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Review the Riordan Manufacturing Virtual Organization.
Write a paper of no more than 1,400-words that includes the
following:
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Determine Riordan's manufacturing strategy (chase, level, or
combination) and explain its benefits
Create a process flow diagram for the electric fan supply chain
Select two metrics to evaluate performance of the electric fan
supply chain
Describe the supplier relationship and the effects on the supply
chain. As part of this consider the following:
o Type of relationship
o Supplier location, size of company, and financial stability
o Metrics used to measure supplier performance (on-time
delivery, defects, etc)
o Supplier improvement strategies
Describe how lean production principles may be used to maximize
the efficiency and effectiveness of the electric fan supply chain
process
Select a business forecasting technique (qualitative or quantitative)
for the electric fans and describe the forecasting process to be used
at Riordan
Create a sales forecast for electric fans using selected techniques
Develop Aggregate Production Plan, Master Schedule, and
Materials Requirement Plans for electric fans based off the sales
forecast.
Be sure to include the following:
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The determination of inventory requirements of the electric fans
component parts and finished goods
The selection of an appropriate inventory system (fixed order
quantity, two bin method, etc.) to meet inventory requirements