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Chapter 1: Q1PE (page 71)

Question: An organization capable of manufacturing or purchasing all the components needed to produce a finished product or device.

Short Answer

Expert verified

A manufacturer is an individual or organization that produces completed merchandise from natural substances by utilizing different instruments, gear, and cycles, and afterward offers the products to customers.

Step by step solution

01

Contract Manufacturer

An organization capable of manufacturing or purchasing all the components needed to produce a finished product or device is known as a Contract Manufacturer.

02

Work for a Contract Manufacturer

Contract manufacturers work for other companies they produce or manufacture products for the need and requirements of the contracting companies.

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Most popular questions from this chapter

Schedule the following activities using CPM:

Activity

Immediate Predecessor

Time (Weeks)

A

_

1

B

A

4

C

A

3

D

B

2

E

C,D

5

F

D

2

G

F

2

H

E,G

3

What was the most complex project that you have been involved in? Give examples of the following as they pertain to the project: the work breakdown structure, tasks, subtasks, and work package. Were you on the critical path? Did it have a good project manager?

What features in project management information systems can be used to resolve the over-allocation of project resources?

A facility has a maximum capacity of 4,000 units per day using overtime and skipping the daily maintenance routine. At 3,500 units per day, the facility operates at a level where the average cost per unit is minimized. Currently, the process is scheduled to operate at a level of 3,000 units per day. What is the capacity utilization rate?

The home office billing department of a chain of department stores prepares monthly inventory reports for use by the stores’ purchasing agents. Given the following information, use the critical path method to determine:

a. How long the total process will take.

b. Which jobs can be delayed without delaying the early start of any subsequent activity?

Job and Description

Immediate Predecessors

Time (Hours)

A

Start

_

0

B

Get computer printouts of customer purchases

A

10

C

Get stock records for the month

A

20

D

Reconcile purchase printouts and stock records

B, C

30

E

Total stock records by department

B, C

20

F

Determine reorder quantities for coming period

E

40

G

Prepare stock reports for purchasing agents

D,F

20

H

Finish

G

0
See all solutions

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