OPERATIONS MANAGEMENT CONNECT AC
OPERATIONS MANAGEMENT CONNECT AC
14th Edition
ISBN: 9781264592784
Author: Stevenson
Publisher: MCG
bartleby

Concept explainers

bartleby

Videos

Textbook Question
Book Icon
Chapter 13, Problem 1DRQ

Contrast independent and dependent demand.

Expert Solution & Answer
Check Mark
Summary Introduction

To determine: The contrast between independent and dependent demand.

Introduction: ERP refers to Enterprise resource planning. It helps the firm or the manufacturer to manage and incorporate the important sections of their business effectively. Important sections refer to human recourse, inventory, purchasing, marketing, and planning.

Explanation of Solution

Contrast independent and dependent demand:

The finished good is an independent product, which has a uniform demand. Independent demand is random and unpredictable sometimes.

However, the component or raw material is dependent. The demand of the component is depend on the demand of the respective finished goods (parent item). The demand for the dependent product is not continuous and it can be derived from the demand of independent product.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Many artists and art lovers embrace the idea of the “starving artist,” such as the early career artist who hasn’t yet sold much of her art or whose art hasn’t yet been “discovered,” the artist who sacrifices lifestyle, living in a cheap apartment in a poor neighborhood, scraping by with barely enough to eat, pouring every dollar at their disposal into his art, or the artist who makes do by working other jobs, such as a waiter or waitress, to pay the rent so he can work on his art in his free time.   As an artist and businessperson, however, you’d rather not be a “starving artist.” Of course, it takes time to master your art, display your work, and build a following, but is it necessary if you’re successful as an artist to also be a bad businessperson.   The challenge with your art, bronze sculptures, however, is what comes first, the chicken or the egg, in other words, success as an artist or financial success. With the cost of materials, foundry time to pour and shape your creations,…
Can you guys help me with this? Thank you! Here is the article's title by Murray Stassen about the current event:  Clemens Trautmann promoted to President of Deutsche Grammophon and New Business Strategy This assignment requires the use of the concepts and theories learned to analyze a current event in the business world. It needs to be relevant to strategic management and has the quality of analysis of the situation from the article. From this situation, which of these concepts and theories could be applied to?  * Five Generic Competitive Strategies:  + Broad Low-Cost Strategy + Broad Differentiation Strategy + Focused Low-Cost Strategy  + Focused Differentiation Strategy  + Best-Cost Strategy  * Ethical Universalism * Ethical Relativism * Corporate Social Responsibility
Identify the causes of the problem. -Start by Reviewing the Inputs box in the Organizing Framework to help you identify the causes of the problem in this case. First identify the person factors and then situation factors as inputs. -Then move to the Processes box in the Organizing Framework and review the potential causes among individual level, team level and organizational level factors. -For each cause explain why this is a cause of the problem. For each cause ask yourself “why” is this a cause to the problem we identified. Remember that asking why multiple times will help you find the root cause of the problem.

Chapter 13 Solutions

OPERATIONS MANAGEMENT CONNECT AC

Ch. 13 - Prob. 7DRQCh. 13 - Briefly discuss the requirements for effective...Ch. 13 - Prob. 9DRQCh. 13 - How can the use of MRP contribute to productivity?Ch. 13 - Prob. 11DRQCh. 13 - What is lot sizing. what is its goal, and why is...Ch. 13 - Contrast planned-order receipts and scheduled...Ch. 13 - If seasonal variations are present, is their...Ch. 13 - Prob. 15DRQCh. 13 - What are some unforeseen costs of ERP?Ch. 13 - What trade-offs are involved in the decision to...Ch. 13 - Who in the organization needs to be involved in...Ch. 13 - Prob. 3TSCh. 13 - Prob. 1CTECh. 13 - Give one example of unethical behavior involving...Ch. 13 - a. Given the following diagram for a product,...Ch. 13 - Prob. 2PCh. 13 - Prob. 3PCh. 13 - Eighty units of end item E are needed at the...Ch. 13 - a. One hundred twenty units of end item Z are...Ch. 13 - A table is assembled using three components, as...Ch. 13 - Eighty units of end item X are needed at the...Ch. 13 - Oh No!, Inc., sells three models of radar detector...Ch. 13 - Assume that you are the manager of a shop that...Ch. 13 - Assume that you are the manager of Assembly, Inc....Ch. 13 - Determine material requirements plans for pans N...Ch. 13 - A firm that produces electric golf carts has just...Ch. 13 - Refer to Problem 12. Assume that unusually mild...Ch. 13 - Using the accompanying diagram, do the following:...Ch. 13 - A company that manufactures paving material for...Ch. 13 - Prob. 16PCh. 13 - The MRP Department has a problem. Its computer...Ch. 13 - Develop a material requirements plan for component...Ch. 13 - How many wheels sets should the manager order?Ch. 13 - When should the wheel sets be ordered?Ch. 13 - Prob. 2.1CQCh. 13 - Prob. 1OTQCh. 13 - Prob. 2OTQCh. 13 - Suppose the company has just received an order for...Ch. 13 - Prob. 4OTQCh. 13 - Prob. 5OTQ
Knowledge Booster
Background pattern image
Operations Management
Learn more about
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
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY