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What advantage does an Earned Value Management System have over more traditional cost‐control and schedule‐
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- Why is it important to integrate cost and schedule controls? Give an example for which separate cost and schedule control systems may not function properly.Subject: Engineering Management, Ch. 3 - Planning Technical Activities Please explain each of the content of Production Plan The production plan must contain the following: •The amount of capacity the company must have •How many employees are required •How much material must be purchased24___________ is an activity that determines what quantity of materials have to be procured and when: Select one: a. Aggregate planning b. Replenishment planning c. Purchase planning d. Demand planning
- Wal 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)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…adding personnel, equipment, additional shifts as well as building or using inventory are activities within intermediate-range planning horizon or Short-range planning horizon or long-range planning horizon?
- :Explain each of the following terminologies in the context of SCM with an example: Logistic systemization, Schedule-sales point association.Inventory management for a tyre company?Grouping revenue by different classifications is an effective method for managers to use the information to plan and to control. What term is described as "tend to occur most often in special programs where volume is critical to survival of the program"?
- a. Given the following master schedule, fill in the projected available and availableto promise rows: b. A customer wants an order of 100 in period 4. What can you tell him?c. The customer from part (b) cancels his request, but then says he wants 120 in period 5.What do you tell him now?d. Sales has requested that you add an MPS of 200 in period 9 to cover their needs fora sales promotion. What do you tell them and why?e. What action (if any) should be taken in period 11? Why is it okay to take theaction?Scheduling is a key to Supply Chain Management. It pertains to establishing the timing of the use of specific resources of an organization. AS an example manufacturers must schedule production, which means developing schedules for workers, equipment, purchases, maintenance and so on. Give the scheduling components for one University and discuss the in detail each requirement. Which do you feel as a student fall short in the scheduling process and why?Why do companies prefer regid over flexible process