ISCOM/471 - OPERATIONS MANAGEMENT

FratBro23
Category:
Business & Finance
Price: $10 USD

Question description

I need 155 original words to each question A & B for a total of 310 words.

Week Four Discussion Questions

A. How does your organization manage inventory? How do costs affect
inventory size? What two basic questions must be answered by an
inventory-control decision rule? What impact will RFID have on the supply
chain? How would you improve your inventory situation? How can inventory effect
your forecasting or production plan for your product or service? Can you find
some theory to prove your points?

B. What is the role of safety stock in a material requirement planning
(MRP) system? What is the significance of lead-time in the traditional economic
order quantity context? What is the significance of lead-time in an MRP system?
What is the importance of the master production schedule in an MRP system? What
is the importance of lead time in an order point system? What MRP concepts has
your organization implemented? Were these implementations successful? Why or
why not? Can you find any theory to support you input?



Tutor Answer

(Top Tutor) Daniel C.
(997)
School: Rice University
PREMIUM TUTOR
Studypool has helped 1,244,100 students
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1827 tutors are online

Related Business & Finance questions

12/04/2013
11/18/2013
11/12/2013
11/12/2013
11/12/2013
11/12/2013

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors