How should managers choose an appropriate lot-sizing rule? Should they be chosen strictly on an economic basis, or should intangible factors be considered. Why?
Answer to relevant QuestionsInterview a production manager at a nearby goods-producing company to determine how the company plans its production for fluctuating demand. What approaches does the company use? The MPS for product A calls for 100 units to be completed in week 4 and 200 units in week 7 (the lead time is 1 week). Spare part demand for Item B is 10 units per week. The bill of materials for product A is shown on the ...The Silver Star Bicycle Company will be manufacturing men’s and women’s models of its Easy-Pedal 10-speed bicycle during the next two months, and the company would like a production schedule indicating how many bicycles ...Explain the advantages and disadvantages of SPT and EDD sequencing rules. Under what circumstances might you prefer one over the other? Interview an operations manager at a nearby manufacturing or service company to find out about scheduling problems the company faces and how they are addressed.
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