Identify nontraditional business event

Assignment Help Operation Management
Reference no: EM131270193

Identify a nontraditional business event, such as forecasting demand for t-shirts following the Super Bowl, or the amount of relief aid needed following an earthquake. What do you think would be the best way to forecast such an event—qualitative or quantitative—and why? What are the implications of forecast error on supply chain management?

Reference no: EM131270193

Questions Cloud

Define charasterristics of learning organization : Are you part of a learning organization? what are the define charasterristics of learning organization and the basic principles of learning organizations? have any of your ideas about learning changed? and what do you understand basic factors of valu..
Primary responsibility for ensuring the quality-timeliness : In 1994, in the early days of the internet, domain names were free for the asking. At that time, Network Solutions, Inc. (NSI), was the sole registrar of domain names. NSI had a contract with a federal government agency stating that NSI had the prima..
Write an hdl module for improved traffic light controller : Sketch your improved Moore machine state transition diagram, state encodings, state transition table, output table, next state and output equations, and your FSM schematic.
Confidence interval for the population mean weight : A sample of 25 items yields = 50.0 grams and s = 2.5 grams. Assuming a normal distribution, construct a 99 percent confidence interval for the population mean weight. Please show work
Identify nontraditional business event : Identify a nontraditional business event, such as forecasting demand for t-shirts following the Super Bowl, or the amount of relief aid needed following an earthquake. What do you think would be the best way to forecast such an event—qualitative or q..
Write the next state and output equation : Choose state encodings and write a combined state transition and output table using your encodings. Write the next state and output equations and sketch your FSM schematic.
Emission reductions under direct action : How does carbon tax affect/impact the transport sector in Australia. Provide examples where there has been clear liability under the carbon tax policy Has the transport sector sold emission reductions under direct action? (ERF)
Explain fundamental advantage and disadvantage of e-commerce : Describe the fundamental advantages and disadvantages of e-Commerce, as compared to traditional commerce. Next, identify what you believe to be the most widely used business model of e-Commerce.
Find the total income received to the nearest dollar : The rate of flow of a continuous income stream.- Find the total income received, to the nearest dollar, from the end of the first year to the end of the fourth year.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd