Explain what ABC production analysis consists of.
Q: If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to…
A: The bullwhip effect is caused by fluctuation which results in the form of variance. It is induced by…
Q: Discuss how aggregate planning differs when a company doesn't provide a tangible product?
A: Aggregate planning is a technique for projecting future demand volume and timing (3-18 months). It…
Q: Eagle Fabrication has the following aggregate demand requirements and other data for the upcoming…
A: Given Information: Step 1: Quarter Demand 1 1400 2 1000 3 1500 4…
Q: Explain why aggregate planning is different when a business does not produce a tangible good
A: Aggregate planning is a technique for forecasting the volume and timing of future demand (3-18…
Q: What events might occur when an organization is out of stock of a needed product? How might the cost…
A: Stock outs include a condition where, at the time of requirement, desired amounts of finished…
Q: Explain the managerial significance of aggregate planning.
A: The aggregate plan is the output of sales and operations planning. The major concern of aggregate…
Q: Explain what the term aggregate in “aggregate planning”means.
A: Manufacturing refers to the production of products for either use or for sale, by using labor and…
Q: Which of the four costs relevant to aggregate production planning is the most difficult to…
A: Aggregate production planning involves making plans for the current production levels to meet the…
Q: Explain what the hybrid aggregate plan is and why it isused.
A: A hybrid aggregate plan is nothing but a technique that uses a combination of level and chase…
Q: Discuss why it is important for hard rock cafe to accurately forecast demand and information…
A: Hard Rock Cafe is a restaurant chain which is founded in the year 1971 in London and has venues in…
Q: Explain how aggregate planning is different when thecompany does not provide a tangible product.
A: Aggregate planning is a technique for analysing the quantity and timing of demand in the future…
Q: Kansas Furniture has received the following demand requirements: Month Demand July…
A: Note: Since there is no capping on subcontracting, the requirements will be fulfilled by…
Q: gregate production plan for Bioway using (a) chase demand and (b) a mixed strategy where the current…
A: Below is the solution:-
Q: Describe the output of aggregate planning. When is aggregate planning most useful?
A: Aggregate planning is a type of planning system in the process of production in a marketing activity…
Q: Production Strategy of Ilocos Norte Electric Cooperative Production Location Inventory Method Use…
A: So we can say that where I think Ilocos Norte is the biggest wind farm in the Philippines and the…
Q: Disaggregate an aggregate plan
A: Aggregate planning provides a common point at which capacity and inventory can be considered jointly…
Q: GOT7 Soda Pop, Inc., has a new fruits drink. The production planner has assembled the following cost…
A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: What is the managerial significance of aggregate planning. Explain
A: Below is the solution:-
Q: Jet skis and snowmobiles are assembled by Mobile Incorporated. Because both end-items use the same…
A: Aggregate planning is a cycle to create, examine, and keep a timetable of the general activities of…
Q: Explain the importance of management in aggregate strategy.
A: Manufacture means the manufacture, by using work and machinery, instruments, as well as other…
Q: Briefly explain the manufacturing aggregate planning?
A: Manufacturing is the process of converting raw materials into finished goods. A number of activities…
Q: Identify any three supply related options in aggregate planning? Explain each one in detail,…
A: Aggregate planning for your complete supply chain may be a realistic choice if your production…
Q: Who is responsible for generating raw material requisition?
A: In an organization, there are different roles and responsibilities based on the degree of skills and…
Q: Sapphire Aerospace operates 52 weeks per year, and its cost of goods sold last year was $6,500,000.…
A: 52 weeks per year COGS = $6,500,000
Q: SOLVE MANUALLY Jet skis and snowmobiles are assembled by Mobile Incorporated. Because both…
A: Level plan means producing equal output in each period.
Q: Cyberphone, a manufacturer of cell phone accessories,ended the current year with annual sales (at…
A: Formula:
Q: Describe the link between inventory levels and production schedule?
A: Administration & Generation Plan: Master Generation Planning is how a manufacturer determines…
Q: Explain how an aggregate production plan is made.
A: Aggregate production planning - is reasonable for operation management. It is linked with the…
Q: When used for services rather than production, how does the aggregate preparation mechanism differ?
A: Aggregate preparation refers to the method of creating, reviewing, and managing a broad and…
Q: List the strategic objectives of aggregate planning. Whichone of these is most often addressed by…
A: Aggregate Planning: It is the arranging procedure of creation measure, which assists with arranging…
Q: explain how the analysis would change if office space were in high demand.
A: Risk analysis is the risk evaluation process on the basis of how much project outcomes or objectives…
Q: Discuss what is hybrid aggregate plan and why it's used ?
A: A hybrid aggregate plan is nothing more than a technique that blends level and chase procedures when…
Q: Prepare a master schedule based on the following information: Week 1…
A: Given Data- Week 1 2 3 4 5 6 7 8 Forecast 500 500 600 600 750 750 900 800 Orders 540 470 325…
Q: State what is meant by manufacturing aggregate planning ?
A: Manufacturing is the process of combining labour, tools, equipment, and other biological or chemical…
Q: State and explain manufacturing aggregate planning ?
A: Production is the process of developing finished products using raw materials and resources for the…
Q: Discuss manufacturing aggregate planning?
A: Manufacturing combines labor, tools, equipment, and other chemical or biological ingredients to make…
Q: Access a major vendor of business software, such as SAPor Oracle. Read about their demand…
A: Demand Management can be defined as the process of supply chain management that helps in balancing…
Q: Jack Jones, the materials manager at Precision Enterprises, is beginning to look for ways to reduce…
A: a.
Q: List at least three of the four costs relevant to the aggregate production plan.
A: It is a critical operational planning activity important to the organization as it looks at…
Q: a) What is the economic quantity for Ben to order? b) At what inventory level should he place an…
A: Annual Demand (D) = 5000Cost = $ 3Ordering cost (O) = $ 10Holding Cost (H) = 20% of Cost = $…
Q: Mr. Waleed is running furniture manufacturing business. He required raw material on regular basis.…
A: Normal usage was 50 units Average usage was 40 units Total of normal and average unit = 50+40 = 90…
Q: Visit either a local manufacturer or service provider (or research one online). Determine how it…
A: Aggregate planning is the process of developing, analyzing, and maintaining a schedule of the…
Explain what ABC production analysis consists of.
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- Explain what the hybrid aggregate plan is and why it isused.If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order 1/12 of that annual demand each month, what would its bullwhip measure have been?Over the past 12 months, Super Toy Mart hasexperienced a demand variance of 10,000 units and has produced an order variance of 12,000 units.a) What is the bullwhip measure for Super Toy Mart?b) If Super Toy Mart had made a perfect forecast of demandover the past 12 months and had decided to order 1/12 ofthat annual demand each month, what would its bullwhipmeasure have been?
- Please provide answers to subparts d to J: Company B is a retailer of mobile phones in Australia that works 250 days in a year. The manager is determining a minimum-cost inventory plan for an upcoming phone to be launched in the market. She has collected the following information: • Annual demand: 1000 phones • Phone cost: $1,214 each • Phone RRP: $1,349 each • Net weight: 163 g each • Tare weight: 277 g each • Annual inventory holding cost: 15% • Cost per order to replenish inventory: $75 • Annual in-transit holding cost: 10% • Freight rate: $8.10 per kg • Time to process order for freight: 1 days • Freight transit time: 3 days Solve this problem using a non-linear programming (NLP) model to determine the followings: d. The total cost for holding the inventory e. The total cost for transportation f. The total cost for holding the phones during transit g. The total cost for this inventory plan h. The number of orders i. Ordering point j. The profit from this inventory planWhat does sales and operations planning serve? Explain the S&OP procedure?FarmBox is a company who grow and distribute fresh food produce directly to customers via an online ordering platform, based in Cheshire, UK. The company started in 2019 and began as a family run business that was staffed by 4 family members plus two farmhands, with the use of one delivery van.As the Covid pandemic struck in 2020 the business experienced unexpected rapid growth with orders tripling almost overnight, whilst the firm has the product to meet the demand of customers, investment wasneeded in equipment and more importantly, the number of staff needed to increase immediately if productivity was to remain effective.To address this the owner placed an online advert for farmhands requiring CV’s to be emailed to the business. Candidates that FarmBox were interested in took part in a 20 minute online video interview that aimed to determine their skills and suitability and then successful candidates began work once they were able to evidence that they were free of the Covid virus.…
- Last year, the retailer's weekly variance of demand was 100 units. The variance of orders was 250, 300, 400 and 600 units for the retailer, wholesalers, distributing and manufacturer. respectively (note that the variance of orders equals the variance of demand for that firm's supplier) A. calculate the bullwhip measures for the retailer, wholesales, distributor and manufacturer? B. what is the bullwhip effect for the entire supply chain? C. provide actionable guidelines (with anticipated bullwhip measures of each point on how to reduce bullwhip measures to 2 in the supply chain? All your calculations has to be done on paper and has to be done on excel sheets. Each question you must show the formula used to calculate the answer in excel sheet in order to use excel in exam.Over the past 12 months, Super Toy Mart has experienced a demand variance of 10,250 units and has produced an order variance of 12,050 units. Part 2 a) The bullwhip measure for Super Toy Mart is ______ (round your response to two decimal places). Part 3 b) If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order 1/12 of that annual demand each month, the bullwhip measure would have been ______ (round your response to the nearest whole number.)Sapphire Aerospace operates 52 weeks per year, and its cost of goods sold last year was $6,500,000. The firm carries eight items in inventory: four raw materials, two work-in-processitems, and two finished goods. Table 12.3 shows last year’s average inventory levels for these items, along with their unit values.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?