Waleed used to purchase 75 units.Mainly he required two types of raw material like Material 1 and Material 2, His reorder quantity for Martial 1 was 300 Units & For Material 2 was 500 Units.His cost accountant told him that they need 40 Units as average. Mr. Waleed was very good at planning, but in case of emergency he used to wait 1 day for material 1 and 2 days for material 2 to get…