Operations and Supply Chain Management, 9th Edition WileyPLUS Registration Card + Loose-leaf Print Companion
9th Edition
ISBN: 9781119371618
Author: Roberta S. Russell
Publisher: Wiley (WileyPLUS Products)
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Textbook Question
Chapter 15, Problem 2Q
Explain with an example the difference between dependent and independent demand.
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Analyze the impact of demand variability on the effectiveness of the Wilson approach and propose strategies to mitigate this variability.
What is the difference between dependent and independent demand?
What role does demand variability play in the Wilson Approach, and how can it be managed effectively?
Chapter 15 Solutions
Operations and Supply Chain Management, 9th Edition WileyPLUS Registration Card + Loose-leaf Print Companion
Ch. 15 - Describe a production environment in which MRP...Ch. 15 - Explain with an example the difference between...Ch. 15 - What are the objectives, inputs, and outputs of an...Ch. 15 - How is a master production schedule created, and...Ch. 15 - What is the purpose of phantom bills, K-bills, and...Ch. 15 - What type of information is included in the item...Ch. 15 - Describe cycle counting. How does it improve...Ch. 15 - Describe the MRP process, including netting,...Ch. 15 - What are the inputs to capacity requirements...Ch. 15 - Discuss several assumptions of MRP and how they...
Ch. 15 - Explain how MRP could be applied to (a) the...Ch. 15 - How does MRP differ from ERP? Find a description...Ch. 15 - What are the capabilities of customer relationship...Ch. 15 - What ate the capabilities of supply chain...Ch. 15 - What is PLM? How does it relate to other business...Ch. 15 - Describe how the ERP systems from two different...Ch. 15 - Discuss the scope of ERP and difficulties in...Ch. 15 - Referring to the product structure diagram for...Ch. 15 - Construct a multilevel bill of material for...Ch. 15 - The classic One-Step step stool shown in the next...Ch. 15 - Draw a product structure diagram from the...Ch. 15 - Product A is assembled from two units of S1 and...Ch. 15 - The popular Racer Scooter comes in a variety of...Ch. 15 - Draw a product structure diagram from the bill of...Ch. 15 - Prob. 8PCh. 15 - Use the product structure diagram for item X shown...Ch. 15 - Kids World sells outdoor play equipment for...Ch. 15 - Complete the following MRP matrix for item A:Ch. 15 - Complete the following MRP matrix for Item X....Ch. 15 - Complete the MRP matrix below, then answer the...Ch. 15 - Alpha Corp. (a spinoff of Alpha Beta) makes...Ch. 15 - Just ERP Just Sofas (JS) had begun the year full...Ch. 15 - Just ERP Just Sofas (JS) had begun the year full...Ch. 15 - Just ERP Just Sofas (JS) had begun the year full...Ch. 15 - Just ERP Just Sofas (JS) had begun the year full...
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- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?arrow_forwardScenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?arrow_forwardExplore the impact of demand variability on the effectiveness of the Wilson approach.arrow_forward
- How does demand variability affect the effectiveness of the Wilson approach? Provide examples.arrow_forwardDiscuss the concept of demand variability and how it impacts the effectiveness of the Wilson approach. What strategies can be employed to mitigate the effects of demand variability in this approach?arrow_forwardDemand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900arrow_forward
- Effective Demand Management in a NATURAL RESOURCES/MINING COMPANYarrow_forwardConsider a two-stage plant-retailer supply chain. Lead time for the plant to fill retail orders is one week. The plant produces exactly to demand and does not keep inventory. Desired safety stock at the retailer is equal to half-week demand, and future demand is estimated by the average of the past two weeks. Find the impact on plan production (customer orders) if demand permanently increases from 100 to 110 units per period.arrow_forwardIn 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…arrow_forward
- A. What are some sources of demand variation B. Describe three classical strategies for capacity and demand planning and managementarrow_forward1. Foxie Owl’s Besty Bagel shop makes fresh bagels. She has to buy raw materials fresh every day for selling on that day. She wants to know exactly how much should she spend on raw materials. Foxie did some analysis over the past month and came back with the following numbers: Daily demand was equally likely to be 200, 225, 250, 275, or 300 bagels. What should be the number of bagels on hand to satisfy a Fill Rate requirement of 96%, rounded to next integer value? Group of answer choices 300 275 286 263 2. Suppose that instead of a discrete demand distribution, Foxie’s shop determines that the daily demand for bagels is normally distributed, with a mean of 250 and a standard deviation of 35. Foxie still wants a Fill Rate of 98%. What is the appropriate level of on-hand inventory for Foxie’s shop? Group of answer choices 263 274 257 270arrow_forwardIn the context of an Accident and Emergency Department, high demand variation can be addressed by having: Select one alternative: Yield Management. Over staffing and preferential access. Marketing. Standby capacity and flexible staffing. Demand management.arrow_forward
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