16. Briefly describe the following methods of purchasing,specifying an example of the type of foodserviceorganization likely to utilize each one, and give oneadvantage for each method.DESCRIPTIONFSTYPESORGANIZATIONIndependentCentralizedGroupWarehouseJITADVANTAGES

Purchasing methods in the foodservice industry are crucial for the efficient operation of the…

Answered: 16. Briefly describe the following…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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7 Jul Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs صواب L O السزال 8 A manufacturer yearly demand is 49,540 units. The economical order quantity for each time they place an order equals ?to 575 units. How many orders will be placed yearly
2. Perform an ABC analysis for the data provided. Clearly explain why you classified items as A, B, or C. Annual Unit Item Usage 2400 Cost $19.51 $32.60 $10.20 $6.80 2 6200 3 8500 4 3200 6000 $4.50 $55.70 $3.60 $44.90 $35.62 750 7 8200 8 9000 5800 10 820 $82.60 $40.50 11 500 12 2000 $15.40 $14.60 $35.80 13 2400 14 6300 15 4750 $17.30 2700 $51.75 $42.90 $25.30 16 17 1600 18 1350 19 5000 $67.00 20 1000 $125.00
Why to maintain inventory in organization's ?
Q.1. a) Explore the security concerns commonly associated with warehousing and inventory operations b) Explore how managers can go about resolving the above mentioned security issues in (a)?
7 why organizations maintain raw material inventory
SLO 1.3 Supplier managed inventories works best for: A) Production materialB) Direct materialC) A itemsD) MRO suppliesE) B items SLO-2.1 Despite the increased use of JIT systems, there are several benefits or advantages to having inventory, they include: A) Make possible smooth and efficient operations by decoupling individual segments of the total operationB) Inventories of parts and components produced in-house facilitates economical production runs in various machine-assembly stationsC) Provides “safety” stock for supply interruptionsD) Finished goods inventory help the marketing/sales department satisfy unexpected customer demand to avoid stockoutsE) All of the above
Make-to-Stock vs. Make-to-Order?

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16. Briefly describe the following methods of purchasing, specifying an example of the type of foodservice organization likely to utilize each one, and give one advantage for each method. DESCRIPTION FS TYPES ORGANIZATION Independent Centralized Group Warehouse JIT ADVANTAGES