Pricing is one type of condition. Other conditions can be used to set discounts and surcharges. Explore/Discover at least two “Other Conditions” This is for a fundamentals of ERP class.
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- Discuss about the overview of CRP and ERP.An Integrated Information System (IIS) is an information system that makes extensive and intensive use of Information Technology and Communications (ICT) to integrate and centralize the management of information within an organization. (a) Describe five (5) benefits of an Integrated Information System (ISS). (b) An ERP solution is an integrated business system that provides a company with the decision support tools needed to effectively manage and grow its business. Describe five (5) common mistakes that can lead to poor ERP selection.Functional requirements must be established and documented as part of the bid process. Discuss why this is beneficial when choosing an ERP system, even if a bid isn't required.
- Consider the bill of materials (BOM) in Figure 11.33.a. How many immediate parents (one level above) does item I have? How many immediate parents does item E have?b. How many unique components does product A have at all levels?c. Which of the components are purchased items?d. How many intermediate items does product A have at all levels?e. Given the lead times (LT) in weeks noted on Figure 11.33, how far in advance of shipment must a purchase commitment be for any of the purchased items identified in part (c)?What factor should be top priority when buying an ERP system (cost, functionality, accessibility etc.) Give reason for your Answer. NB: Answer should be in 2-3 paraExplain the concept of a Requirements Management Plan (RMP) and its importance in guiding the management of requirements throughout a project.
- : University plans to launch its new cam: University plans to launch its new campus at Bahria Town Karachi. This campus will facilitate media science and business studies. For a complete setup, the procurement department will have to facilitate a number of purchases including equipment, lab facilities and general items. Develop a procurement strategy for this new campus. You are required to made a matrix showing, the nature of purchases, Kinds and requisitions required for the complete setup.pus at Bahria Town Karachi. This campus will facilitate media science and business studies. For a complete setup, the procurement department will have to facilitate a number of purchases including equipment, lab facilities and general items. Develop a procurement strategy for this new campus. You are required to made a matrix showing, the nature of purchases, Kinds and requisitions required for the complete setup.the benefits of EA and ERPDevelop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 40 40 60 20 10 70 50 *Holding cost=$2.50/unit/week; setup cost=$200; lead time=1 week; beginning inventory=40. Part 2 Develop a lot-for-lot solution (enter your responses as whole numbers). Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 40 40 60 20 10 70 50 On-hand at beginning of period 40 enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here…
- Which product represent cash caw, question mark, dog and star in mtn productsIn preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $35 per doll. During the holiday selling season, FTC will sell the dolls for $43 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is uncertain. The normal probability distribution with an average of 60,000 dolls and a standard deviation of 15,000 is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. (a) Create a what-if spreadsheet model using formulas that relate the values of production quantity,…In preparing for the upcoming holiday season, Fresh Toy Company (FTC) designed a new doll called The Dougie that teaches children how to dance. The fixed cost to produce the doll is $100,000. The variable cost, which includes material, labor, and shipping costs, is $34 per doll. During the holiday selling season, FTC will sell the dolls for $42 each. If FTC overproduces the dolls, the excess dolls will be sold in January through a distributor who has agreed to pay FTC $10 per doll. Demand for new toys during the holiday selling season is uncertain. The normal probability distribution with an average of 60,000 dolls and a standard deviation of 15,000 is assumed to be a good description of the demand. FTC has tentatively decided to produce 60,000 units (the same as average demand), but it wants to conduct an analysis regarding this production quantity before finalizing the decision. Besides average profit, what other factors should FTC consider in determining a production quantity?…