1. A firm that makes predesigned products directly to fill customer orders has this type of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1. A firm that makes predesigned products directly to fill customer orders has this type of production environment. 2. A point where inventory is positioned to allow the production process to operate independently of the customer order delivery process. 3. A firm that designs and builds products from scratch according to customer specifications would have this type of production environment. 4. If a production process makes a unit every 2 hours and it takes 42 hours for the unit to go through the entire process, what is the expected work-in-process equal to? 5. A finished goods inventory, on average contains 10,000 units. Demand averages 1,500 units per week. Given that process runs 50 weeks a year, what is the expected inventory turn in a year for the inventory? Assume that each item held in inventory is valued about the same amount. 6. This is a production layout where similar products are made. Typically, it is scheduled on an as-needed basis in response to current customer demand. 7. The relationship between how different layout structures are best suited depending on volume and product variety characteristics is depicted on this type of graph. 1. A firm that makes predesigned products directly to fill customer orders has this type of production environment. 2. A point where inventory is positioned to allow the production process to operate independently of the customer order delivery process. 3. A firm that designs and builds products from scratch according to customer specifications would have this type of production environment. 4. If a production process makes a unit every 2 hours and it takes 42 hours for the unit to go through the entire process, what is the expected work-in-process equal to? 5. A finished goods inventory, on average contains 10,000 units. Demand averages 1,500 units per week. Given that process runs 50 weeks a year, what is the expected inventory turn in a year for the inventory? Assume that each item held in inventory is valued about the same amount. 6. This is a production layout where similar products are made. Typically, it is scheduled on an as-needed basis in response to current customer demand. 7. The relationship between how different layout structures are best suited depending on volume and product variety characteristics is depicted on this type of graph.
Expert Answer:
Answer rating: 100% (QA)
1 MaketoOrder MTO Production Environment A firm that makes predesigned products directly to fill cus... View the full answer
Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
Posted Date:
Students also viewed these general management questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Based on her analysis of the high-end chocolate market she presently served, she realized that she had a fair amount of excess machine capacity; and this situation was expected to continue for a few...
-
Air flows through the fine mesh gauze shown in the figure below with an average velocity of 1.50 m/s in the pipe. Determine the loss coefficient for the gauze. KL= i 8.1mm V = 1.5 m/s Water Gauze...
-
Figure shows an x-ray diffraction pattern for a-iron taken using a diffract meter and monochromatic x-radiation having a wavelength of 0.1542 nm; each diffraction peak on the pattern has been...
-
In the previous problem, suppose the project requires an initial investment in net working capital of $150,000, and the fixed asset will have a market value of $175,000 at the end of the project....
-
A flange coupling is a: (a) Rigid coupling (b) Flexible coupling (c) Both (a) and (b) (d) None of these
-
During the year, Strang Corporation began to encounter cash flow difficulties, and a cursory review by management revealed receivable collection problems. Strang's management engaged Elaine Stanley,...
-
Two resultant forces 100kN and Q kN acting at a point at an angle 90 between them. If resultant force is 200kN, find value of Q. Also find angle made by resultant with 100kN force?
-
28.) Imagine a community where the money system is as follows: One blue bead is equal to 5 red beads. One orange bead is equal to 2 blue beads. One yellow bead is equal to 3 orange beads. // What is...
-
The following information was taken from the statement of financial position of Blanche Corporation: Cash Accounts Receivable (net) Merchandise Inventory P13,250 33,000 40,000 9,950 25,200 1,800...
-
31 1 30 29 28 27 26 25 24 23 22 21 20 19 0 0 1 4. (10 pts) What decimal number is represented by this single precision float? Show the detail calculation 0 0 0 1 1 0 1 1 1 18 17 0 0 16 15 14 13 13 12...
-
Assume the real rate of interest is 4.00% and the inflation rate is 6.00%. What is the value today of receiving 10,707.00 in 1300 years? Submit Answer format: Currency: Round to: 2 decimal places.
-
Verify that no Sales Transactions IDs have been duplicated. Because the raw data provided by the client lists the Order IDs and Sales Transaction IDs by product sold in each order, you will first...
-
A company's market value of equity is $13,600,000and its publicly traded debt sells for85% of face value. The company's book value of equity is $15,000,000and its book value of debt is $4,000,000. If...
-
Discuss two major problems due to lack of price control on prescriptions? Explain briefly
-
Aurum Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below. Unit selling price Unit costs: Small $400 Variable manufacturing...
-
Refrigerant R-12 at 30C, 0.75 MPa enters a steady flow device and exits at 30C, 100 kPa. Assume the process is isothermal and reversible. Find the change in availability of the refrigerant.
-
The following transactions and events relate to financing transactions at Weber Inc. 1. Declare cash dividend on common stock. 2. Issue bonds. 3. Pay bond interest. 4. Purchase 500 shares of treasury...
-
Using the inventory trial balance as an example, explain the initial procedures that will be performed.
-
Explain a typical control preventing, or detecting and correcting, duplicate payment of a vendors invoice in a purchasing system.
-
Show that the relations in Equations (9.256)-(9.258) are valid. E(z) = [C3+2 (I - 3)]4. (9.256)
-
Prove the relationship in Equation (9.210). CC2=CC = 0, (9.210)
-
For Example 9.12, is an orthogonal solution possible? Compute \(\mathbf{E}^{-1}(z)\) for the proof. Example 9.12. Show the two-band lapped-transform structure that realizes the filter bank with...
Study smarter with the SolutionInn App