{"id":127496,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/operations-and-supply-chain-management-homework-questions"},"modified":"2017-08-16T06:20:56","modified_gmt":"2017-08-16T06:20:56","slug":"operations-and-supply-chain-management-homework-questions","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/operations-and-supply-chain-management-homework-questions\/","title":{"rendered":"operations and supply chain management homework questions"},"content":{"rendered":"<div class=\"the_content_wrapper\">\n<p>operations and supply chain management homework questions<\/p>\n<p>WEEK 10 HOMEWORK \u2013 CHAPTERS 15 &amp; 16<\/p>\n<p>Please note: There are two chapters for this week. You need to only anwer 5 questions total. Therefor, you will need to pic some from the first chapter and some <\/p>\n<p>from the second chapter. Remember: You only have to answer 5 total between the two chapters!<\/p>\n<p>Chapter 15<\/p>\n<p>1. Suppose you are managing the Speedy Hardware Store. Give examples of items that might be managed by a P system and other items for which a Q system might be used. <\/p>\n<p>How do these items differ?<\/p>\n<p>2. How should a manager decide the appropriate service level for finished goods items? Should some items have a 100 percent service level?<\/p>\n<p>3. A manager was heard to complain, \u201cI have some items that have a two-week review interval, and it takes four weeks for resupply. Every two weeks, I place orders <\/p>\n<p>based on the on hand quantity in stock. Now I seem to have too much inventory.\u201d What went wrong?<\/p>\n<p>4. A student was overheard saying, \u201cThe EOQ model assumptions are so restrictive that the model would be hard to use in practice.\u201d Is it necessary to have a different <\/p>\n<p>model for each variation in assumptions? Why or why not?<\/p>\n<p>5. What is the appropriate role of inventory turnover as a measure for evaluating the management of inventory? Under what circumstances is high turnover detrimental to <\/p>\n<p>a firm?<\/p>\n<p>Chapter 16<\/p>\n<p>1. How much safety stock should be carried in an MRP system? What is the role of safety stock in MRP systems? Where should safety stock be carried?<\/p>\n<p>2. Describe the advantages of cycle counting over an annual physical inventory.<\/p>\n<p>3. Under what circumstances is a shop-floor control system needed?<\/p>\n<p>4. Is it possible to control financial totals without physical control of materials in manufacturing?<\/p>\n<p>5. A company president said his firm was too small to afford an MRP system. Discuss.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>operations and supply chain management homework questions WEEK 10 HOMEWORK \u2013 CHAPTERS 15 &amp; 16 Please note: There are two chapters for this week. You need to only anwer 5 questions total. Therefor, you will need to pic some from <a href=\"https:\/\/www.benedictsol.com\/blogs\/operations-and-supply-chain-management-homework-questions\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-127496","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/127496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=127496"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/127496\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=127496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=127496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=127496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}