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15 January, 2016 - 09:50
  1. Explain the five major competitive challenges facing manufacturing companies in developed nations.
  2. How has global competition affected the domestic manufacturing environment? How can technology help domestic companies compete?
  3. What is the role of enterprise resource planning systems in helping manufacturing companies improve effectiveness and efficiency?
  4. What are the differences between push manufacturing and pull manufacturing?
  5. How does each IPP component that appears in Figure 14.2 function?
    • How are a bill of material (BOM) and a route sheet similar and how do they differ?
    • What does “exploding a bill of material” mean?
  6. How are materials requirements planning, detailed capacity requirements planning, and shop floor control similar? Different?
  7. What are the key processes, data, and data flows in the cost accounting system of a manufacturer that uses a standard cost system?
  8. Why is inventory management and control important to the manufacturing and production processes?
  9. How does supply chain management help organizations cut costs of production?
  10. What technology-enabled challenges and opportunities were presented in the chapter?