OPERATIONS MANAGEMENT(LL)-W/CONNECT >IC<
7th Edition
ISBN: 9781260839456
Author: SCHROEDER
Publisher: MCG CUSTOM
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Chapter 15, Problem 4DQ
Summary Introduction
To determine: Whether the ABC principle can be applied to manufacturing component inventories?
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Can the ABC principle be applied to manufacturing component inventories? Discuss.
What are inventories? Why are they important to manufacturing companies?
Will’s Welded Widgets (WWW) makes its Q Model from components R, S, and T. Component R is made from 2 units of component X and 2 unit of component Y. Component T is made from 1 unit of component V and 2 units of component Z.
Calculate the gross requirements for each of the components when the company plans to build 70 of its Q Model if you have these inventories: 70 units of component T and 110 units of component R, using the given information:
Item
Usage per Parent
Q
-
R
2
S
2
T
1
X
2
Y
2
V
1
Z
2
Q
R S T
X Y V Z
Put the answers down into the table: (If answer is zero, please enter 0, do not leave any fields blank.)
Product
Gross Requirements
Q…
Chapter 15 Solutions
OPERATIONS MANAGEMENT(LL)-W/CONNECT >IC<
Ch. 15.7 - Prob. 1OLCh. 15 - Prob. 1DQCh. 15 - Prob. 2DQCh. 15 - With regard to inventory management, discuss the...Ch. 15 - Prob. 4DQCh. 15 - How much safety stock should be carried in a MRP...Ch. 15 - Prob. 6DQCh. 15 - Prob. 7DQCh. 15 - Prob. 8DQCh. 15 - Prob. 9DQ
Ch. 15 - Describe how MRP? concepts could be used for the...Ch. 15 - How are MRP and ERP related?Ch. 15 - The following information is given for a...Ch. 15 - eXcel The Old Hickory Furniture Company...Ch. 15 - Product A consists of subassemblies B and C....Ch. 15 - eXcel The BOM for product A given below Part on...Ch. 15 - The master scheduler in the ABC Widget Company is...Ch. 15 - A firm makes a basic scissors consisting of three...Ch. 15 - Prob. 7PCh. 15 - Prob. 8PCh. 15 - A small toy robot is assembled from sis parts: a...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- ABC, Inc., produces a line of touring bicycles. Specifically, what are the four typesof inventories (raw materials, components, work-in-process, and finished goods)that would arise in the production of this item?arrow_forwardDraw a simple bill-of-materials (BOM) for a smart phone given the following requirements: (a) clearly label the end item and each component, (b) the BOM must contain no more than ten items, (c) the BOM must contain at least three levels (you may count the end-item level zero).arrow_forwardDiscuss ways (at least 3) in which a company can reduce the need for inventories?arrow_forward
- Which of the following are basic inventories for a manufacturer? a. indirect materials, goods in process, and raw materials b. finished goods, raw materials, and direct materials c. raw materials, goods in process, and finished goods d. raw materials, factory overhead, and direct laborarrow_forwardExplain how the ABC principal be applied to manufacturing component inventories ?arrow_forwardPlease do not give solution in image format thanku A very simple product (A) consists of a base (B) and a casting (C). The base consists of a plate (P) and three fasteners (F). There are currently 30 castings and 100 bases on hand. Final assembly takes one week. The casting has a lead time of three weeks. All other parts have one-week lead times. There are no scheduled receipts. All components use the lot-for-lot technique. The master schedule requires 80 units of product A in week 5 and 120 in week 8. Produce the MRP tables for the upcoming eight weeks for A and B and Carrow_forward
- Refer to this product tree: A hierarchical diagram that depicts the subassemblies and components that are needed to produce and/or assemble a product P.P requires 2 components of A, 3 components of B and 4 components C. A further requires 3 components of M and 4 components of N. B further requires 4 components of C and 5components of D. If 1000 Ps are needed, and on-hand inventory consists of 200 Ps and 100 each of all other components and subassemblies, how many Cs are needed? Multiple Choice 9200 3200 12300 12200 3100arrow_forwardP5 define the types of manufacturing approach, such as make to stock, make to order and engineered to order.arrow_forwardA ________ defines the hierarchical relationships between all items that comprise a finished good, such as subassemblies, purchased parts, and manufactured in-house parts. Select one: a. MRP explosion b. master production schedule c. materials requirements plan d. gross requirement e. bill of materialsarrow_forward
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