How do L4L, FOQ, and POQ ordering policies impact set-up/ordering costs and inventory costs? Why?
Answer to relevant QuestionsWhat impact will a supplier’s quality and delivery problems have on a company using MRP? Why? Develop an indented BOM for the product structure tree in problem 1. Draw a product structure tree for the BOM for the square Patio Planter. If 8 planters are planned to be made, how many bolt and nut sets will be needed? Calculate the processing load and develop the load profile for the computer assembly process. As the planner, what concerns do you have if any? What changes might you consider? What strengths do you possess that would make you an excellent project manager? In what areas do you need to improve?
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