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Definition:
Product classification (What it consists of).
Product sorting, not wanted (Definition and examples)
Step by step
Solved in 4 steps
- Differentiate between 'order quantity' and 'order winners' providing examples 1000 wordsProduct sorting, not wanted (Definition and examples)Question 1: Which of the following best defines " stockout costs"? options: A) They are physical goods used in operations. B) They are costs associated with retrieving inventory items from a workshop C) They are costs associated with interruptions to assembly lines D) They are associated with inventory being unavailable when needed to meet demand. E) None of the above. Question 2 At many LCBO stores in Ontario, Hennessy Cognac is kept in a clear locked case. Based on this information, according to the ABC Inventory Analysis method, is Hennessy most likely to be classified as an A item, a B item, a C item, or none of these? Question 2 options: A) C item B) None C) A item D) B item Question 3 What purpose does Rent the Runway's high-speed reverse logistics system serve? options: A) It allows the customers to return inventory to the fulfillment centre in record time. B) It allows the company to send inventory out to recipients (customers) in record time. C) It allows customers to return…
- A cost that changes with the level of output is called a(n) _____. Question 41 options: a) liquid cost b) independent cost c) variable cost d) indirect costA pasta entree costs $1.18 per portion. The spice factor is 3.5%; the Q factor is $1.15. what is the True Cost per Portion for this entree? (Round to the penny, do not include the $ sign.) Skip QuestionCommentFlag Question|Product D is stocked only at the AMC Chemical Company's Dallas warehouse and at the company's plant warehouse in Akron. The sales director has forecast product sales from the Dallas warehouse to be 40 units per week for the next 8 weeks. Product D is manufactured at the firm's Akron plant using 2 units of ingredient X per unit of product D. Information: Ingredient X Projected available balance: 4 Units Schedule receipt in week 1: 320 units Safety stock quantity: 2 Product D in Dallas Product D in Plant Warehouse Warehouse Projected available balance: 85 Units Safety stock quantity: 5 units Lead time: 2 weeks Lot for lot size quantity Projected available balance: 2 Units Schedule receipt in week 1: 46 units Safety stock quantity: 8 units units Lead time: 1 week Lead time: 4 weeks Lot for lot size quantity Lot size quantity: 320 units Prepare the DRP records for product D at the Dallas warehouse and the plant warehouse as well as the MRP record for ingredient X (Assume ingredient X is…
- Fat(g) Item cost($) $0.25 $0.15 $0.10 $0.09 $0.03 $0.04 $0.02 $0.04 Item Sodium(mg) Calories Beef Ratty.m 50 17 220 260 330 310 Bun Cheese 70 Onions 1 10 Pickles 260 5 wer Lettuce 3 4 Ketchup 160 20 Tomato 3 As the owner of a fastfoad restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. The ingredient list in the table shows what is available to include on the burger. You must include at least one of each item and no more than five of each item. You must use whole items (for example, no half servings of cheese). The final burger must contain less than 3000 mg of sodium, less than 150 grams of fat, and less than 3000 calories. To maintain certain taste quality standards you'll need to keep the servings of ketchup and lettuce the same. Also, you'll need to keep the servings of…K The demand for subassembly S is 130 units in week 7. Each unit of S requires 1 unit of T and 2 units of U. Each unit of T requires 2 units of V, 1 unit of W, and 1 unit of X. Finally, each unit of U requires 1 unit of Y and 3 units of Z. One firm manufactures all items. It takes 2 weeks to make S, 1 week to make T, 2 weeks to make U, 2 weeks to make V, 3 weeks to make W, 1 week to make X, 2 weeks to make Y, and 1 week to make Z. Click the icon to view the product structure and the time-phased product structure. Click the icon to view the on-hand inventory. Suppose that in addition to 130 units of S, there is also a demand for 20 units of U, which is a component of S. The 20 units of U are needed for maintenance purposes. These units are needed in week 6. Additionally, a new order has been received for 80 units of S due in week 8. Modify the net material requirements plan to reflect these changes. Construct a new net material requirements plan (enter your responses as whole numbers).…1. Describe the product Package of Primer Inc. by Identifying the tangible and non-tangible (service) components.