Principles Of Operations Management
Principles Of Operations Management
11th Edition
ISBN: 9780135173930
Author: RENDER, Barry, HEIZER, Jay, Munson, Chuck
Publisher: Pearson,
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Chapter 11, Problem 9P

a)

Summary Introduction

To determine: The inventory turnover for last year.

b)

Summary Introduction

To determine: The inventory turnover for this year.

c)

Summary Introduction

To explain: If the inventory turnover has improved this year.

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Over the past 12​ months, Super Toy Mart has experienced a demand variance of 10,250 units and has produced an order variance of 12,050 units. Part 2 ​a) The bullwhip measure for Super Toy Mart is ______ ​(round your response to two decimal​ places). Part 3 ​b) If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order​ 1/12 of that annual demand each​ month, the bullwhip measure would have been ______ ​(round your response to the nearest whole​ number.)
Tinker's 2020 cost of goods sold was $750,000 and 2019 cost of goods sold was $770,000. The inventory at the end of 2020 was $188,000 and $208,000 at the end of 2019. What was Tinker's inventory turnover during 2020? Group of answer choices A)3.79 b)3.99 C)3.84 D)3.89 E)None of the above
In two companies (AerCo, NuCo), the demand was managed centrally using information gathered from decentralised units and remotely from the assets in the field. Demand management at AerCo is performed by a quarterly review of the orders for new assets and the forecast of demand for aftermarket parts. This review is performed centrally to the business although information is gathered from around the business, including overseas bases and real-time data that have been analysed for issues that will have an impact upon the demand placed upon the supply chain. This is due to AerCo operating in a make-to-order (MTO) environment for production parts—with a 3–5 years lead-time for customers—and a make-to-stock (MTS) environment for aftermarket—where the requirement for a replacement part or system may be instantaneous if the aircraft has suffered unexpected damage. This quarterly review of demand is then placed upon the supply chain through an explicit process that ensures that orders can be…

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Principles Of Operations Management

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