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Assignment: Supply chain management
You are the director of supply chain planning over at PlushToysInc Corp. and you are tasked with implementing an aggregate planning strategy.
Your CEO meets with you and says it's time to roll out the newest stuffed animals for the holiday season.
The company recently completed a sales forecast totaling 7,000 units to satisfy customer demand.
You have two options:
Option 1 - make 6,000 stuffed animals with a marketing budget of $600,000. This makes you work under demand and with less inherent risk.
Option 2 - make 7,000 stuffed animals to meet the forecast with a marketing budget of $700,000.
Look at both options and apply principles from chapter 10 to explain which methods will work best to carry out your directives and why. (more than 300 words).
The company wants to plan its production schedule over the year in such a way that it meets the quarterly demands and minimizes the total inventory cost. Formulate and solve this production planning problem. Assume the solution need not be integer. W..
3.How would you set up Zara's supply chain to service the North American region?
You will also experience the Bull-Whip Effect as you practice in the EBBD simulation - What feedback would you like to have, specifically, as you determine your weekly orders for Kentucky Swamp Brew? How would get such information?
What are the goals and benefits of supply chain integration? How can we integrate internally and externally? Discuss six different contexts of integration which are: customer integration and internal integration.
What are the advantages and disadvantages for SME to implement Greer, Supply Chain Management? Explain with relevant example of a SME that has successfully implemented green supply chain in their business process
Assume that a 1.5-day buffer inventory is needed to deal with any production interruptions. Describe the drummer-buffer-rope concept using the Young data to illustrate the process.
Explain the concepts of terminal value and modified internal rate of return as they are applied to the management of medical projects. Provide a specific example related to your own work or professional interests.
Read this article and formulate an opinion on why maverick spending could be positive or negative. Use real world examples to substantiate your position.
The benefits of outsourcing SCM out-shadow the risks: Hence, the continuous adoption of the outsourcing strategies in modern retail sectors, for improved responsiveness and effectiveness, and increased performance. What is your opinion?
Identify a number of the typical criteria used when making new location decisions
difference between heavy lift surcharge and long lift surcharge difference between re-order levelroland re-order
If the company uses a level-production, level-employment SOP plan with a target ending inventory at the end of these four months being 30 pounds.
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