A manufacturer purchased a piece of production equipment over 20 years ago. The equipment is still in use, though for the last few quarters, it has been getting more difficult to keep it operational, as many of the required components are turning obsolete. According to the service agreement, the supplier must ensure the availability of the component parts for 3 more years. In this situation, the buying firm should expect that the supplier will
DFG Inc. has been experiencing declining sales in its consumer division. After analyzing its sales data, the company determines that racial and ethnic minorities are underrepresented as consumers of its products. DFG decides to focus on increasing its appeal to these groups. DFG's products are of excellent quality and value, and the firm believes that its sales are weak with this segment because of a lack of knowledge about DFG and its products.
Which of the following is the FIRST step that DFG should undertake?
Which of the following refers to the percentage of order requirements met through stock that is present on the shelf?
Which of the following will be MOST useful for measuring service quality?
BCD, Inc. owns five warehouses in various locations around the country. Three of these warehouses are performing poorly. BCD asks supply management to review options for improving this situation. Which of following is the BEST course of action for supply management to take?
A manufacturing firm prepares the following materials requirement plan (MRP):
Master Production Schedule
Week123456
Item A101015152020
Relevant Information
ItemItem's ParentItem's Lead TimeItem's Lot SizeItem's Current Inventory
ANone1 weekLFL50
BA2 weeks5010
CB2 weeks5010
Using MRP methodology, how much of Item B should be ordered, and when should it be ordered7
A firm needs to provide raw materials to accommodate a recent increase in manufacturing production. The supply manager uses the material forecast from the material requirements planning (MRP) software and the storage capacity from the warehouse management system (WMS) to forecast the firm's requirements. Which of the following will impact this forecast MOST significantly?
Which of the following requires investment recovery action’
DEF, Inc. is in the ramp-up phase of a unique medical device. The device has a two-year life expectancy. The sales forecast for the ramp-up period is as follows:
MonthJulAugSepOctNovDecJanFeb
Unit Sales1001502006001,4002,2004,00010,000
Demand after February is expected to remain at 10,000 units per month for several months, then decrease gradually. The units are small, and thus maintaining an inventory of up to 10,000 units is possible.
There are only three suppliers capable of providing the specialized component critical to this product. The production capacities of these suppliers are as follows:
•Supplier X has a capacity of 500 units per month at a cost of S20 per unit, representing 80% of its total business
•Supplier Y has a capacity of 2,000 units per month at a cost of S2O.5O per unit, representing 50% of its total business
•Supplier Z has a capacity of 20,000 units per month at a cost of $20.70 per unit, representing 10% of its total business
Two of these companies—Supplier X and Supplier Y—are minority businesses.
Given this situation, DEF should contract with
Based on the global reach and complexity of supply chains, resiliency planning and risk assessment are necessary because of which of the following’
