Chapter 11 – Baker Mfg Inc.
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Inventory turnover, percentage of assets for inventory.
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Inventory turnover, percentage of assets for inventory.
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Use both Supply Strategy and Sales Strategy to find the cost of material and sales and % change.
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Weeks of supply and progress.
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Safety Stock and Reorder Point.
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EOQ, Annual Order, and holding cost
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Order how many pounds of oysters each day.
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Classify as ABC items.
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EOQ, avg inventory, number orders, days between orders, costs.
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What is economic order quantity? Which supplier should be used?
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Determine the number needed of each item.
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