Author: Anonymous

The bill of materials for product A with the associated component parts and planning factors (in parenthesis) are showed below.   How many units of the component parts are required to make one unit of the product A for COMPONENTS C and G? 

Inventory Turnover  = Cost of Revenue (COGS) / Average Inventory If the cost of goods sold for a firm is $5,000,000 and has a beginning inventory of $750,000 and ending inventory of $50,000, what is the firm’s inventory turnover?   a)   5.50 b)   3.75 c)   14.29 d)   6.67 e)  11.0

Foreign-trade zones are: a. Secure sites within the U.S. where goods and materials can be assembled and exported without being levied domestic duties or excise taxes b. Secure sites in foreign countries where goods wait for clearance by importing country c. Markets in the U.S. where foreign countries set up and sell products d. Bodies of water where cargo ships are allowed to dock to deliver imported goods e. Tracts of lands in USA  controlled by the Kingdom of Bahrain

Which one of the following is FALSE: a)  An automotive (final product) is an example of an INDEPENDENT demand item that has multiple BOMs b)  Inventory categories are typically raw materials, Work-in-Process, Finished Goods , and MRO (Maintenance and Repair) c) Inventory Turnover  = Cost of Revenue (COGS) / Average Inventory d) MRP – computer-based materials management system that calculates exact quantities, need dates, & planned orderreleases for subassemblies & materials required to manufacture a final product e) The Level Production strategy adjusts capacity to match demand, hires & lays off workers to match demand, and works well for make-to-order firms

Which one of the following is TRUE regarding transportation: a)  An Ocean Glider serves as a type of intermediary or middleman between ocean carriers and customers for ocean cargo shipping b) Truckload rates in USA are usually based upon the rate determined by the US Government c} If a LTL carrier charges $6.95 per CWT, then the cost for a 700 pound shipment would be $48.65 d) Air and Pipeline are the most common transport modes on a global basis

There are the TWO primary techniques/philosophies discussed in Chapter 8 that is used to manage processes in the supply chain such that they will meet the needs of customers today. Provide the prime objectives in a few sentences for each of the two techniques/philosophies. Also, for each technique, provide four elements used to achieve those prime objectives and cite an example {of each} of successful application. Discuss how the two concepts are being combined/used in Supply Chain execution. Identify and share what three (3) Six Sigma statistical tools are best used to isolate causes of a problem in your view/why,  and what standard classifications of problem causes are used.

International Lune Harvest Company is a company that sells a large amount of farm equipment (tractors) and similar machinery worldwide from its headquarters in Amsterdam, Netherlands.  Presently 10% of their revenues come from sales in the United States.  International Lune Harvest Company would like to grow the business by 40% over the next three years. Presently, most of their product is kept in an owned warehouse in the Netherlands.   While the shipments to United States will always be relatively large, bulky and somewhat heavy due to the cost and nature of the equipment, International Lune Harvest Company would still like to take advantage of any possible distribution efficiencies by sending their shipments to a distribution center in United States that can then handle, display and market their farm equipment with other shipments headed towards common agriculture retailers and/or wholesalers. In order to do so they’ll need to make accommodations for shipments, find retail and wholesale companies willing to distribute and handle their product, identify intermediaries to both help export the product out of the Netherlands and help import the product hassle-free into the United States.   Based on the above information and your knowledge of international transportation, answer the questions below in the hopes of providing International Lune Harvest Company with some preliminary information that will aid them in creating a successful logistical model:     ·       Identify the modes of transportation should be utilized in moving the product from International Lune Harvest Company’s warehouse in the Netherlands to a distribution center in United States?  State what & why.   ·       Which intermediaries should International Lune Harvest Company consider in finding customers in United States and exporting the product out of the Netherlands?  State who & why.   ·       Which intermediary should International Lune Harvest Company consider in helping them import the product into United States? State who & why. ·       What are some of the trade/duty/tariff considerations/currency exchange issues that International Lune Harvest Company should review/ execute?  State what & why with details.   ·       Briefly discuss what their warehousing plan  and actions should be. State what & why.

Waste and Quality What are the seven wastes as noted in our text (two are:  over production and over processing)?    Next,  discuss these in terms and relationship to the business as noted below.  How can these waste categories be used to identity and/or improve operations at Tom’s Auto Repair from the data noted below? Tom’s Auto Repair is a auto repair service that services all makes and models of cars with a focus on engine and other mechanical aspects.  Tom’s does just about everything for cars except body work and painting services..  The store employs about 5 people and operates Tuesday through Friday. They open at 9 am and closes at 6 pm.   They have been in business for 10 years now and they rent the facility that they occupy.  Tom’s can service four vehicles at a time in their garage and they deal with about six local vendors for car parts. About half of their business is walk-ins and the other half is by appointment.  On  average, Tom’s Auto Repair services about 35 cars a day for various issues.  Tom’s provides excellent customer service and has a reputation for high-quality work.

Period Actual Demand Forecast1               172               283               334               ___ →  Compute the weighted average forecast for Period 4  using three (3) periods with a weighting  – 50% for first period, 25% for 2nd period and 25% for last period   Numerical response should be accurate to 2 decimal levels (Example: 99.75)  for your reply response into entry box  

What is your archaeoastronomy research topic ( milestone 1 and milestone 2). Please give a brief description, its astronomical significance and explain why you have selected this particular topic.