JIT / EOQ / ROP Interrelationships . From the end of Chapter 14 , answer Discussion Question 6 : The just-in-time ( JIT ) movement has long argued that firms should
a . Maximize their process flexibility so that ordering costs are minimal ; b . Stabilize demand levels ; c . Shrink lead times as much as possible ; and
d . Assign much higher holding costs to inventory than has traditionally been the case .
Using the economic order quantity ( EOQ ) and reorder point ( ROP ) formulas , explain how such efforts would be consistent with JIT ’ s push for lower inventory levels . Respond to at least two of your classmates ’ postings
------------------------------------------------------------------------------------- BUS 307 Week 4 Quiz ( Ash )
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BUS 307 Week 4 Quiz 1 . Sales and operations planning indicates how the organization will use its tactical capacity resources to meet expected customer demand . 2 . Available to promise inventory is always zero for the first week in the master schedule record . 3 . A company that orders at their economic order quantity has an annual ordering cost that is half of their total cost . 4 . Sales and operations planning must consider : 5 . Last month a firm made 100 model A ' s using all of their available labor . If