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The EGAD Bottling Company has decided to introduce a new line of premium bottled water that will include several designer flavors. Marketing manager Georgianna is predicting an upturn in demand based on the new offerings and the increased public awareness of the health benefits of drinking more water. She has prepared aggregate forecasts for the next six months, as shown, Month May June July Aug Sep Oct Total Forecast 50 60 70 90 80 70 420 Production manager Mark Mercer, has developed the following information. (Note: Costs are in thousands of dollars). Regular production cost: $1 per tankload Regular production capacity: 60 tankloads Overtime production cost: $1.6 per tankload Subcontracting cost: $1.8 per tankload Holding cost: $2 per tankload per month Back ordering cost: $5 per month per tankload Beginning inventory: 0 units Among the strategies being considered are: 1. Level production supplemented by up to 10 tank loads a month from overtime 2. A combination of overtime, inventory and subcontracting. 3. Using overtime for up to 15 tank loads a month, along with inventory to handle variations. QUESTIONS: 1. The objective is to choose the plan that has the lowest cost, which plan would you recommend? 2. Presumably, information about the new line has been shared with supply chain partners. Explain what information should be shared with various partners and why sharing that information is important?
What are the various types and functions of marketing intermediaries? Which are more important for large business and why? Which are more important for the small business and why? How could additional marketing channel options help you better serve y..
What rule of thumb or guidelines would you recommend for deciding whether statistical differences between non-minorities and minorities reflect discrimination occuring throughout and organizations staffing system?
We saw in the Windsor Glass and Profit & Gambit problems that the same excel model worked for both of these problems. However, they were quite different. Compare and contrast Windsor Glass with the Profit and Gambit problem. Include in your answer th..
Why is organizational behaviour model important in management. Elucidate how do individuals affect organizations? Elucidate how does organization affect individuals.
How does the degree of customer contact relate to the kinds of skills needed by service workers and the degree of training they require?
Discuss the role of the managerial accountant in today's business environment. How has the role changed and evolved over time?
What characteristics result in toxic leadership? What are possible repercussions of toxic leadership? Provide a personal experience (do not disclose specific names) or public example of toxic leadership.
What dimensions of quality were highlighted in the Delta Airlines baggage handling case? Would statistical process control tools such as control charts or acceptance sampling be enough to resolve quality shortcomings along all of those dimensions? Wh..
Company Research of five companies is provided in the structured manner in this response. The answer includes references employed.
What is the maximum effective capacity of the system in number of passengers per hour?
According to a study, the mean price of s gallon of unleaded regular gasoline in the United States is $2.45. A s sample of 25 Chicago area gas stations shows the mean price of $2.55. the standard deviation of the population is known to be $0.50. Deve..
Describe a change situation that you have participated in or observed. What lasting images do you have both good and bad that may be useful in this course? Using the cases described in chapter 1 of the textbook as a reference, describe why there are ..
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