BSOP 334 Week 2 Homework

BSOP 334 Week 2 Homework

Chapter 13:

3. Briefly describe each of the costs associated with inventory.

6. List the major assumptions of the EOQ model.

10. Under what circumstances would the amount of safety stock held be

11. What is meant by the term service level? Generally speaking, how is service level related to the amount of safety stock held?

14. Explain how a decrease in setup time can lead to a decrease in the average amount of inventory a firm holds, and why that would be beneficial.

BSOP 334 Week 3 Homework

Discussion and Review Questions: 1, 2, 3a, 3b, & 3c (p. 542), Case: Promotional Novelties (p. 549)

Contrast independent and dependent demand.

When is MRP appropriate?

Briefly define or explain each of these terms.

How many wheels sets should the manager order?

When should the wheels sets be ordered?

BSOP 334 Week 4 Homework

Chapter 12: Discussion and Review Questions: 8,13 (p. 542), Critical Thinking Exercise 1 (p. 543), Problem 14 (p. 547)

Briefly discuss the requirements for effective MRP.

Contrast planned-order receipts and scheduled receipts.

Suppose you work for a furniture manufacturer, one of whose products is the chair depicted in Figure 12.5. Finished goods inventory is held in a central warehouse in anticipation of customer orders. Finished goods are controlled using EOQ/ROP methods. The warehouse manager, Juan Villa, has suggested using the same methods for controlling component inventory. Write him a brief memo outlining your opinion on doing that.

Using the diagram below, do the following:

a. Draw a tree diagram for the scissors.

b. Prepare an MRP for scissors. Lead times are one day for each component and final scissor assembly, but two days for the plastic grips. Six hundred pairs of scissors are needed on Day 6. Note: There are 200 straight blades and 350 bent blades on hand, and 40 top blade assemblies on hand.

BSOP 334 Week 5 Homework

Chapter 12: Discussion and Review Questions: 11, 14, 15, & 16 (p. 542)

11. Briefly describe MRP II and closed-loop MRP.

14. If seasonal variations are present, is their incorporation into MRP fairly simple or fairly difficult? Explain briefly.

15. How does the purpose of ERP differ from the purpose of MRP II?

16. What are some unforeseen costs of ERP?

Chapter 15: Discussion and Review Questions: 5, 9, & 11 (p. 695)

5. What is the bullwhip effect, and why does it occur? How can it be overcome?

9. What impact has e-business had on supply chain management?

11. What are some of the trade-offs that might be factors in designing a supply chain?

BSOP 334 Week 6 Homework

Chapter 5: Discussion and Review Questions: 1, 2, 6, 11, 15 (p. 208), Problem 13 (p. 210)

1. Contrast design capacity and effective capacity.

2. List and briefly explain three factors that may inhibit capacity utilization.

11. Why is it important to match process capabilities with product requirements?

15. Why is capacity planning for services more challenging than it is for goods production?

Problem 13. The following diagram shows a 4-step process that begins with Operation 1 and ends with Operation 4. The rates shown in each box represent the effective capacity of that operation.