Reference no: EM132182220
Each DQ need to be between 175 to 250 words each.
DQ 1 : When Does Optimization Modeling Fit?
Based on this week's reading, identify a contemporary operations and supply chain management example that you believe is well suited to optimization modeling. What aspects of the example led you to this belief? In your initial post for this discussion, describe the example you chose and explain why you believe it to be well suited to optimization modeling.
DQ 2 : Sales and Operations Planning Problems
Review the problems on pages 397-404 of your Operations Management: Processes and Supply Chain text and select one to solve. Post your solution to the discussion board.
The Donald Fertilizer Company produces industrial chemical fertilizers. The projected manufacturing requirements (in thousands of gallons) for the next four quarters are 80, 50, 80, and 130, respectively. A level workforce is desired, relying only on anticipation inventory as a supply option. Stock-outs and backorders are to be avoided, as are overtime and undertime.
a. Determine the quarterly production rate required to meet total demand for the year, and minimize the anticipation inventory that would be left over at the end of the year. Beginning inventory is zero.
b. Specify the anticipation inventory that will be produced.
c. Suppose that the requirements for the next four quarters are revised to 80, 130, 50, and 80, respectively. If total demand is the same, what level of production rate is needed now, using the same strategy as part (a)?
DQ 3 : Sales and Operations Planning Case Study
In your Operations Management: Processes and Supply Chains text, read the "Sales and Operations Planning at Starwood" case study on page 405. Then respond to the case study's questions 1-3 as your initial post for this discussion.
Case : Sales and Operations Planning at Starwood (Case Attached below)
QUESTIONS
1. At what points in the planning process would you expect accounting/finance, marketing, information systems, and operations to play a role? What inputs should these areas provide, and why?
2. Does Starwood employ a chase, level, or mixed strategy? Why is this approach the best choice for the company?
3. How would staffing for the opening of a new hotel or resort differ from that of an existing property? What data might Starwood rely upon to make sure the new property is not over- or understaffed in its first year of operation?
Attachment:- DQ3- Case.rar