Use picture 1 to answer picture two Manufacturing Remaining Operation Number of

Question

Use picture 1 to answer picture two

Manufacturing Remaining Operation Number of Proc Time Current Total Lead Time ber Remaining Due Date Processing Operations .Time Order Until Time Remaining Remaining 15 15 20 15 15 4 4 12 8 Note: Timei orders spend moving and waiting to be processed in a machine queue. Current operation processing time (as well as total processing time ning) includes no move or queue times. 8. The Ace Machine Company is considering using a priority scheduling rule in its fabrication shop and must decide whether to use: the critical ratio rule, the order slack rule, the shortest operation next rule, or the slack per operation rule. Exhibit A shows the company's current inventory and shop status. a. State the formula for calculating the priority index for each of sequencing rules given previously b. Compute the scheduling priority for each order in Exhibit A, four sequencing rules.

Explanation / Answer

The importance of this force is the number of competitors and their ability to threaten a company. The larger the number of competitors, along with the number of equivalent products and services they offer, the lesser the power of a company. Suppliers and buyers seek out a company's competition if they are unable to receive a suitable deal. When competitive rivalry is low, a company has greater power to do what it wants to do to achieve higher sales and profits.

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