DESIGN or DRAW a high level “as-is” process diagram depicting how a trade would be made, under "Manager Investment Strategist in Finance department involved in Broker business". The diagram should be for the model showing the bands, process flows, roles, decisions and/or cross functional interactions required. As a swimlane diagram.
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DESIGN or DRAW a high level “as-is” process diagram depicting how a trade would be made, under "Manager Investment Strategist in Finance department involved in Broker business".
The diagram should be for the model showing the bands, process flows, roles, decisions and/or cross functional interactions required.
As a swimlane diagram.
Step by step
Solved in 4 steps with 3 images
- Scatter Diagrams and High-Low Cost Estimation Assume the local Pearle Vision has the following information on the number of sales orders received and order-processing costs. Month Sales Orders Order-Processing Costs 3,000 $ 165,400 1,500 100,750 4,400 241,400 2,800 163,800 2,300 139,550 1,200 86,200 2,000 125,000 1 2 3 4 5 6 7 Required (a.) Use information from the high- and low-volume months to develop a cost-estimating equation for monthly order-processing costs. $ 28,000 + $48.5 X (b.) Plot the data on a scatter diagram. Using the information from representative high-and low-volume months, develop a cost estimating equation for monthly order-processing costs. If needed, an Excel worksheet is provided in the following link in order to create the scatter diagram: Scatter_Diagram $ 15,000 X+ $53.14 X XSupplier Raw Materials Inventory Management Production Question related to the diagram: Quality Control Packaging Finished Goods Distribution Retail Customer The process starts from the supplier, goes through raw materials, inventory management, production, quality control, packaging, finished goods, distribution, retail, and finally reaches the customer. How does the 'Inventory Management' stage interact with the 'Production' stage, and what strategies can be implemented to optimize this interaction?A restaurant is planning to introduce a through drive window for their meals. The service consists of two windows: first window to place orders, and the second window to receive orders. The design team of the company is assigned to perform the following tasks. Show how the data is obtained (survey, literature, actual from records). Justify any assumptions used in your analyses. Question) Manage the inventory of the drive-through window including the following: a. Decide on the types of inventories. b. Use periodic inventory control system model. c. Justify any assumptions used in your analysis.
- Requirement Classify each of the cost items (a-h) into one of the business functions of the value chain. Cost Item Value Chain Business Function a. Utility costs for the plant assembling the Latitude computer line of products b. Distribution costs for shipping the Latitude line of products to a retail chain c. Payment to David Newbury Designs for design of the XPS 2-in-1 laptop d. Salary of computer scientist working on the next generation of servers e. Cost of Dell employees' visit to a major customer to demonstrate Dell's ability to interconnect with other computers f. Purchase of competitors' products for testing against potential Dell products g. Payment to business magazine for running Dell advertisements h. Cost of cartridges purchased from outside supplier to be used with Dell…To design the processes for manufacturing a product, operation managers need to understand the relationship between product variety and product volume. Supply chain theoreticians' businesses have been able to classify product-processes by the level of product variation and volume and through this have been able to define how many different product-processes? Multiple Choice 7. ( Prev 19 of 30 Next > 262 tv MAR 3.Q2: What factors should be taken into account in deciding whether to use a job order cost system or a process cost system in any given manufacturing situation?
- Prevar Corporation currently purchases components from one of its suppliers. The current purchase price is $1500 per component, with annual purchase volume of 750 units. The ops manager believes that this component could be made inhouse with some minor modifications to the current factory set up. Fixed cost for dedicating a line for this component is estimated at $50,000. Raw materials for the component is estimated at $900, overhead at $200 and it would take 10 hours of labor (at $20 per hour) to produce each component.DBS is also expecting the demand for its top-of-the range devices to increase further from the next year. Given the increase in annual requirement, the production manager is contemplating to start manufacturing the special components in-house to save costs rather than sourcing them from outside. Given the current purchase price of $9000 per unit, what will the average annual requirement need to be in order to justify making the components in-house if the variable cost of making is $6750 per unit and an upfront fixed cost of $55,000,000 is needed to procure the necessary plant and equipment? However, in the event that the expected increase in demand does not materialize and the demand is actually forecast to drop to 20,000 units next year, then what will be the maximum price per unit that DBS would be willing to pay to the supplier in order to continue buying from them? Going forward, if it is found to be a better decision to make the components in-house, DBS will then need to…Wal Mart, although they are not a manufacturing company, uses sophisticated computer software to forecast sales and order products to be stocked in their stores so that they do not run out of the things shoppers are looking for. What kind of software system does Wal Mart likely use? Group of answer choices a) Inventory control b) Just-in-time ordering c) E-procurement d) Materials Requirement Planning (MRP)