Question: I don't understand these two questions. Please help me. 1. As you develop a master production schedule, a customer calls you and informed you that

I don't understand these two questions. Please help me.

1. As you develop a master production schedule, a customer calls you and informed you that due to changes to market condition, they will need to increase their order from you. Which part of your MPS is most likely going to be DIRECTLY affected?

A. Scheduled receipts

B. Gross requirements

C. Available inventory

D. Net requirements

2. One of the components necessary for your product is cheap and usually sourced from overseas. Because of international shipping and customs clearance, your company would rather prefer to not order it on an as needed basis. Which of the following approaches should you use to manage this component's inventory and orders?

A. Lot for lot

B. Fixed order quantity

C. Period order quantity

D. Reverse auctions

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

I don't understand these two questions. Please help me. 1. As you develop a master production schedule, a customer calls you and informed you that due to changes to market condition, they will need...

I don't understand these two questions. Please help me 1. You are an operations supervisor for an apparel manufacturer. Recently, you discovered that you do not have the necessary labor and capacity...

Developing a master production schedule 1. Develop a master production schedule for the breadmaker. What do the projected ending inventory and available-to-promise numbers look like? Has Realco...

Supply Chain Management Introduction Outline What is supply chain management? Significance of supply chain management. Push vs. Pull processes utdallas.edu/~metin 1 A Generic Supply Chain Sources:...

Case Study: The Realco Breadmaster Two years ago, Johnny Changs company, Realco, introduced a new breadmaker, which, due to its competitive pricing and features, was a big success across the United...

Planning Demand and Supply in a Supply Chain Capacity Planning and Assignment 1 utdallas.edu/~metin Outline Capacity Planning Product-to-plant Assignment utdallas.edu/~metin 2 Deterministic Capacity...

Zoom Assignments Grades 3 3 Question 5 1 pts Modules Collaborations As you develop a master production schedule, a customer calls you and informed you that due to changes to market condition, 'they...

Answer the following questions using the data from the Excel file cafeteria. xlsx described in Problem 16.34. From Exercise a. Forecast the food services sales for each day next week using seasonal...

Referring to Example 5, Chapter 11, and Table D.l3 of the Data Bank, we now use two predictors, x1 = girth (cm) and x2 = length to predict y = weight (lb) of a polar bear. The output from a...

Which of the following types of data does NOT typically follow Benford's law? A ) Population numbers B ) Physical and biological data like areas of rivers, atomic weights etc. C ) Naturally occurring...

Create a C# application named SalesTransactionDemo that declares several SalesTransaction objects and displays their values and their sum. The SalesTransaction class contains the following fields:...