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Chapter 1: Q3OQ (page 20)

Match the following OSCM job titles with the appropriate duties and responsibilities.

Plant manager A. Plans and coordinates staff activities such as new product development and new facility location.

Supply chain manager B. Oversees the movement of goods throughout the supply chain.

Project manager C. Oversees the workforce and resources required to produce the firm鈥檚 products.

Business process improvement analyst D. Negotiates contracts with vendors and coordinates the flow of material inputs to the production process.

Logistics manager E. Applies the tools of lean production to reduce cycle time and eliminate waste in a process.

Short Answer

Expert verified

Answer

Plant manager C.

Supply chain manager D.

Project manager A.

Business process improvement analyst E.

Logistic manager B.

Step by step solution

01

Role of plant manager

The plant manager looks after the plant in which the work is being done. In the plant, the manager has to keep in check if there is an appropriate amount of workforce and resources.

02

Role of supply chain manager

The supply manager is responsible for managing every production process. It includes dealing with vendors and coordination between the processes.

03

Role of Project manager

The project manager's responsibility is the planning, organizing, directing, and all the functions of the project management.

04

Role of Business process improvement analyst

The role of a business process improvement analyst is to implement a project that results in increased productivity, reduced time, and all the things that improve the business.

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Most popular questions from this chapter

Lambda Computer Products competed for and won a contract to produce two prototype units of a new type of computer that is based on laser optics rather than on electronic binary bits. The first unit produced by Lambda took 5,000 hours to produce and required \(250,000 worth of material, equipment usage, and supplies. The second unit took 3,500 hours and used \)200,000 worth of materials, equipment usage, and supplies. Labor is $30 per hour.

a. Lambda was asked to present a bid for 10 additional units as soon as the second unit was completed. Production would start immediately. What would this bid be?

b. Suppose there was a significant delay between the contracts. During this time, personnel and equipment were reassigned to other projects. Explain how this would affect the subsequent bid.

A philosophy that aggressively seeks to eliminate causes of production defects.

United Research Associates (URA) had received a contract to produce two units of a new cruise missile guidance control. The first unit took 4,000 hours to complete and cost \(30,000 in materials and equipment usage. The second took 3,200 hours and cost \)21,000 in materials and equipment usage. Labor cost is charged at $18 per hour.

The prime contractor has now approached URA and asked to submit a bid for the cost of producing another 20 guidance controls.

a. What will the last unit cost to build?

b. What will be the average time for the 20 missile guidance controls?

c.What will the average cost be for guidance control for the 20 in the contract?

In considering a capacity expansion we have two alternatives. The first alternative is expected to cost \(1,000,000 and has an expected profit of \)500,000 over the next three years. The second alternative has an expected cost of \(800,000 and expected a profit of \)450,000 over the next three years. Which alternative should we select, and what is the expected value of the expansion? Assume a 10 percent interest rate.

Question: Consider the following financial data from the past year for Midwest Outdoor Equipment Corporation.

Gross income $25,240,000

Total sales 24,324,000

Total credit sales 18,785,000

Net income 2,975,000

Cost of goods sold 12,600,000

Total assets 10,550,000

Average inventory 2,875,000

Average receivables 3,445,000

a. Compute the receivable turnover ratio.

b. Compute the inventory turnover ratio.

c. Compute the asset turnover ratio.
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