Posted: May 1st, 2022

Khan Corporation is a midsize, privately owned, industrial instrument

Question Assignment 1:​​​​​​​​ (6 Marks)

Khan Corporation is a midsize, privately owned, industrial instrument producer supplying precision tools to producers within the Midwest. The company is 10 years outdated and makes use of an built-in ERP system. The executive places of work are situated in a downtown constructing and the manufacturing, transport, and receiving departments are housed in a renovated warehouse a few blocks away. Prospects place orders on the corporate’s web site, by fax, or by phone. All gross sales are on credit score, FOB vacation spot. Through the previous 12 months gross sales have elevated dramatically, however 15% of credit score gross sales have needed to written off as uncollectible, together with a number of massive on-line orders to first-time prospects who denied ordering or receiving the merchandise. Buyer orders are picked and despatched to the warehouse, the place they’re positioned close to the loading dock in alphabetical sequence by buyer title. The loading dock is used each for outgoing shipments to prospects and to obtain incoming deliveries. There are ten to twenty incoming deliveries every single day, from a number of sources.

The elevated quantity of gross sales has resulted in a variety of errors during which prospects have been despatched the incorrect objects. There have additionally been some delays in transport as a result of objects that supposedly have been in inventory couldn’t be discovered within the warehouse. Though a perpetual stock is maintained, there has not been a bodily rely of stock for 2 years. When an merchandise is lacking, the warehouse workers writes the data down in log guide. As soon as a week, the warehouse workers makes use of the log guide to replace the stock information. The system is configured to arrange the gross sales bill solely after transport staff enter the precise portions despatched to a buyer, thereby making certain that prospects are billed just for objects truly despatched and never for something on again order.

Questions:

A. Determine a minimum of three weaknesses in Khan Corporation’s income cycle actions. [2 points]

B. Describe the issue ensuing from every weak spot. [2point]

C. Suggest management procedures that ought to be added to the system to right the weak spot. [2 point]

Question Assignment 2:​​​​​​ (2Marks)

One of many threats related to having staff telecommute is that they could use company-provided assets (e.g., laptop computer, printer, and so on.) for a facet enterprise. What are another threats?

Question Assignment three:​​​​​​ (2Marks)

Determine and talk about two strategies of manufacturing planning?

2

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