The Kanban calculations do not factor in an allowance for safety stock. True False
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- Question 23 Company A carries 5,000 items. Customers ordered 1,000 items from inventory last week. Company A was able to fulfill 600 items of the order. What is the stock out probability for last week? Group of answer choices 0.08 0.4 0.6 0.92Question 19 4 pts Based on available information, lead time demand for PC jump drives averages 53 units (normally distributed), with a standard deviation of 4 drives. Management wants a 93.7% service level. Refer to the standard normal table for z-values. What is the appropriate safety stock? (round your response to the nearest whole number). 6 units 3 units 53 units 56 units 59 unitsQUESTION 22 When Nike's customers trigger events in its supply chain by ordering a customized product, then the supply chain management is considered: O pull-based model push-based model Best-guesses model Build-to-stock
- QUESTION 20 What are purchased items or extracted materials that will be transformed into components or products called? A. finished goods inventory B. MRO inventory C. raw materials inventory D. distribution inventory E. work-in-process inventory QUESTION 21 Which inventory function exists between the manufacturing plant and the distribution plant? OA. transportation inventory OB. lot-size inventory C. anticipation inventory D. fluctuation inventory E. speculative inventory QUESTION 22 In inventory management, when discussing customer service we mean: OA. whether repair of the product is available. B. whether the product is available regardless if the customer desires it or not. OC. whether the product is available when the customer wants it. OD. whether the customer wants the available product. OE. whether the customer is available when the product is.Question 25 The bullwhip effect can cause the variability in ________ to be substantially greater than variability in ________. Group of answer choices demand within the supply chain, supplier demand supplier demand, demand within the supply chain consumer demand, demand within the supply chain demand within the supply chain, consumer demand supplier demand, demand within the supply chainQuestion NO. 4 Convinced by the efficiency of hybrid model, Sony, started to produce LED filaments of its Soy TV's itself while outsourcing all its other components. Initially, Sony can only produce these LED filaments at a very steady rate of eight hundred per day. Three hundred TVs are assembled daily in eight hours shift, 250 days a year. Due to difference in TVs demands and its production, LED filaments are only produced in batches of 2,000 units. Your are required to estimate; Annual production of LED filament batches in numbers b. Starting with zero inventory, if usage and production remains the same what would be the inventory levels after 76 hrs. Calculate average inventory levels when each production cycle starts with zero inventory. d. The same equipment that is used to make the LED filaments could also be used to make another filament used in the firm's other products. That job would require four days, including setup time. Setup time for making a batch of the LED filament…
- QUESTION 16 Products in an electronic store consist of the following: 20 TVs delivered on January 10th at a cost of $100 each and 30 TVs delivered on February 2nd at a cost of $110. They are the FIFO inventory method, what would the remaining value of inventory be if 15 TV's were sold on February 28th? the same model Using $3.650 O $3,800 O $5,300 O $3,710Q. 4 Refer to the Value Stream Map. What does the triangle above letter D represent? Group of answer choices a. Kanban signal b. Operator c. Buffer or Safety Stock d. Inventory_____ refers to the inability of services to be stored, warehoused, or inventoried. Question 20 options: a) Perishability b) Reliability c) Heterogeneity d) Variability
- Question 15 Discontinuity created by new technology a.shows the amount of effort required to measure new technology B.shows the gap between the old technology and new technology C.shows the amount of capital required to implement new technology D.shows the amount of effort required to use old technology QUESITON 16 Quantity discount model is an inventory management model where A.The cost per unit decreases as production quantities increase B.Used to determine the optimal order quantity C.The price per unit decreases as order quantities decrease D.Used to determine the economic order quantity Question 17 In strategy formulation, which of the following processes answers the question "How will the firm compete"? A.Deploying the strategy B. Defining the primary tasks C.Positioning the frm D.Determining the order winners and order qualifersNeed a and bQUESTION 2 A) On the average, a firm has 10 weeks of work-in-process, and annual cost of goods sold is $15 million. Assuming that the company works 50 weeks a year: a) What is the dollar value of the work-in-process? b) If the work-in-process could be reduced to 7 weeks and the annual cost of carrying inventorv was 20% of the inventory value, what would be the annual saving? B). Warsop Factory sales are $10 million. The company spends $3.5 million for purchase of direct materials and $2.5 million for direct labor; overhead is $3.5 million and profit is $500,000. Direct labor and direct material vary directly with the cost of goods sold, but overhead does not. The company wants to triple its profit. By how much should the firm increase sales? By how much should the firm decrease material costs? By how much should the firm decrease labor cost? а. b. с.