Supply chain
Supply chain
Review the Riordan Manufacturing Virtual Organization by following the below steps:
1-Access this link https://ecampus.phoenix.edu/secure/aapd/CIST/VOP/Business/Riordan/Internet/index.asp
2- Username: mobin1234 password: Summer1312?
3- Click on classroom tab OPS/571 Operations Management > week 4
4- Click on Supply Chain Design Paper assignment
5- Click on Riordan Manufacturing
• Describe how lean production principles may be used to maximize the efficiency and effectiveness of the electric fan supply chain process
• Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan
• Create a sales forecast for electric fans using selected techniques
• Develop Aggregate Production Plan, Master Schedule, and Materials Requirement Plans for electric fans based off the sales forecast. Be sure to include the following:
o The determination of inventory requirements of the electric fans component parts and finished goods
o The selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements