Which approach to process planning is more useful in a time-sharing environment?
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Which approach to process planning is more useful in a time-sharing environment?
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- Is there a connection between the planning and scheduling of activities and the supply chain's capacity to remain viable? Is it possible for the organization to make use of both?Use the graph to answer the following question: INV B - o A C ROP TIMEIn the context of continuity planning, what is the significance of a Business Impact Analysis (BIA)? How does it inform decision-making?
- identify a methodology in planning that you would use to address the problems on the motorway and justify the suitability of your methodologyAnalyze the financial implications of investing in robust continuity planning versus the potential costs of not having one in place.Analyze the legal and regulatory compliance aspects of continuity planning, and explain how organizations can ensure they meet these requirements.
- Dress-Up Ltd is a company that specialises in designing and manufacturing suits for weddings. It takes a long time to make a suit for the first time from a new design as these suits are handmade. However, as they make more of these suits, the time to make one suit is reduced due to more experience. The following information has been provided to you by Dress-Up on a new type of suit called Police Band Suit.Cumulative productionValueDirect labour needed to make the first suit50 hoursLearning curve80%Direct labour costR50 per hourDirect material costR2 000 per suitFixed costs per either sized orderR5 000Required:Using the learning curve theory and the information provided in the table above, calculate the total expected average unit cost of making:22; 23; 24 2023© The Independent Institute of Education (Pty) Ltd 2023Page 6 of 6Q.4.18 suitsQ.4.232 suitsTom is studying Chemical Engineering at Bradford University where he has developed a new fermentation process of cheese. His fermentation process is more economical and also consolidates curd of milk solids into cheese in a more environmentally friendly manner. The cheese produced by this process is more nutritious and tastes good too. Tom’s process is so good that he was awarded the young innovator prize by the University. After completion of his degree, Tom has decided to develop his cheese fermentation process into a business. He discussed this idea with his friend Jamal, who has been working as a business manager in MyD-Dairy for the past 15 years. Jamal introduced Tom to Jackie who is in the business of the distribution of dairy products for the past decade and is interested in establishing a new line of cheese production business. All three of them are very excited about this new business idea. Tom’s parents have promised to give him a £10,000 personal loan for the business. Both…Explain the importance of conducting a business impact analysis (BIA) in the context of continuity planning.
- What do the expressions order winner and order qualifiers mean? What was the order winner for your last major purchase of a product or service?What type of company or industry (besides HVAC like Inflow) use sub-customers or projects? How would it benefit them?Discuss the ethical considerations involved in continuity planning, especially regarding employee welfare and stakeholder interests.
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