BUS-4072_FouchTashia_Week3Assignment

Question 1 The monthly demand of a company is showed below, please use the static method to forecast the demand for Year 6. Sales Year 1 Year 2 Year 3 Year 4 Year 5 JAN 2,000 3,000 2,000 5,000 5,000 FEB 3,000 4,000 5,000 4,000 2,000 MAR 3,000 3,000 5,000 4,000 3,000 APR 3,000 5,000 3,000 2,000 2,000 MAY 4,000 5,000 4,000 5,000 7,000 JUN 6,000 8,000 6,000 7,000 6,000 JUL 7,000 3,000 7,000 10,000 8,000 AUG 6,000 8,000 10,000 14,000 10,000 SEP 10,000 12,000 15,000 16,000 20,000 OCT 12,000 12,000 15,000 16,000 20,000 NOV 14,000 16,000 18,000 20,000 22,000 DEC 8,000 10,000 8,000 12,000 8,000 Total 78,000 89,000 98,000 115,000 113,000

Question 5 In the context of account classification, which of the following is a benefit of single-factor analysis? O It employs a matrix system. O It is used for goal setting. It requires no data manipulation. O It provides equal weightage to all categories of accounts. O It uses statistical analysis.

云 < cO # 3 QUESTION 6 A measure of the importance of trade is: OA. Trade as a percentage of employment rate. OB. Trade as percentage of GDP. O C. The dollar value of trade adjusted for inflation. OD. The real value of trade. QUESTION 7 given goods A and B and a budget , if the relative price of A were to increase, the budget line would: A. Shift out in parallel fashion. OB. Shift in a relative fashion. C. Become steeper. OD.Become flatter OUESTION8 MAR 12 tv 08 F3 F2 DD F7 F4 F5 F6 F8 24 2. ) 9 7. 6

Q2. The BCG Matrix is a business model or portfolio planning tool that was developed by Bruce Henderson of the Boston Consulting Group in the 1970's. The main purpose of the BCG Matrix is therefore to make investment decisions on a corporate level. You are required to design a BCG matrix for any textile mill operating in Pakistan. Create an investment portfolio. Justify your investment decisions and strategy for each portfolio examples of situations in business where the Dogs can out earn the Cash cows Provide two

Q.2.2 Compare and contrast between the grassroots forecasting technique and the Delphi method. Q.2.2 Explain integrated service providers in logistics management. Q.2.3 Explain how distribution requirements planning (DRP) is used. Q.2.4 An organisation produces customised wooden furniture. In your opinion, can the organisation utilise triple bottom line (3BL) to improve its production of wooden furniture? Justify your answer by discussing at least 3 key points.

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 15 units at $40 $600 Aug. 13 Purchase 5 units at $41 205 Nov. 30 Purchase 11 units at $42 462 Available for sale 31 units $1,267   There are 9 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the (a) first-in, first-out (FIFO) method; (b) last-in, first-out (LIFO) method; and (c) weighted average cost method (round per-unit cost to two decimal places and your final answer to the nearest whole dollar). a. First-in, first-out (FIFO) $fill in the blank 1 b. Last-in, first-out (LIFO) $fill in the blank 2 c. Weighted average cost $fill in the blank 3

a. Meaning of ABC analysis?

Required information Skip to question   George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks:   Week Units Total Etching Cost 1 9 $ 21 2 12 25 3 13 30 4 9 20 5 11 25 6 18 34   72 $ 155   For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week.   2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y = a + bX.

7.  Question content area left Part 1 Leah​ Johnson, director of Urgent Care of​ Brookline, wants to increase capacity to provide​ low-cost flu shots but must decide whether to do so by hiring another​ full-time nurse or by using​ part-time nurses. The table below shows the expected costs of the two options for three possible demand​ levels:                                                                                   States of Nature​ (demand) Alternatives Low Medium High Hire full−time $300 $480 $680 Hire part−time $0 $340 $1,200 Probabilities 0.20 0.55 0.25 Part 2 ​a) The alternative with the least expected cost is ▼   a. Hire full-time b. Hire part-time The expected cost of this alternative is ​$ ______ ​(enter your answer as a whole​ number). .

Case Problem: Specialty Toys You are an inventory specialist for Specialty Toys, Inc. The company sells a variety of new and innovative children's toys. You know that the preholiday season is the best time to introduce a new toy because many families use this time to look for new ideas for December holiday gifts. When the company discovers a new toy with good market potential, it chooses an October market-entry date. For you to get toys in your stores by October, you place one-time orders with manufacturers in June or July of each year. You are aware that demand for children's toys can be highly volatile. If a new toy catches on, a sense of shortage in the marketplace often increases the demand to high levels and large profits can be realized. However, new toys can also flop, leaving the company stuck with high levels of inventory that must be sold at reduced prices. The most important question you face is deciding how many units of a new toy should be purchased to meet anticipated…

May 77.000 Problem 4 (Regression Analysis, Service Company) Bobby Gonzales owns a catering company that prepares banquets and parties for both individual and business functions throughout the year. Gonzales business is seasonal, with a heavy schedule during the summer months and the year-end holidays and a light schedule at other times. During peak periods there are extra costs. One of the major events Gonzales' customers request is a cocktail party. He offers a standard cocktail party and has developed the following cost structure on a per person basis. Food and bevernges Labor (0.5 hour x PIO per hour) Overhead (0.5 hour x P14 per hour) Total costs per person PI5.00 5.00 7.00 P27.00 Gonzales is quite certain about his estimates of the food, beverages, and labor costs but is not as comfortable with the overhead estimate. This estimate was based on the actual data for the past 12 months presented below. These data indicate that overhead costs vary with the direct labor- hours used. The…

Unit 4 Exercises Question 4.1 Use exponential smoothing with trend adjustment to forecast demand for period 11. Let a = 0.5, B = 0.3, and let the initial trend value be 12 and the initial forecast be 200. 田 Actual Period Demand 1 200 2 212 3 214 4 222 236 221 7 240 8 244 9 250 10 266 Question 4 2

Question 2  Historical demand for gulab jamun from a sweet stall on Commercial Road is as displayed in the table.   Month Demand (orders) January 66,753 February 67,686 March 68,641 April 68,979 May 69,278 June 69,577 July 69,602 August 70,348 September 70,806 October 71,011 November 71,819 December 72,752   What is the forecast for June using Holt's model with an alpha of 0.1 and a beta of 0.2?     69121     69612     70564     63545 Full explain this question text typing

Part B Three-period Four-period Units Units Demanded Period weighted moving weighted moving Demanded Three-period weighted moving average forecast average forecast average forecast Four-period weighted moving average forecast 24 2 25 60 28 50 49 S50 4 32 26.33 46 4.90 39,80 40 41 5 35 29.50 28.6 38 35 38 32.83 31.7 30 32 28 25 26,93 250 es 7 41 36.00 34.9 24 20 8 46 39.00 38 49 43.00 41.8 10 10 53 46.67 45.4 50.50 49.2 1 2 3 4 5 6 7 8 9 10 11 1. Make a comparative analysis out of your answers in the plotted data. (3-5 sentences)

Question 3 Regular output capacity is 130 units per month. Regular cost per unit = K600. Overtime cost per unit K900. Beginning inventory is 0 units. We have the forecast of engine demand shown below: a) Develop a chase plan that matches the forecast. Calculate the cost of the plan. b) Develop a level plan that uses inventory to absorb fluctuations. Compare the costs of the level plan to the costs of the chase plan from Part (a). Inventory carrying cost per unit per month = 20. Backlog cost per unit per month = K900. There should be no backlog in the final month. Month Forecast 1 120 2 3 135 140 4 120 End of assignment 1 5 125 6 125 7 140 = 8 135 Total 1,040

QUESTION THREE (a) The actual demand of a product for 6 months are summarized in Table below: Actual Demand Values Month ( ) t Demand ( ) tD 1 300 2 450 3 700 4 900 5 1200 6 1400 i. Find three months weighted moving averages by assuming the weights 1 0.15 W = , 2 0.36W = and 3 0.49 W = . ii. Compute the mean forecast errors. iii. Compute the mean square error

QUESTION 2 (Part) Marie from question 1 expected to have a substantial income tax liability for the 2023 income year and shortly before 30 June 2023 wanted to adopt some tax planning strategies to reduce that liability. She considered the following two suggestions. ... The second alternative suggestion was a “tax effective” investment scheme that Marie heard about at a city wine bar that was a “certainty” to reduce her income tax liability. The investment was marketed by a brochure that highlighted its tax advantages and was widely  promoted by a cattle investment company. It involves a cattle breeding program under which an investor agrees to lease from the cattle investment company some cows for breeding purposes and pays leasing fees for this, and then makes income from the sale of bred cattle. The initial lease period is two years during which the investor engages a cattle management company to manage the cows for breeding purposes and pays management fees for these services. An…

Answer using irac method  Question 3   The Unemployment Program of the Government of Guava Land has several offices throughout the country, ten (10) to be specific. At these offices, all the administrative matters of the Program are administered, inclusive of payments to suppliers, payroll and Information Technology services. There are several assets and confidential data on each compound such as computer equipment, filing cabinets, personal data and several pieces of furniture.   Within recent times, there were numerous burglaries’ at a number of locations, which resulted in the loss of two million dollars’ worth in items. The Police are currently undertaking an investigation to catch the culprits.   The Minister, who is responsible for the Program, has mandated the Program to procure security services for one year at each location. After a highly competitive procurement process, Big Trouble Security Services secured the contract to provide security services at all the locations.…

3. (Scenario Based Question) Your response to Nicole's Phone Call & "Hi, my name is Nicole and I need your help urgently! I saw a puppy on Facebook which I saw advertised through a mutual friend. The seller asked me to pay £3000 upfront to hold the puppy, which I was ok with as I have done my research and the breeder said they had a KC Registered certificate. So I have sent the breeder £3000 via bank transfer last week. I was meant to pick up the puppy today and when I checked the breeders address on Facebook they no longer exist! (**crying**) I can't pay for my bills or buy food for the kids because this was the last of my money this month. (**angry**) You and Monzo need to protect me against scams like this! I want to raise a complaint to get all my money back straight away!" (Write your response to the customer as if you were a COp at Monzo who had just picked up a call from Nicole, for example "Hi Nicole...")

Q1. General Appliance Corp. produces refrigerators at three plants: Marietta, Minneapolis and Phoenix. They ship them to major retail outlets in Chicago, Los Angeles and New York City. The accounting, production and marketing departments have provided the following information in the given tables; Plant capacities over the next planning period, retail outlet demand and unit cost of shipping between any plant and retail outlet. The company would like to minimize the cost of their transportation network by identifying how many units to ship between each plant and retail outlet. 1. Formulate this linear optimization problem by clearly listing the decision variables, objective function and constraints. 2. Create a spreadsheet model for this problem and solve it using Solver. What is the minimum cost? Plant Supply Marietta 1200 Minneapolis 800 Phoenix 1600   Retail Outlet Demand Chicago 650 Los Angeles 1450 New York City 1500…

PP.52 A manufacturer of solid state drives (SSDs) has projected the next six months of demand to be as shown the table below: Supply/Demand Info Feb 60,800 Mar Apr May Jun 57,200 45,600 46,000 56,200 Forecast (demand) Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost hour Overtime cost/unit Subcontracting costunit Holding cost/unit/month Hiring cost employee Firing cost employee Beginning Jan 48,600 7.200 180 $15 $38 $32 $8 $2,900 $5.300 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/SSD Regular production units/employee/month Max regular production/month Max overtime production/month Max subcontractor production/month 3 200 55,200 3.000 5.200 Assuming the company uses regular production first, then ONLY overtime and/or subcontract production, answer the following questions: What is the regular production…

QUESTION 5:What is demand forecasting and why it’s vital to the company’s operations?

Question 6 of 10    Moving to another question will save this response. Question 6 The following transactions relate to the SHEHNILA CORP. for the month of November 2015:     Product - A Product – B Production 10,000 units 8,000 units Beginning Inventory 1,000 units 900 units Ending Inventory 2,000 units 100 units      Unit Cost applicable to inventories and Production   Direct Material Rs. 4 per unit Rs.  3 per unit Direct Labour Rs. 10 per unit Rs. 20 per unit Factory Overhead Rs. 7 per unit Rs. 14 per unit   Actual FOH was Rs. 182,400, under or over applied factory overhead is to be adjusted in Cost of Goods Sold.   Calculate Conversion Cost.

• Total sales revenue in Quarter 2 decreased by $10 million compared to Quarter 1. Sales revenue in the East was $78 million in Quarter 1. Sales revenue in the West increased by $46 million from Quarter 1 to Quarter 2. Question Arrange the sales revenue (in '000,000s) by quarter and the percentages in the East and West regions. $160 $120 $80 $40 120 50% 50% 80 50% 50% 5 of 7

PP.81 A small manufacturer of specialty welding equipment has developed a level production plan for the next four quarters. Note, however, that this plan is incomplete and requires that you first compute the ending inventory for each quarter (and assume there is no Pre-Q1 ending inventory) before you answer the questions below. Supply/Demand Info Forecast (demand) Regular production Subcontract production Ending inventory Hired employees Fired employees Total employees Pre-Q1 Q1 Q4 Q2 3.500 3.000 7,000 5.125 5,125 5.125 5,125 23 18 41 41 The table below shows additional relevant information: Capacity Information & Cost Variables Production rate (units/employee/quarter) Subcontractor capacity (units/quarter) Regular production cost/unit Holding cost/unit/quarter Hiring cost/employee Firing cost/employee Subcontract cost/unit 125 450 $80 $11 $1,000 $2,750 $128 Q3 7.000 41 41 What is the overall total cost for this production plan? (Display your answer to the nearest whole number.) Number…