. What are some sources of demand variation
Q: When a business decides to outsource some tasks, how much money can they anticipate to save?
A: Businesses that want to save expenses and boost efficiency often outsource their operations.…
Q: The Caribbean Team "Vibes" or "Not": Another Day in the Life of a Call Centre In a rare moment alone…
A: Case Summary- Jennifer Ames, Senior Director for Global Customer Support at GerberGoodstart…
Q: Assuming that the problems identified are the following, what would be your proposed solution to…
A: Service quality and customer satisfaction are critical components of a company's success. Service…
Q: What type of quality cost would "Spoilage due to cold storage failure" be for an online grocery and…
A: Quality cost is the total cost incurred by a company to ensure that its products or services meet…
Q: Find the initial Simplex tableau at the start of Phase II with (fixed) row0 at the bottom for the…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: A project involves fourteen (14) activities identified by the code letters A to N. The table below…
A: An activity on an arrow diagram, also known as an arrow diagram or an arrow network, is a graphical…
Q: Are barriers to m-commerce exist, and if so, what are they? So how do you plan on beating them?
A: Below are the points whether barriers to m-commerce exist or not:
Q: examine the term settlement in the context of industrial relation
A: Below is the explanation of the term settlement in the context of industrial relation:
Q: Philip Nelson owns a fireworks store. Philip's fixed costs are $10,000 a month, and each fireworks…
A: To find: (a) The break even point. (b) The new break even point. (c) The indifference points.…
Q: a) Draw an arrow diagram representing the project. b) Find the total float for each activity. c)…
A: A network diagram shows the sequence of the task that is done to complete a project. It usually…
Q: at many workshops Oracle Pty ran, most delegates have shown a keen intersest in furthe exploring the…
A: The Medium-Term Revenue and Expenditure Framework (MTREF) is a strategic tool utilized in the turn…
Q: How did you get 26.25 (pinakbet) and 6.25 (sinigang) to maximize sales and minimize the quantity?…
A: Objective: Maximise: 135X+150Y Sub to: String beans: X + 3Y ≤ 45Okra: 5X + 3Y ≤ 150 Meat: 2X +…
Q: The coefficient of variation for inter-arrival times of customers arriving at a sandwich shop is…
A: Given that, inter-arrival times of customers arriving at a sandwich shop is equal to 3.
Q: A) Prepare the PERT network. B) Determine the critical path and its completion time in weeks. C)…
A: A network diagram shows the sequence of the task that is done to complete a project. It usually…
Q: Please write a Strategic Mission and Vision Statement for a Taxi Service called D Taxi's
A: Introduction: A vision and mission statement is important for any organization, as it provides…
Q: Thesis title: System and Digitalization: its effect to the inventory mangement to the construction…
A: A conceptual paradigm, also known as a conceptual framework, is a visual or written model that…
Q: what exactly is the focus of the new paradigm for risk management? In what ways is it an improvement…
A: The focus of the new paradigm for risk management is discussed below:
Q: What precisely is meant by the term "framework," and how does one go about establishing one?
A: Introduction: A framework can be used to address a wide range of challenges, such as project…
Q: Bay Oil produces two types of fuels (regular and super) by mixing three ingredients. The major…
A: There are six decision variables are as follows: R1: # of barrels of ingredient 1 used in Regular…
Q: Question 1: Which of the following best defines " stockout costs"? options: A) They are physical…
A: Stockout costs allude to the costs caused by a business when it runs unavailable or inventory of a…
Q: 1. Describe the role of a TPS, MIS, DSS and EIS in a service organization and their…
A: Answer: In a service organization, a TPS (Transaction Processing System) is responsible for…
Q: ist three ways that you could use to coordinate and communicate quality responsibilities with…
A: Projects succeed provided that your teams have serious areas of strength for is project teams areas…
Q: 1. A dealer wishes to purchase a number of fans and sewing machines. He has only 5760 ETB to invest…
A: Decision Variables: Suppose-X1 be the no. of fans to be purchased X2 be the no. of sewing machines…
Q: Whether businesses like it or not, bloggers have tremendous power. A positive review on a popular…
A: The ascent of social media and online platforms has led to another type of influencer - bloggers.…
Q: How did you solve for the isoprofit line
A: LP has many practical applications, such as resource allocation, production planning, and…
Q: Kuttas is a sportswear and equipment supplier based in the Africa. It is one of Africa's leading…
A: TWOS Matrix, otherwise called TOWS Matrix, is a strategic arranging device used to recognize and…
Q: Someone impersonates a company and gets a certificate from a certificate-issuing body. What happens…
A: If someone impersonates a company and obtains a certificate from certificate-issuing body, it can…
Q: PLEASE MAKE 5 PROGRAM LEARNING OUTCOMES OF THE SUBJECT STRATEGIC MANAGEMENT. PLEASE BASE ON THE…
A: Strategic management refers to the process of formulating and implementing the strategies, goals,…
Q: A company's biggest vulnerability in employing a best-cost provider strategy is A) getting trapped…
A: The best-cost provider strategy is a competitive approach where a company tries to offer a product…
Q: The following is information on the number of defective components in 1000 boxes: Number of…
A: Given-
Q: Draw a precedence diagram. b. What cycle time would provide the desired output? c. What is the…
A: For the given question, I could see that each work element comes with the immediate predecessor…
Q: Logistics Consultants Inc. (LCI) provides various logistics analysis services to other firms,…
A: Here using the center of gravity method, so the Project manager of LCL can recommend the city:…
Q: Investigate how the production planning of the beer business is carried out, based on the following…
A: Production planning is the process of creating a plan for the efficient use of resources in the…
Q: Draw a Gantt chart for establishment of Part Time Educational Institute? Remember to follow the…
A: Here, first I would define the tasks needed for establishing a part-time educational institute, each…
Q: a factory that produces a small number of items per day. In about 30% of working days the factory…
A: A: the factory produces 7 units of the product. B: the factory produces 8 units of the product. C:…
Q: The Faculty of Science at UPOS had procured a suite of thirty (30) Smart Digital Lockers and were in…
A: A requirements engineering technique called the Volere model was first presented in 1995. It's…
Q: one factor per each of the pestle elements
A: The macro-environmental analysis is a crucial aspect of business strategy as it involves analyzing…
Q: Describe the use of a hardball negotiation tactic in a big telecom business. Include the following…
A: Below is the use of a hardball negotiation tactic in a big telecom business:
Q: What is the critical path?
A: The critical path is a crucial concept in project management that refers to the sequence of…
Q: Rare: Strategic decisions are unusual and typically have no precedent to follow.? Give same…
A: Designing, managing, and improving company operations are the main goals of the discipline of…
Q: The many kinds of project control philosophies and the projects they could be appropriate for should…
A: Project control philosophies can be defined as the various frameworks or approaches that can be…
Q: The probability that the seminar will be ready in time is 0.8643 (Enter your response rounded to…
A: A network diagram shows the sequence of the task that is done to complete a project. It usually…
Q: Assume that you have been selected and hired by the FAO to manage this FAO Funded Aquaponics Project…
A: Project management is the process of planning, organizing, and coordinating resources to achieve…
Q: Topic: Managment Information system Please read and answer the different parts operational…
A: Below are the answers for the discussion given:
Q: n the midst of this pandemic, what opportunities exist to make use of information technology to…
A: The COVID-19 pandemic has highlighted importance of information technology in enhancing overall…
Q: What is the utilization of the help desk?
A: Utilization, which is calculated as the average number of busy servers (here arrival students)…
Q: ERP systems often conform to standard procedures. Whose standards, therefore, are the right ones?…
A: ERP systems are designed to streamline and standardize business processes across an organization,…
Q: What is the most common quantitative research design that businesses rely on?
A: The creation, execution, and improvement of business processes that produce and deliver goods and…
Q: What are an airline's most important resources? How few computing resources will keep the business…
A: An airline's most important resources aircraft, trained pilots and other staff, fuel, airports,…
Q: Differentiate the types of appointment methods found at 7-2c and tell us which one you believe is…
A: Appointment methods allude to the various manners by which individuals can plan and affirm…
A. What are some sources of demand variation
B. Describe three classical strategies for capacity and demand planning and management
Step by step
Solved in 2 steps
- Table 5.1: The demand forecast developed for the year ended 31 December 2022. Month Production days Demand forecast Jan 16 150 Feb 16 150 Mar 23 250 Apr 21 250 May 22 400 Jun 22 500 Jul 21 600 Aug 20 750 Sep 20 450 Oct 20 250 Nov 16 150 Dec 16 150 1. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). 2. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number).1. David Villa Manufacturing has the following demand aggregate requirements And other data for the next four periods: Quarter Forecast 1 1400 2 1200 3 1600 4 1500 COSTS/OTHER DATA Previous quarter’s output = 1,300 cases Beginning inventory = 0 cases Stock out cost = $50 per case Inventory holding cost = $10 per case at end of quarter Hiring employees = $40 per case Terminating employees = $80 per case Subcontracting cost = $60 per case Unit cost on regular time = $30 per case Overtime cost = $15 extra per case Capacity on regular time = 1,800 cases per quarter The three initial options he wants to evaluate are: Plan A: a strategy that hires and fires personnel as necessary to meet the forecast. Plan B: a level strategy. Plan C: a level strategy that produces 1,350 cases per quarter and meets the forecast demand with inventory and subcontracting. Which strategy is the lowest-cost plan? If you are…Charles Lackey operates a bakery in Idaho Fals, Idaho. Because of its excellent product and excelent location, demand has inoreased by 25% in the last year. On far boo many occasions, customers have not been able to purchase the bread of their choice. Because of the size of the store, no new ovens can be added. At a statf meeting, one employee suggested ways to load the ovens differently eo that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded by hand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,500 loaves per month, Employees are paid S8 per hour. In addtion to the labor cost. Charles also has a constant utity cost per month of $850 and a per loaf ingredient cost of $0.50 Current multtactor productivity for 640 wark hourn per month - 0223 loavesidolar (round your response to three decimal places) Ater increasing the number of…
- A Pizza Company has a demand forecast for the next 12 months that is shown in Table 1 The current workforce of 100 staff can produce 1500 cases of pizzas per month. (a) Prepare a production plan that keeps the output level. How much warehouse space would the company need for this plan? (b) Prepare a demand chase plan. What implications would this have for staffing levels, assuming that the maximum amount of overtime would result in production levels of only 10 per cent greater than normal working hours? Table 1 demand forecast Month Demand (cases per month) January 600 February 800 March 1000 April 1500 May 2000 June 1700 July…#3 - At Freeze Inc. the manufacturing of each air conditioning has a variable cost of $400 per unit and it takes place in a facility that has a monthly fixed cost of $200,000. a. If Freeze Inc. sells each unit at $1,200 how many units do they need to sell every month to break-even? b. What is the monthly revenue at the break-even point? с. What is the monthly variable cost at the break-even point? d. What is the total operating cost at the break-even point? e. If Freeze Inc. sells 1,000 units at $1,000 each on a given month, calculate the profit. acerSolve the following questions Q1. A. From the following forecast determine the monthly inventory balances required to follow a plan of letting the inventory absorb all fluctuations in demand. In this case, we have a constant work force, no idle time or overtime, no back orders, no use of subcontractors, and no capacity adjustment. Assume that the firm does not use safety stock or cushion inventory to meet the demand. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Month Forecasted demand 90 220 210 400 612 700 378 220 200 110 100 260 Production days 22 18 21 20 22 20 21 22 20 25 19 20
- The current data for five trees that will be analyzed in the exercise are shown in the following table Expected Yearly Demand Quantity For Sale In-Field Quantity 440 74 Trees Christmas Palm Washingtonia Gumbo Limbo Yellow Poinciana Weeping Podo 81 165 159 49 185 Trees Christmas Palm Washingtonia Std Dev 31 155 35 32 68 Gumbo Limbo Yellow Poinciana The "expected yearly demand" is an estimate of the demand over the next year for the tree. The "std dev" is the standard deviation, a measure of the error, that corresponds to the forecast. For-sale and in-field quantities are given, and finally the total number of trees planted on the farm. The demand forecast and quantities are updated on an ongoing basis as trees are sold and planted on the farm. 374 70 42 290 Your first task is to evaluate the inventory "position" of each tree. The farm does not keep any backorder information, so the only data you have is "for-sale" and "in-field" quantities. Think about "for-sale" as on-hand trees, and…a) GOT7 Soda Pop, Inc., has a new fruits drink. The production planner has assembled the following cost data and demand forecast as follow: [GOT7 Soda Pop, Inc., mempunyai minuman buah-buahan yang baru, Perancang pengeluaran telah mengumpul data tentang kos dan ramalan permintaan seperti berikut:] Quarter Demand 1,800 First Second 1,200 Third 1,600 Fourth 1,300 Table 1: Cost and demand forecast [Jadual 1: Kos dan ramalan permintaan] Previous quater's output 1,300 cases Beginning inventory 0 cases Stockout cost Inventory holding cost Hiring employees Terminating employees Subcontracting cost Unit cost on regular time Overtime cost RM150 RM40 per case at the end of quater RM40 per case RM80 per case RM60 per case RM30 per case RM15 extra per case You as the production planner need to develop an aggregate planning. You are required to: [Anda sebagai perancang pengeluaran perlu membangunkan perancangan agregat Anda dikehendaki untuk:] i) Assess plan A: strategy that hires and fires…c. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). MONTH PRODUCTION DAYS DEMAND FORECAST DEMAND PER DAY JAN 2022 16 150 ? FEB 2022 16 150 ? MAR 2022 23 250 ? APR 2022 21 250 ? MAY 2022 22 400 ? JUN 2022 22 500 ? JUL 2022 21 600 ? AUG 2022 20 750 ? SEP 2022 20 450 ? OCT 2022 20 250 ? NOV 2022 16 150 ? DEC 2022 16 150 ? TOTAL ? ? d. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number). e. Prepare a graph showing the monthly forecasts and average daily forecast (in units per day) for MPQ Limited.
- Charles Lackey operates a bakery in Idaho Falls,Idaho. Because of its excellent product and excellent loca-tion, demand has increased by 25% in the last year. On far toomany occasions, customers have not been able to purchasethe bread of their choice. Because of the size of the store, nonew ovens can be added. At a staff meeting, one employeesuggested ways to load the ovens differently so that moreloaves of bread can be baked at one time. This new processwill require that the ovens be loaded by hand, requiring addi-tional manpower. This is the only thing to be changed. If thebakery makes 1,500 loaves per month with a labor produc-tivity of 2.344 loaves per labor-hour, how many workers willLackey need to add? (Hint: Each worker works 160 hours permonth.)What is aggregate demand forecast?Sapphire Aerospace operates 52 weeks per year, and its costof goods sold last year was $6,500,000. The firm carries eightitems in inventory: four raw materials, two work-in-processitems, and two finished goods. Table 12.3 shows last year’saverage inventory levels for these items, along with their unitvalues.a. What is the average aggregate inventory value?b. How many weeks of supply does the firm have?c. What was the inventory turnover last year?