Our Services

Get 15% Discount on your First Order

Inventory and Operations Management

May 8, 2023

Section A (500 words) 1) Appraise the overall operations of the company; particularly comment on its shop floor operations and manufacturing planning and control systems. [10 marks] (500 words only)

Section B (1500 words) 4) Quantify the value of the current inventory and the cost of holding the stock per year for the consumables, assuming an annual holding rate of 27% and that the 10 weeks of stock policy is correctly implemented. [5 (correct formula)+5(correct calculation) = 10 marks] 5)

Segment the consumable inventory based on the value-usage criteria. Present and discuss the results including a graphical representation of Pareto principle. Explain what other segmentation criteria might be used. [5(correct formula of value-usage)+5(correct representation and ABC application +5(listing 5 segmentation criteria) = 15 marks] 6) For a consumable inventory, calculate the total annual cost and re-order point (ROP) for each order. For total annual cost calculate by two models that is average and EOQ. Define and show formulas for all the parameters you are using for calculation with the assumption that demand is constant. Give justification as which model i.e. either average or EoQ is better and why? [2.5 (correct formulas for average and EoQ models)+2.5(correct calculation of average and EoQ models)+5 (justification as why to use average or EoQ)+2.5(correct formula of ROP)+2.5(correct calculation of ROP) = 15 marks]

#Inventory #Operations #Management

Inventory, Management, Operations

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Brief Instructions for Special Topics papers: Goals: 1. to encourage

Brief Instructions for Special Topics papers: Goals: 1. to encourage self-learning in anatomy and physiology related to your professional goals or personal interest 2. to become familiar with CCBC’s electronic journals 3. to become familiar with PubMed, the biomedical literature database of the National Library of Medicine 4. to

https://www.forbes.com/sites/brucelee/2022/02/12/is-the-biden-administration-really-funding-crack-pipes-heres-how-such-claims-emerged/?sh=60e4772659a8 Analyze the listed ideas and discuss their relation to

https://www.forbes.com/sites/brucelee/2022/02/12/is-the-biden-administration-really-funding-crack-pipes-heres-how-such-claims-emerged/?sh=60e4772659a8 Analyze the listed ideas and discuss their relation to the United States Legal System. Reflect on how this subject matter may relate to your life and the life of others as well as popular culture in general. Only one post required. The minimum word count for each Current Event

How social media impacted the 2016 U.S Presidential election and

[ – Students will select a societal issue that they feel will eventually grow into a major problem. – Students will create a thesis stating the reasoning behind their choice of topic and why they feel this particular issue will end up being harmful to society if left unchecked.

I need 3 discussions completed by November 18th. The links

I need 3 discussions completed by November 18th. The links to the book and discussions will be provided once payment is made. Discussion 1: Respond to two classmates: (Comment on two of your classmate’s postings (100 to 150 words each). Do not just say “Interesting” or “I agree”. Say something

Select an article from Business Week, Forbes, Wall Street Journal,

Select an article from Business Week,Forbes, Wall Street Journal, etc. that you think describes some internal factors fora specific company. Answer these questions and be specific. – 25 pts.o Identify and discuss two internal factors, using information from chapter 4,for the company in the article. Within your discussion determine and

HC 306 HU Payment Models Presentation Nursing Assignment Help

Instructions This week, we have read about several payment models in health care. An additional model that is gaining popularity is Direct Primary Care (DPC). Read this brief statement from the American Academy of Family Physicians (AAFP) to familiarize yourself with the model: (Links to an external site.)Links to an

Deliverable 7 – Proposal for Implementation Assignment Content Competencies Break

Deliverable 7 – Proposal for Implementation Assignment Content Competencies Break down the business analytics service and elaborate on the roles necessary for enterprise-level support. Build key performance indicators that relate to business goals for quantitative measures of success Examine how a data warehouse is created and used to support reporting

PU Health & Medical Chronic Obstructive Pulmonary Disease Nursing Assignment Help

I’m working on a health & medical question and need guidance to help me learn. Medical Opinion: Direct Service Connection 1. Identify all relevant diagnosed conditions CHRONIC OBSTRUCTIVE PULMONARY DISEASE (COPD) 2. Provide a clear explanation to support the connection of COPD to the military service 3. Cite supporting records

All of the instructions are attached! Start will First-Instructions document

All of the instructions are attached! Start will First-Instructions document first!! This is Phase 1 of the project. Please follow instructions for phase 1 for this part. Phase 2 and 3 instructions will be attached for reference purposes only. This project is broken into 3 parts. Will start on phase

Complete a two paragraph discussion post. Below is the link

Complete a two paragraph discussion post. Below is the link for the resource Keller’s Brand Equity Model: Building a Powerful Brand and below that is the full text of the source Toward a Theory of Customer Engagement Marketing. In this discussion, you will assess ways of measuring or evaluating brand

Reflection Paper Each student will Nursing Assignment Help

Reflection Paper Each student will submit a 2–3-page reflection paper. To avoid point deductions, please adhere to the following guidelines: • Title Page (does not count toward the 2-3 page limit) • Reference Page (does not count toward the 2-3 page limit) • First Person (use terms I, me,

should a parent stay home to raise their child(ren)

A parent should stay home to raise their child(ren) This is an Online Debate Forum so i am with “a parent should stay home to raise their child(ren)” and I am doing the Opening Statement (First Affirmative) which should include the following: 1. State the resolution and use an attention

An educator overhears a conversation between two students. One of

An educator overhears a conversation between two students. One of the students is talking about how dangerous it is to walk home. The student lives in an area with known gang activity. Every day, the student gets in fights with gang members while walking home. The educator stops the conversation

Using workload-driven forecasting, how many recruiters are needed for

To whom this may concern: Complete the questions for the *Case Study for Chapter 5 -* Chapter 5, Page 139, Questions 1, 2, and 3. Topic: Sweet Tooth, Inc. Your responses to each question should be very thorough, complete, and relatively comprehensive that should be reflective of college-level formal writing.

Consult your own conscience. How do you feel about the action?

Requirement: Select and detail one or more of the major ethical issues in Absence of Malice. 1,200-1,400 words. Apply Bok’s Three-step Model as a framework for your reasoning: Consult your own conscience. How do you feel about the action? Seek expert advice and explore alternatives. For the first part of

Rode V Wade: Discuss the multitude of legal viewpoints, ethical issues

This week, you will complete your final paper. Please remember that your final paper must be 7-8 pages, using proper APA format, Times New Roman, 12-point font, with 1-inch margins. Your final paper must discuss the multitude of legal viewpoints, ethical issues, and issues of interprofessionalism related to your topic.

First Exercise – Chapter 14 – List the five parameters

First Exercise – Chapter 14 – List the five parameters msnbc.com used to measure the ROI of the launch campaign. Discuss the “new” metrics that some companies apply to advertising today. (5 Points) Second Exercise – Chapter 14 – Identify the basic principles that increase a print ad’s likely impact

Case 2 “Whole Foods Market faces Whole New Challenge” Page

Case 2“Whole Foods Market faces Whole New Challenge”Page 580-581 (Chapter 16) I selected the most interesting and applicable cases for the class. Please be sure to back up your answers to both of these cases with facts from the textbook. Please number each of your answers. This is very important