OPS FINAL EXAM 1- IS WHEN THE ACTIVITIES IN THE STAGE MUST STOP BECAUSE THERE IS NO PLACE TO DEPOSIT THE ITEM JUST COMPLETED? A- BLOCKING 2- ACCORDING TO YOUR TEXT‚ THE MOST COMMON PROCESS METRIC IS A- UTILIZATION 3- DECLINING PRODUCT PRICES A- INCREASE THE BREAK-EVEN POINT 4- THE TYPE OF PROCESSING STRUCTURE THAT IS USED FOR PRODUCING DISCRETE PRODUCTS AT A CONTROLLED RATE IS A- ASSEMBLY LINE 5- THE BEST PROCESS FLOW STRUCTURE
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throughout the company’s supply chain to include the acquisition of raw materials‚ suppliers‚ customers‚ and consumers. The fundamental purpose of ERP is to establish a process that links projected demand plans to supply plans‚ so that the resources of manufacturers‚ their suppliers‚ and especially their customers are utilized in the most efficient and cost effective way. To do so requires a process for anticipating demand and planning and scheduling resources in a manner that supports a company’s strategic
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like accounting‚ finance‚ general management‚ human resources‚ etc. are associated with support activities that include the firm’s infrastructure‚ human resource management‚ technology development‚ and procurement. Other functional areas like material management‚ operations‚ marketing‚ and services are associated with primary activities such as: inbound logistics‚ operations‚ outbound logistics‚ marketing and sales‚ and service. 3 T.Subra Logic of building information systems in accordance
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3. MATERIALS REQUIREMENT PLANNING (MRP) Kruger & Ramphal (2009: 232) defines Material requirements planning (MRP) as “a computer-based information system used to schedule and order dependent-demand inventories.” Independent demand is demand for final products whereas dependent demand is demand for items that are subassemblies or component parts to be used in production of finished goods. In simpler terms‚ MRP is a production planning process that begins with the demand for finished products‚ and
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Manufacturing Cell. b. Focus dimensions: cost‚ efficiency‚ quality‚ capacity‚ flexibility‚ delivery speed‚ reliability. 3. The student should review these concepts that relate to Product Development. a. Steps of the product development process: planning‚ concept development‚ system level design‚ detail design‚ testing and refinement‚ production run-up. b. Economic analysis of product development projects c. Quality Function Deployment d. Design of services 4. The student should review
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like Zara‚ Massimo Dutti‚ Bershka‚ Oysho‚ Pull and Bear‚ Stradivarius‚ Zara Home‚ and Uterqüe. The purpose of this Company is: The manufacture‚ marketing at any stage‚ importation‚ export and wholesale and retail of all kinds of textile raw materials‚ yarns‚ cloths‚ fabrics and finished apparel and home products as well as any other complementary products of the aforementioned‚ including those of
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P.O. Box 342‐01000 Thika Email: Info@mku.ac.ke Web: www.mku.ac.ke DEPARTMENT OF BUSINESS AND SOCIAL STUDIES COURSE CODE: BBM 214 COURSE TITLE: INTRODUCTION TO PURCHASING AND SUPPLIES MANAGEMENT Instructional Material for BBM- Distance Learning i COURSE OUTLINE COURSE CODE: BBM 214 COURSE TITLE: Introduction to Purchasing and Supplies Management Purpose: To introduce students to purchasing and supply management concepts and techniques necessary to perform
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Distribution Channel represents strategies to distribute goods and services to customer. • DC is assigned to a sales organization. The assignment is not unique. • You can share Customer‚ Material and Condition master data by maintaining a reference/common DC. Division • A Division is used to group material and services. A material can have only one Division. Abhishek Parihar SAP SD Certified Consultant E-Mail: abhishekparihar@rediffmail.com SAP SD IMP NOTES • • • • • We can make Customer- specific
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ST. FRANCIS INSTITUTE OF MANAGEMENT AND RESEARCH. Assignment no: 2 Subject: Operational Management. Topic: Material Requirement Planning. SUBMISSION BY: Joel Fernandes. Roll no - 41. MMS - 1 Division – A SUBMISSION TO: DR. SMITA JESUDASAN. Material Requirements Planning. Definition: Material requirements planning (MRP) is a production planning and inventory control system used to manage manufacturing processes. Most MRP systems are software-based‚ while it is possible
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Shop layout | Flexible | Restricted | Flexible | Flexible | Usage Features | Production lead time | Very long | Very short | Medium | Variable | | Production batch size | Large | Small | Vary | Smaller | | Resource efficiency focus | Labor | Materials | Bottleneck | Constraint | | Inventory levels | Large | Minimal | Medium | Medium | | Set-up time | Averaged | Minimized | Adjusted | Minimized | Just in Time * It seems to be the least – cost production control: Reducing inventory levels
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