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Q: Describe the differences among planned orders, released orders, and firm planned orders. Whocontrols…
A: Planned orders: Planned orders are automatically planned. The planned orders do not automatically…
Q: Briefly discuss what are the various type objectives of Material Requirements Planning (MRP )?
A: MRP's fundamental objective is to provide an adequate supply of dependent demand inventory when it…
Q: Explain what material requirements planning (MRP) is.
A: Material Requirement Planning (MRP) is a manufacturing process that helps in inventory planning and…
Q: What is an Aggregate Project plan?
A: Operations management is the management of business practices within an organization in order to…
Q: Why is training so important for ERP implementations? What are some of the ways it can be delivered?
A: Enterprise Resource Planning (ERP) has turned into a basic piece of organizations lately, given its…
Q: What does the term "bill of materials structure" mean? What is the significance of this?
A: Below is the solution:-
Q: What do you understand by Materials requirements planning (MRP)?
A: Production is the process of transforming the raw materials and resources into finished products and…
Q: An RFP is often published at which stage of the project's procurement management process?
A: A request for proposal (RFP) is a paper that specifies the specifications for a particular project…
Q: Explain benefits and drawbacks of an MRP system?
A: MRP is a broad term that refers to a system that is used to plan and schedule material requirements.…
Q: Explain the master production schedule?
A: The Master Production Schedule (MPS) is a form of scheduling process that drives the MRP process's…
Q: Define earliest start, earliest finish, latest finish , and lateststart times.
A: Critical Path methodology helps in calculating earliest start, earliest finish, latest start and…
Q: What will be projected on hand inventory of item S in week6?
A: Given data is S = fixed order quantity = 50 pieces Requirement of P = 60 On-hand quantity of P = 5…
Q: Create a project breakdown structure
A: A project breakdown structure is a designed diagram that shows the complete flow of the activities…
Q: Define the Early start schedule?
A: Project is an activity or the set of interrelated tasks that was generated in order to meet the…
Q: HOW DOES ERP LINK THE FUNCTIONAL UNITS?
A: Enterprise Resource Planning (ERP) is software that consists of a set of resource planning…
Q: Help Novos Baianos decide whether or not to adopt an ERP system, by discussing benefits and…
A: Definition of Enterprise Resource Planning (ERP): ERP stands for "Enterprise Resource Planning," and…
Q: What are some hidden costs of ERP?
A: Enterprise resource planning (ERP) refers to the process management software whose major function is…
Q: What capabilities of an ERP system would be usefulfor a company like Just Sofas?
A: Capabilities of an ERP system covers the important business processes such as, HR management,…
Q: Describe the conditions under which MRP is most appropriate.
A: Below is the solution:-
Q: Describe ERP, what it provides, and its hidden costs.
A: The full form of ERP is known as Enterprise Resource Planning. it is used and implemented in a…
Q: Product A is an end item and is made from two units of B and four of C. B is made ofthree units of D…
A: A) The bill of materials (product structure tree) is as follows:
Q: Compare project management information systems (PMIS) and enterprise resource planning (ERP)
A: Project Management Information System (PMIS) A project management information system (PMIS) is a set…
Q: What are the other managerial applications that might be found once the material requirements plan…
A: The MRP is a plan that has been used to anticipate a product's specifications, as well as the…
Q: Ken wants to build a new house and approaches John the owner of NewHome Construction to explain what…
A: 1. To give the exact price at the time of meeting is a very difficult thing, because settinga price…
Q: Explain what are the requirements of an effective MRP ?
A: Material requirement planning is a strategy for evaluating materials needed that is utilized in…
Q: What are some unforeseen costs of ERP?
A: Enterprise Resource Planning is the computer system, which would integrate the application programs…
Q: https://www.cio.com/article/272362/what-is-erp-key-features-of-top-enterprise-resource-planning-syst…
A: 3. An enterprise resource planning (ERP) is a business management software that manages and…
Q: Make a sources of funding Project Needs and Costs Tools and Equipment Item Quantity Price /…
A: Here, we could see that the project needs tools and equipment expenses, Ingredient expenses and…
Q: Explain the role of the master production schedule?
A: MPS (master production scheduling) has become an essential part of ongoing production. This approach…
Q: How is slack/float calculated? Latest finish date – duration Latest start date –…
A: THE ANSWER IS AS BELOW:
Q: What is another common name for the bill-of-materials?
A: Bill of materials is described as the exhaustive list of repairing or manufacturing service or…
Q: 2) Material Requirements Planning Given the following incomplete MRP matrix for item X:…
A: Find the Given details below: Given details 1 2 3 4 5 6 7 Gross Requirements 65 55 50 220…
Q: List five (5) different costs that managers need to have in mind when implementing an ERP.
A: ERP System: ERP stands for Enterprise Resource Planning and it is a type of software…
Q: Discuss the method of procurement and procedure you will propose to procure the services of a…
A: Procurement refers to the process using which new services or products get acquired. It includes…
Q: B Indirect cost A Breakeven point method PERT Calculate schedule Classification by Variability…
A: We have two column, column A and column B, here, we would match between these two column, I have…
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- Provide the following values: PV, EV, AC, CPI, SPI, EAC, ETC, BAC Each of the iterations of four that each will take 20 days to complete at a cost of $20,000 per iteration. Today is the end of what should be iteration three. The current status of the project is as follows: Iteration One complete, spent $20,000 Iteration Two complete, spent $25,000 Iteration Three half done, spent $17,000 Iteration Four Not started.which statement illustrates the biggest bottleneck? LT=10 days, PT=0.5 day,%C&A=100% or LT=5 days, PT=2.5 day,%C&A=100% or LT=6 days, PT=5 day,%C&A=100% or LT=1 days, PT=0.5 day,%C&A=90%Image of Diagram included Using the diagram, find: The critical path. How long it will take to complete the project? How does simulation determine the probabilities of various project completion times? What is "slack" and why is it important? Why is activity-on-arrow (AOA) or activity-on-node (AON) of significant value to the project manager? How is the uncertainty in project scheduling dealt with? Should the critical path activities be managed differently from noncritical path activities? Explain.
- Entrepreneur Andrew Field bought a print shop and used his selling skills to boost sales to about $1 million annually. The high fixed cost structure of his business resulted in only a break-even situation, however, and Field saw no hope for improvement given his relatively small local markets. The idea for a Web site finally struck. Field devised an interactive Web site system to fill his idle capacity. Customers design and submit their orders through a simple program. The company then e-mails a project number and link to a proof of the order, and once approved by the customer, a production, shipping, and delivery date are established. Field filled his idle capacity and then took his company to the next level by soliciting more work and subcontracting that to competitor companies. Word of the ease and reliability of Fields system has spread, and the company now averages about 7,000 visitors to its site each day, generating sales of $8 to $9 million. Q1. Would Fields strategy for…Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a). Develop a project network. (b) Develop an activity schedule. Activity EarliestStart LatestStart EarliestFinish LatestFinish Slack A B C D E F (c) What are the critical activities? (Enter your answers as…Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a) Develop an activity schedule. What are the critical activities? (Enter your answers as a comma-separated list.) Assume that the company wants to complete the project in six months or 26 weeks. What is the amount of crash time (in weeks) for each activity that minimizes…
- Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a) Develop a project network. A project network with 8 activities and 8 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B and to activity C. Activity B is connected to activity D. Activity C is connected to activity E. Activity D is…Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (d) Assume that the company wants to complete the project in six months or 26 weeks. What is the amount of crash time (in weeks) for each activity that minimizes cost? (A, B, C, D, E) = (e) Develop an activity schedule for the crashed project. Activity EarliestStart LatestStart…Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a) Develop a project network. A project network with 8 activities and 8 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B and to activity D. Activity B is connected to activity E. Activity C is connected to activity F. Activity D is…
- Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a) Develop a project network. A project network with 8 activities and 8 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B and to activity C. Activity B is connected to activity E. Activity C is connected to activity D. Activity D is…Given the following data:ActivityPredecessorDuration (days)a-10b-15ca17db5eb4fc15gd7he8if12jg,h,i104.1 Draw the network (AON) and calculate and calculate the Critical Path. 4.2 Your organization has been appointed to co-ordinate the local government elections.Develop a Work Breakdown Structure (WBS) – graphical format for this project.If project participant 'ST' had completed all of the Scoping work themselves and had also delivered a quarter the of 'System Review' work that is already complete, approximately how many hours would they have left to deliver on the project? Options are 1. 73 hours 2. 81 hours 3. 88 hours 4. 91 hours 5. 97 hours