PRIN OF OPS MGMT  (LL) >C<
PRIN OF OPS MGMT (LL) >C<
17th Edition
ISBN: 9781323597767
Author: HEIZER
Publisher: PEARSON C
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Chapter 13, Problem 7DQ
Summary Introduction

To define: Level scheduling

Introduction: The aggregate plan is the output of sales and operations planning. The major concern of aggregate planning is the production time and quantity for the intermediate future. Aggregate planning would encompass a time prospect of approximately 3 to 18 months.

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Explain how is ordering in small lot sizes essential for just in time implementation and what benefi are epected to be achieved ?
Question-1- Please read the scenario below and answer the questions. The maximum word-count limit of each answer is 200 words. Mention separate heading for each part.   Controlling inventory is one of Wheeled Coach’s toughest problems. Operating according to a strategy of mass customization and responsiveness, management knows that success is dependent on tight inventory control. Anything else results in an inability to deliver promptly, chaos on the assembly line, and a huge inventory investment. Wheeled Coach finds that almost 50% of the cost of every ambulance it manufactures is purchased materials. A large proportion of that 50% is in chassis (purchased from Ford), aluminum (from Reynolds Metal), and plywood used for flooring and cabinetry construction (from local suppliers). Wheeled Coach tracks these A inventory items quite carefully, maintaining tight security/control and ordering carefully so as to maximize quantity discounts while minimizing on-hand stock. Because of long lead…
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