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To meet customer demand there are two extreme strategies:
1. Have high enough capacity to meet peak customer demands (high equipment costs and high base labor costs) and produce goods as the orders come in (zero inventory costs). A shop selling ice cream cones would favor this strategy since orders are small and fast to make and inventory would be costly to keep.
2. Have only enough capacity to meet average customer demand levels (lower capacity costs) and keep enough inventory to meet peak demand needs (maximum inventory costs). A brick factory might follow this strategy because orders are occasional but large and production time is long.
In any specific instance, capacity and inventory level strategies may fall somewhere between these two extremes.
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What is the major trade-off in capacity planning?
A major trade off in capacity planning is the attitude of the worker. A business can have over 100 workers, but it means nothing if those 100 workers do not do the job they were hired to do.
Distinguish between in-process inventory and safety stock inventory and seasonal inventory?
Inventory need for the ongoing process and kept at a level that production will not be affected. Inventory kept for emergencies, or as a buffer for a sudden a surge in demand. Inventory that is only needed for one season, after which it is sold off or stored off-site.
What is assets trade?
Net Trading Assets = Accounts Recievable + Inventory - Accounts Payable
What is a trade-off?
A trade-off is an alternative that we sacrifice when we make a decision.
How was trade important to the economic development of western Europe the united States and japan during the postwar decades?
The trade development of West Europe and Japan in the postwar decades were the flexible labor force. They got more inventory to trade.
Can your inventory get full on YoVille?
No your YoVille inventory has an unlimited capacity.
What is the major trade-off in capacity planning?
A major trade off in capacity planning is the attitude of the worker. A business can have over 100 workers, but it means nothing if those 100 workers do not do the job they were hired to do.
Which basic production planning strategy will build inventory and avoid the costs of excess capacity?
Which basic production strategy will build inventory and avoid the costs of excess capacity
Can you trade pets on yoville?
Yes but they must be in your inventory at the time of trade.
What can you trade on habbo?
ANYTHING! This means anything in your inventory (My Stuff).
Distinguish between in-process inventory and safety stock inventory and seasonal inventory?
Inventory need for the ongoing process and kept at a level that production will not be affected. Inventory kept for emergencies, or as a buffer for a sudden a surge in demand. Inventory that is only needed for one season, after which it is sold off or stored off-site.
How do you trade pets in Yoville?
you must put them in your inventory, then click on the person you want to trade with, click trade, then drag from inventory what you want to give. Then you click agree ONLY WHEN the other player puts in their pet. If you don't wait, there is a chance they might scam you!
How do you trade on spiral knights?
Click the desired player, select 'trade', click. Then select the desired items from your inventory.
What is the journal entry to record a sale from inventory with a trade in?
Sales >>>Cash/Accounts Rec/NotesRec Cost of Goods Sold >>>Merchandise Inventory
What are Problems of manual inventory systems?
Manuel inventory systems are used with no technology and inventory is physically counted. The problems with this type of system include that they are time consuming, counts can be off and cost the company money, and ordering supplies can be off if the inventory is not done correctly.
Can you get rid of trees on Build-a-Bearville?
yes, put them in your inventory, and then you can sell or trade them (:
How do you look at other yoville inventory?
Its impossible to look at others inventory . If you want to see somebody's item tell them to put it in their house or show it on trade .
