SUB : MATERIALS MANAGEMENT N.B.: 1) 2) 1. Attempt any Eight Questions All questions carries equal What is wealth‚ and how is it created ? What is value added‚ and how is it achieved ? Explain with examples ? 2. What is a material requirements plan ? What is the difference between dependent and independent demand ? Explain with examples. 3. Problem : Complete the following table. Lead time for the part is two weeks. The lot size is 100. What is the projected available at the end
Premium Mathematics The Order Information technology management
WAREHOUSING Q1. Define Warehousing or what is Warehousing? Definition Warehousing is that part of firm’s logistics System that stores products at and between point-of-origin and point of consumption‚ and provides information to management of the status‚ condition‚ and disposition of items being stored. A warehouse is a point in the logistics system where a firm stores or holds raw materials‚ semi- finished goods‚ or finished goods for varying periods of time. In the macroeconomic sense‚ warehousing
Premium Inventory Logistics Customer service
age group? 7. What are the issues that their vendors face currently? 8. Are the vendors who are selling on your marketplace also selling on other marketplaces? 9. How do the vendors placing inventory on your marketplace manage their inventory? a. Are there any issues faced with managing their inventory? b. Do they ever face the problem of receiving orders for an item that their vendor is not able to fulfill because it is out-of-stock (over-ordering or running out of stock)? i. If no‚ can this
Premium Marketing Manufacturing Market
able to own.” * Inventory [Donald Reimer (1989)] According to Donald Reimer (1989)‚ “Today‚ maintaining the right inventory levels is a tough challenge. If not properly managed‚ your inventory can result in a significant expense. Looking over your shoulder is the lender who is concerned about the cost of carrying too much inventory- which can affect profitability.” * Inventory System [Michael Bernacchi (2002)] According to an author Michael Bernacchi (2002)‚an inventory systems maintain information
Premium Inventory control system Supply chain management Inventory
“Scientific Glass - Inventory Management” study case 1. How much funding will have to be raised in 2010 in order to finance the increase in inventory? Generally‚ the budget of inventory has positive correlation with the forecast of the turnover. As the case concerns‚ the finance department forecast 20% growth in sales in 2010 due to a forecast cast increase in the number of orders. Consequently‚ the cost of finished goods inventory in 2010 should get 20% increase on the basis of inventory cost in 2009
Premium Inventory
Data Warehousing‚ Data Marts and Data Mining Data Marts A data mart is a subset of an organizational data store‚ usually oriented to a specific purpose or major data subject‚ that may be distributed to support business needs. Data marts are analytical data stores designed to focus on specific business functions for a specific community within an organization. Data marts are often derived from subsets of data in a data warehouse‚ though in the bottom-up data warehouse design methodology the data
Premium Data mining Data warehouse
A CA SE ST UDY Master Project in International Logistics and Supply Chain Management Authors: Lining Bai Ying Zhong Tutor: Jönköping Jens Hultman 2008-01 Master Thesis in International Logistics and Supply Chain Management Title: Authors: Tutor: Date: Subject terms: Improving Inventory Management in Small Business: A Case Study Lining Bai and Ying Zhong Jens Hultman 2008-01 Supply Chain Management‚ Inventory Management‚ Purchasing‚ IT‚ Small Business. Abstract Introduction: The growth of small
Premium Inventory Supply chain management
Brand Inventory Report – Nike Footwear MAR6816 – Advanced Marketing Management Summer 2015 2-Year Internet MBA University of Florida Team 8 Members: Jordan Ariche Stephanie Gomillion Lauren Lupo Ken Oliveri NIKE BRAND HERITAGE Nike was founded in 1964 as Blue Ribbon Sports and originally operated as a distributor for the Japanese shoemaker Onitsuka Tiger (known today as Asics). Bill Bowerman‚ a track and field coach‚ and Phil Knight‚ middle-distance runner‚ from University of Oregon‚ created
Premium Nike, Inc. Athletic shoe
Warehousing Analysis Warehousing activities and operations When companies produce goods they have to store them‚ this activity is called warehousing. There are three ways to store goods. The first one is shelving‚ in which goods are kept on shelves; this method is used for light weight products. The second method is racking. This activity involves goods that are kept on racks and is employed for medium and heavy weight goods. The third is block-storage operation‚ which means that cartons and
Premium Supply chain management Time Management
GENERAL AWARENESS ON MONEY SAFETY FEATURES AMONG VEHICLE OPERATORS IN SELECTED AREAS OF IMUS‚ CAVITE BMGT 27- Methods of Research Presented to Sir Gener T. Cueno College of Economics‚ Management‚ and Development Studies Cavite State University Indang‚ Cavite By Charmaine Kayle B. Lopez BSBM FM3-2 March 19‚ 2014 INTRODUCTION Counterfeit money is currency created to imitate a government produced currency. It is generally designed
Premium Philippines Cavite Bangko Sentral ng Pilipinas