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Should a firm attempt to have fewer or more suppliers What are the advantages and disadvantages of each approach?

  • How is process selection related to product design and capacity determination?
  • Explain how MRP can decrease a company's inventory while improving its customer service level. Include a real-life example.
  • Describe the perpetual and the periodic inventory systems. How are they different? Are there circumstances in which one system is better than the other? Include real-life examples.
  • Choose companies or industries for which JIT (Just In Time) would be totally inappropriate? Explain your reasoning with examples.
  • Categorize different scheduling procedures for various types of service operations, such as restaurants, hospitals, and airlines.

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