OM (with OM Online, 1 term (6 months) Printed Access Card)
6th Edition
ISBN: 9781305664791
Author: David Alan Collier, James R. Evans
Publisher: Cengage Learning
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Chapter 17, Problem 8PA
a)
Summary Introduction
Interpretation:A flowchart depicting the catalog order-filling process is to be developed.
Concept Introduction:Lean process is a method that aims to reduce waste and improve efficiency. It focuses on effectively providing value to the customers by improving the products and services delivered.
b)
Summary Introduction
Interpretation:prospects for improving the process using lean principles are to be identified.
Concept Introduction:Lean process is a method that aims to reduce waste and improve efficiency. It focuses on effectively providing value to the customers by improving the products and services delivered.
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Help me solve part C.
Boreki Enterprise has the following 10 items in inventory. Theodore Boreki asks you, a recent OM graduate, to divide these items into ABC classifications. Fill in the blanks and then answer the
following questions. (Round dollar volume to the nearest whole number and percentage of dollar volume to two decimal places.)
Dollar
Item
Annual Demand Cost/Unit
Volume
% of Total Dollar
Volume
A2
10
120
B8
4000
12
48,000
5.65
C7
1500
45
67,500
7.94
D1
2000
44
E9
1000
20
20,000
2.35
F3
25
40
G2
200
1500
300,000
35.29
H2
600
20
12,000
1.41
15
1000
300
J8
2500
5
12,500
1.47
Chapter 17 Solutions
OM (with OM Online, 1 term (6 months) Printed Access Card)
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