Business Essay Example | Topics and Well Written Essays - 250 words - 42

Business - Essay Example The inventory at hand by this quarter is 86,400 fans that are calculated as 126% of the 2006 first quarter production levels. Due to the application of this cushion by Riordan, a viable production plan will be easily maintained without minor adjustments on the plan of 2005. Riordan requires the master production schedule (MPS) to help in the determination of the parts that will be needed weekly to meet its quarterly projected needs. The fact that this company uses a make-to-stock system makes it able to easily satisfy its customer demands without any delays in production. In case the inventory level drop to a given level, theres an automated system with a fixed order quantity method that I used to order parts. Whenever the capacity remains unremarkable, and theres a high reliability on the Riordans suppliers so that there are no significant delays in delivery, a flexible time fence is used (Soares & Vieira, 2009). At the Riordans Chinese facility, for a fan production, the material requirement plan (MRP) is usually based on the master production schedule (MPS). The MPS is used for the finished product that is the fans, and it also predicates the MRP. It is important that a well-reviewed production schedule is based on the inputs from every department so as to balance conflicting objectives, maintain inventory levels low and use resources efficiently. Soares, M., & Vieira, G. (2009). A new multi-objective optimization method for master production scheduling based on genetic algorithm. International Journal of Advanced Manufacturing Technology,

Play review Essay Example | Topics and Well Written Essays - 500 words - 5

Play review - Essay Example Every man in the town wanted to ask her for a hand for marriage because of her success and beauty. Similarly, Portia’s father loved her and as though he foresaw the challenges that his daughter would face, he decided to leave behind three strongboxes. Each box had a different message addressed to individuals who would try their lack in marrying Portia. Only one of the box contained Portia’s picture and the individual who chose this box had the right to marry her (Williams 67). Different prominent individuals tried their luck and failed. Bassano finally showed up, handsome and whose business was not performing well. His love for Portia drives him to ask for help from Antonia, who promised to give him the money he required to accomplish the task in wooing Portia. Antonia then talked to shylock who agreed to lend him money interest free under the condition that he must refund the money at the stipulated time, failure to which shylock would chop a piece of his body part. Ba ssanio sets his journey to Portia’s who advices him to wait for sometime before making his choose. Bassanio refused and went ahead in his selection on that faithful day, by the grace of God he managed to take the right strongbox. Later the two married and leaved happily thereafter. I did not like the court ruling on the case between Antonio and Shylock. The two characters had an agreement on the terms and conditions of the loan. Shylock had to lend money interest free on the basis that Antonio agreed to refund on time, failure to that, shylock had to cut part of Antonio’s body. Shylock went to seek for the court intervention where the court decides to make a ruling in favor of Antonio (Williams 123). The reason being that, shylock was not a citizen of that country and everyone in the courtroom including the judges were his enemies. At this point, justice failed to prevail. The play