please do 3.3 and 3.4 Use the Scenario below to answer Question 3:CoolClothes Manufacturers is a large clothing manufacturing company based in Johannesburg,CoolClothes not only manufactures their own clothing line, they also distribute it to the variousfashion outlets throughout the country. As the Head of Operations for CoolClothes, you havenoticed a steady decline in demand over the last six months across all fashion outlets. Uponinvestigation, it has become apparent that the decline is as a result of customer dissatisfaction inthe quality of the clothing found in stores. You are unsure of whether it is worth manufacturingat the same quantity or not given the decline in demand. Q.3.1 What are the benefits that CoolClothes Manufacturers can enjoy when achievinghigh turnover rates?Q.3.2 What are the major cost categories that CoolClothes Manufacturers canimplement when identifying and assessing Cost of Quality (COQ)?Q.3.3 Explain the two possible dangers that CoolClothes Manufacturers can experiencewhen having a high inventory tumover rate.Q.3.4 How can CoolCothes make use of Lean design to improve their customersatisfaction?

Businesses that sell products attempt to realize the acceptable level of inventory turnover.…

Q.3.2 What are the major cost categories that CoolClothes Manufacturers can implement when identifying and assessing Cost of Quality (COQ)? Q.3.3 Explain the two possible dangers that CoolClothes Manufacturers can experience when having a high inventory tumover rate. Q.3.4 How can CoolCothes make use of Lean design to improve their customer satisfaction?

Q.3.2 What are the major cost categories that CoolClothes Manufacturers can implement when identifying and assessing Cost of Quality (COQ)? Q.3.3 Explain the two possible dangers that CoolClothes Manufacturers can experience when having a high inventory tumover rate. Q.3.4 How can CoolCothes make use of Lean design to improve their customer satisfaction?

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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