Concept explainers
a)
To determine: The change in the items due to the change in the lead time of item G.
Introduction:
Net requirements plan:
The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the
b)
To determine: The implications of the production plan because of change in the lead time of item G.
Introduction:
Net requirements plan:
The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the scheduled receipts. If the total requirement is below the safety stock levels, a planned order is made based on the given lot sizing technique.
c)
To determine: The options by which the
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Operations Management: Sustainability and Supply Chain Management (12th Edition)
- A product at the Jennings Company enjoyed reasonable sales volumes, but its contributions to profits were disappointing. Last year, 17,500 units were produced and sold. The selling price is $22 per unit, the variable cost is $18 per unit, and the fixed cost is $80,000.a. What is the break-even quantity for this product? Use both graphic and algebraic approaches to get your answer.b. If sales were not expected to increase, by how much would Jennings have to reduce their variable cost to break even?c. Jennings believes that a $1 reduction in price will increase sales by 50 percent. Is this enough for Jennings to break even? If not, by how much would sales have to increase?d. Jennings is considering ways to either stimulate sales volume or decrease variable cost. Management believes that either sales can be increased by 30 percent or that variable cost can be reduced to 85 percent of its current level. Which alternative leads to higher contributions to profits, assuming that each is…arrow_forward2.1 Explain how the quality and timing of information received from the design consultants would influence the type of bill of quantities and the in-house planning in the quantity surveyor’s office.arrow_forwardGiven the preceding information, what are Jerry’s options? How should they be evaluated? Make assumptions where necessary.arrow_forward
- DEVELOPING A PRODUCT STRUCTURE AND GROSS REQUIREMENTS Speaker Kits, Inc., packages high-fidelity components for mail order. Components for the top-of-the-line speaker kit, “Awesome” (A), include 2 Bs and 3 Cs. Each B consists of 2 Ds and 2 Es. Each of the Cs has 2 Fs and 2 Es. Each F includes 2 Ds and 1 G.It is an awesome sound system. (Most purchasers require hearing aids within 3 years, and at least onecourt case is pending because of structural damage to a men’s dormitory.) As we can see, the demand forB, C, D, E, F, and G is completely dependent on the master production schedule for A—the Awesomespeaker kits.arrow_forward2arrow_forwardanswer in 30 minutes. answer only c partarrow_forward
- uestions wi1ps06h.ch06.11 The bill of materials for product A with the associated component parts and planning factors (in parenthesis) are showed below. C (1) B (2) Icon Key D (1) D (3) A C (6) E (4) F (2) D (1) G (4) How many units of the component parts are required to make one unit of the product A? Round your answers to the nearest whole number. Component B: unit(s) Component C: unit(s) Component D: unit(s) Component E: unit(s) Component F: unit(s) Component G: unit(s)arrow_forwardBSOP 588 Managing QualityAll Assignments Course Projects, Midterm and Final ExamWeek 2 Course Project:BSOP 588 Week 2 Project Proposal (Toyota Motor Corporation)Week 3 Assignments:Week 3 Paper; Measuring Customer Service – MCS (Jan 2013)Week 3 Paper; Measuring Customer Satisfaction (July 2014)Week 4 Midterm ExamSET 1Page 1Question (TCO A) Compare and contrast the evolution of quality and the role it played in the management of U.S. and Japanese business firms from the 1950s to the present.Question (TCO B) Compare and contrast the following definitions of quality. Definition 1: Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy given needs. Definition 2: Quality is meeting or exceeding customer expectations.Question (TCO A) Explain the three core principles of total quality.Question (TCO H) Identify and discuss five differences between service and manufacturing organizations.Question (TCO B) Cite two ways that the…arrow_forwardQ4. MRP Implementation and Entrepreneurial Thinking: a) Explain the role of Material Requirements Planning (MRP) in managing the production schedule for the product related to Central Cable Berhad (CCB). b) Identify opportunities for innovation and entrepreneurship within the project, such as exploring new materials or design features that could enhance the product's market appeal. c) Discuss how an entrepreneurial mindset can drive continuous improvement in the manufacturing process and contribute to the success of the project.arrow_forward
- 4) Life Cycle Assessment of Glass. Interpretation Determine, as an example, the fourth and final phase (after the definition of goal and scope, the inventory analysis and the impact assessment), the Interpretation of LCA of the glass used for the manufacture of soda bottles.arrow_forwardhelp please I need it to be done in excelarrow_forwardAs the production planner for Xiangling Hu Products, Inc., you have been given a bill of material for a bracket that is made up of a base, 2 springs, and 4 clamps. The base is assembled from 1 clamp and 1 housing. Each clamp has 1 handle and 2 castings. Each housing has 1 bearing and 2 shafts. There is no inventory on hand. Part 2 a) Design a product structure noting the quantities for each item and show the low-level coding. Match each number in the structure below with the corresponding item. Number Item I Spring Subscript left parenthesis 2 right parenthesisSpring(2) II Housing Subscript left parenthesis 1 right parenthesisHousing(1) III Casting Subscript left parenthesis 2 right parenthesisCasting(2) IV Shaft Subscript left parenthesis 2 right parenthesisShaft(2) Bracket Base(1) Clamp(1) Handle(1) Clamp(4) Bearing(1) Handle(1) Casting(2) IIIIIIIV Part 3 b) Determine the…arrow_forward