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- Q6) Tracking signals track changes in control limits can lead to an increase in cumulative errors can capture changes in trends track changes in demand updates none of the above Q7) In an inventory problem, the fixed ordering costs are increased but all other factors remain the same. This change will increase the optimum order quantity change the demand pattern reduce the optimum order quantity change the stockout costs increase the optimum lead time Q8) In an MRP system, the lead time to acquire or produce components is used in calculating net requirement from gross requirements net requirements from available planned order releases from planned order receipts lot sizes for scheduled orders none of the aboveplease answer S6.6 S6.7Q9. An orthopedic surgeon observes that many of his patients coming in for total knee replacement sur- gery played organized sports before the age of 10. He plans to collect more extensive data on participation in organized sports from four patients undergoing knee replacement surgery and to report the findings. Identify the type of study proposed and indicate its specific strengths and weaknesses. Q10. Suggest an alternative design to address the hy- pothesis in Problem 9. What are the major issues in addressing this hypothesis?
- Q15) Cost management system is used for measuring inventory and cost of goods sold for external shareholders. Select one: True Falseq1. Collect at least 5 RELATED newspaper report and / or research articles dated as further as year 2013 State the title of the research proposal based on the resources collected in q1. food safetyProduct A Order Qty = 400 Order Lead Time = 2 Forecast Demand Scheduled Receipts Projected Available Inventory 400 Planned Order Receipts Planned Order Releases 1 300 OD 4, 6, 2 300 400 Sketch and fill in the grid on scrap paper to use on upcoming questions In what periods would you incur a planned order release? OA 1.3, and 4 2.4, and 5 OC 3,5, and 6 and 7 3 300 PERIODS 4 300 5 300 6 300 7 100 8 100
- Consider the following information. PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 130 Q-60, LT-3 weeks, Safety Stock - 20 Compute the planned order releases and projected on-hand inventory for component part X. Round your answers to the nearest whole number. If your answer is zero, enter "0". PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 130 Planned Order Releases 1 50 50 1 50 130 0 2 0 WEEK 3 70 99 2 0 130 120 ®® 4 0 WEEK 3 70 30 0 5 130 x 4 0 30 5 130 20 0Discuss the COQ with examples and also discuss cost of control?Pls solve both for good rating
- The following table contains figures on the annual usage and unit costs for a random sample of 12 items. Develop and A-B-C classification for these items: Item Name Annual Usage (No of Items) Unit Cost 1 500 TK 4300 2 3000 720 3 1900 500 4 1000 710 5 4500 250 6 2500 192 7 400 200 8 500 190 9 200 210 10 1000 35 11 3000 10 12 19000 3 Brown and Brown Electronics manufacture a line of digital audiotape (DAT) players. While there are differences among the various products, there are a number of common parts within each player. The bill materials showing the number of each item required, lead times and the current inventory on hand for the parts and components, follows: Demand of products A & B and demand of spares components are shown below: Item Demand on 5th week Demand on 7th Week On-Hand Lead Time (Weeks) A 700 ------ 30 1 B 1200 ------ 50…How does the requirement that the number of units of model LX produced be at least 60% of the total production affect profits?Demand(box) 10 11 12 13 14 15 and and more less Possibility 0.1 0.18 0.26 0.24 0.12 0.1 A business that will open a gift shop in Los Angeles is considering making and selling love- themed magnets. It is thought that it will not be possible to order new magnets during the fair period, and magnets that are not sold during the fair period will not be sold later. A box of magnets costs the business $100 and generates $460 from its sale. The table includes predictions about demand probabilities. a-) What is the overstocking cost of the business in dollars/box? b-) How many dollars/box is the missing stocking cost?