technical purchases‚ it will be representatives from research and development‚ production‚ and quality control. These individuals are the deciders who have formal/informal power to select or approve when a supplier should receive a contract. 2) When potential suppliers at Trek are being identified‚ they are evaluated on four criteria- quality‚ delivery capabilities‚ price‚ and environmental impact of their production process. The focus on those four criteria allows the company to compare one supplier
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Bugabyte Lite has been on market for over six years with the same quality but a new look. It has a well established assembly process and product testing. This helps Metrovox to outsource its Bugabyte Lite because Metrovox can easily establish production standards and testing guidelines in its requirement documents for outsourcers to follow. It also helps Metrovox to establish performance indices to access quality control. So‚ those outsourcers have a higher chance of meeting Metrovox’s high
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plans C) setting inventory levels D) capital investments Question 4 1 / 1 point Which of the following actions is consistent with the use of pure level strategy? Question options: A) use inventory to meet demand requirements B) vary production levels to meet demand requirements C) vary work force to meet demand requirements D) use overtime to meet higher-than-average demand requirements Question 5 1 / 1 point "Yield management" is best described as Question options: A) a situation
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Material Requirement Planning come from three sources: a Bill of Materials (BOM)‚ a Master Production Schedule and Inventory Records. The Bill of Materials contain information on every item or assembly required to produce end items‚ this includes raw materials‚ component parts‚ and subassemblies. The Master Production Schedule anticipates how much of each item is wanted and when is wanted. The Master Production Schedule is developed from forecasts and firm customer orders for end items‚ safety stock
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integrated make-to-stock supply chain model focuses on tracking customer demand in real time‚ so that the production process can restock the finished-goods inventory efficiently. This integration often is achieved through use of an information system that is fully integrated. Examples: 1- Starbucks Coffee (starbucks.com) 2- It is a usually associated with the industrial revolution mass production techniques. Examples include ready-to-wear apparel‚ books‚ televisions‚ airline flights‚ spec homes
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Losing existing customers or a low customer satisfaction‚ both of them will cause a bad influence on an organization. Reference: Textbook‚ Chapter 5 e. Inventory management Although inventory can meet anticipated customer demand and smooth production requirements‚ inventory is a liability to an organization considering the decrease in value as well as the costs of carrying inventories. Therefore‚ every organization attempts to remain the Economic Order Quantity (EOQ) of inventory‚ which can
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ideals that Frederick Taylor had for managing a business did not keep the workers health and living standards in mind‚ but rather focused on the improvement of efficiency and output for the company. His theory treated them as merely a factor of production such as machines‚ which led to unfair exploitation of factory workers in the future. Nevertheless‚ Taylorism was historically important as it is one of the major reasons which enabled the United States to emerge as a dominant industrial power
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Copper Kettle Catering Case 1. The operations of Copper Kettle Catering’s delivery-only category is conductive to the application of lean concepts and practices because the Williams’ can efficiently manage the deliver-only process by minimizing excess inventory‚ unnecessary activities‚ movement and material handling. These factors will help to enhance service quality‚ flexibility‚ reliability and improve customer satisfaction. If Copper Kettle Catering has the resources to purchase automated
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maintaining their support of the local community while increasing their competitive global market. 2. Assembly line in China: a. Volume/rate of production i. The hourly wage per worker is significantly lower in China than that in the US therefore‚ Timbuk2 can hire several dozen more employees to create the bags at a cheaper rate. The rate of production would probably be 4 or 5 times higher compared to San Francisco and the assembly line would be faster with more employees. b. Required skill of
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Complete the Process Design Matrix. Write an executive summary identifying appropriate design approaches for a selected product and service. Pick one service with which you are familiar. Complete three to five line items such as production line‚ self-service‚ or personal attention approach‚ on the Process Design Matrix. Pick one product with which you are familiar. Complete three to five line items such as Job shop‚ batch‚ assembly line‚ or continuous flow approach‚ on the
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