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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:
The determination of inventory requirements of the electric fans component parts and finished goods
The selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements
Determine which system is more desirable and justify your answer, if initial investments for system 1 is $500,000, system 2 is $800,000, and system 3 is $1000,000.
Illustrate what is the probability which the supply of circuit boards will be exhausted before an order is received if boards were ordered when the amount drops to 625 boards.
Most of your supplies are purchased from just a few distributors that call on your store once every two weeks.
Last month, two of the employees were absent several days each, and only 400 trucks were repaired. What are the utilization and efficiency of the repair shop?
What does Bagelz have to do to support franchisees and what does a franchisee bring to the relationship with Bagelz?
Discuss the importance of influence. How you would attempt to apply it to convince your team to work anextra day per week to earn time off later
An electrical appliance will not work unless component QK does. Component QK's reliability is 0.95. Every other part of the appliance is 100% reliable. What would the reliability of the appliance be if a backup QK were added?
This depends on the type of market where the supplier operates. Performing a price analysis typically involves key components that may include historical prices, market prices and published prices. How can the procurement practitioner apply price..
Kelly does not want to be out of stock on more than 1% of his orders. There is a one-day delivery time. The standard deviation of demand is five plugs per day. Assume a normal distribution of demand during lead time and a 7-day work week.
What is the recommended order quantity and what are the annual savings of your inventory policy over the policy currently being used by ShoeCo?
What are the relationships between perceptions, attitudes, behaviors, and job performance. Why are unions exploring new collaboration solutions in the face of economic/work adversity
What purpose do they serve under a performance management system? Performance appraisals are they necessary or not?
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