Firms can tap into to forecast the demand for their product

Assignment Help Operation Management
Reference no: EM131042369

There are many external sources of information that firms can tap into to forecast the demand for their product. Discuss the 5 most common types of information that can be used to evaluate general business trends in the economy. Provide an example for each. Should be at least 250 words.

Reference no: EM131042369

Questions Cloud

Discrimination against interstate commerce : The idea that goods, which are moving from one state to another cannot be taxed by a state based on the act of transporting the goods from one state to another is a/an a) eminent domain, b) excessive burden on interstate commerce, c) discrimination a..
Orientation-training and employee development : This questions for Human Resources Management HRM people. I only picked "Operation Management" as a subject because I only have 4 choices. Briefly describe each of the following HR practices. Explain when each should be used and provide an example of..
Discuss major distinguishing characteristics of bureaucracy : Discuss the major distinguishing characteristics of a bureaucracy, matrix organization, flat organization, and hybrid organization.
What is the total annual inventory cost-basic quality tools : A company uses 121,000 units a year. If the inventory carrying charge is 25%, the item costs $60 a unit, and an order costs $75, how many should be ordered at a time if they are using EOQ ordering rules? What is the total annual inventory cost? List ..
Firms can tap into to forecast the demand for their product : There are many external sources of information that firms can tap into to forecast the demand for their product. Discuss the 5 most common types of information that can be used to evaluate general business trends in the economy.
Why might the unsafe consumer products argument : Why might the unsafe consumer products argument be a more effective strategy (from the perspective of the importing country) than using tariffs or quotas to restrict imports?
Identify a current event happening that has legal : Utilize media resources (i.e. video, television, newspaper, etc.) to Identify a current event happening that has legal and ethical implications from healthcare perspective. Write a 5-6 page paper that analyzes the problems and develops solutions u..
Customer satisfaction is reduced waiting times : As the branch manager of a bank, naturally, you want to make your customers happy. An important factor in enhancing your customer satisfaction is reduced waiting times. You are not happy with the current estimates of the waiting times in your branch...
Why might tax on domestic consumption of resources critical : Why might a tax on domestic consumption of resources critical for national security be a more efficient approach than barriers to imports?

Reviews

Write a Review

Operation Management Questions & Answers

  Define and describe political risk

In your own words, define and describe political risk. Create an impressive definition that demonstrates to potential employers or clients that you can clearly articulate the risks associated with international management.

  What should you tell the manager of the car wash

You also find that the car wash is positioned above the zone box on reliability but below the box on responsiveness. What should you tell the manager of the car wash to do?

  Would that be ethical? what would you do if you were sam

Several employees, including Sam, have spoken to him about this, but he continues to do it. Sam has observed a drop in morale among his coworkers due to this. Sam is thinking about sending an anonymous note to Dom boss. Would that be ethical? What..

  What values have resulted from this strategic partnership

HR is a strategic partner in companies. How, specifically, has technology created this strategic partnership? Share an example. What values have resulted from this strategic partnership?

  What is a variable

What is a variable? Describe at least two levels of each variables selected above. Define what is meant by an operational definition of a variable. Use two of the variables you listed above and give an operational definition for each one.

  Instruments has two manufacturing plants

Davis Instruments has two manufacturing plants in Atlanta, Georgia. Project demand varies considerably from month to month, causing Davis extreme difficulty in workforce scheduling. Recently Davis started hiring temporary workers supplied by WorkForc..

  Explain the concept of core values

Explain the concept of core values and include an example. Who defines an organization's core values?

  Which of statements below describes IRR decision criterion

Which of the statements below describes the IRR decision criterion?

  Discuss ethical issues involved in off shoring & outsourcing

Both big and small U.S. and European companies rely upon foreign companies for everything from software development to financial analysis. Discuss the legal, moral and ethical issues involved in off-shoring and outsourcing.

  What are the potential negative consequences either way

You are a Contracting Officer for the Navy. You have released a solicitation through the Navy’s Seaport-e Multiple Award Contract for an IT contract with an estimated value of $150 million. Offerors are required to submit their proposals electronical..

  Calculate the value of bonds

Genny, Inc. bonds have a 9% coupon rate with semi-annual coupon payments. They have 9 1/2 years to maturity and a par value of $1,000. Compute the value of Genny's bonds if investors' required rate of return is 7%.

  Explain how nontraditional work schedules might make

As a business employer, explain how nontraditional work schedules might make it easier for you to recruit employees.

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