Question

Describe the process of managing demand?

Expert Answer

Want to see the step-by-step answer?

Check out a sample Q&A here.

Want to see this answer and more?

Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

*Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.
Tagged in
Business
Operations Management

Other

Related Operations Management Q&A

Find answers to questions asked by students like you.

Q: Discuss the role of ocean carrier alliances in internationallogistics.

A: Carriers realize that business tasks can be tight, particularly about the variable operational expen...

Q: Mike’s Garage, a local automotive service and repair shop, uses oil filters at a fairly steady rate ...

A: Economic Order Quantity=2×λ×KH=2×2,400×505×0.25=240,0001.25=438 units Hence, the economic order quan...

Q: What are the similarities between MRP and DRP?

A: Material requirement planning (MRP) is the scientific methodology for planning the order and usage o...

Q: Using an example, discuss the meaning of the term risk assessment matrix.

A: The technique or method developed to analyze the risk of the company is known as the risk assessment...

Q: Using an example, discuss the meaning of the term risk assessment matrix.

A: Click to see the answer

Q: Explain how companies use order placement and order fulfillment.

A: We need to understand what is Order replacement and what is meant by order fulfillment. Order fulfil...

Q: What is the theory in becoming a leader ?

A: Leader or Leadership Theory: Leader theory are schools of thought brought forward to explain how and...

Q: Explain how the following statement can have a bearing on who is ultimately selected as part of the ...

A: A Project Team is a group whose members usually belong to different sub-groups, have different funct...

Q: Distinguish between Robust design and Modular design?

A: Robust design is stated as decreasing the variation in the product without removing the variation ca...

Q: Explain the 4 levels of organisational strategy that exist within an organisation such as EGO.

A: The corporate strategy aims to increase overall growth and improve company direction. This strategy ...

Q: At Maggard Micro Manufacturing, Inc., workers press semicon-ductors into predrilled slots on printed...

A: Total sum of operation=40+10+30+35+65+20=200 Hence, the total sum of operation is 200 TMU.

Q: According to the positioning approach, there are five (5) forces that influence a firm’s ability to ...

A: According to the positioning approach, there are five (5) forces that influence a firm’s ability to ...

Q: Determine an A-B-C classification for these items:Item Unit Cost Annual Volume (00)1 $100 252 80 303...

A: EOQ = 2DSH D = Demand in Quantity = 4500 units/ year S = Order Cost (per purchase order) = 36 H = Ho...

Q: In your opinion do you think that by “blowing the whistle” Justen Deal was a troublemaker or a conce...

A: Organization refers to a community of people engaged in the pursuit of objectives that have been ide...

Q: What is the standard for the protection of free speech guaranteed by the First Amendment

A: The court generally identified three categories which are under the free speech as protected by the ...

Q: The macro-enviroment refers to the greater enviroment,existing outside of the markrt and task enviro...

A: Click to see the answer

Q: Opportunities and constraints of using BPMN in today’s organisation setup

A: BPMN - A standard Business Process Model and Notation (BPMN) will provide businesses with the capabi...

Q: In order to generate a useful aggregate plan a number offeatures are required. This should include:a...

A: Aggregate planning is the procedure of developing, analyzing, and maintaining a preliminary approxim...

Q: Describe the 4 factors which affect a product's physical characteristics that EGO need to consider w...

A: The factors which affect a product's physical characteristics are as follows- -Pricing -Packaging -L...

Q: discuss the importance in business decision making within an organisation like apple of identifying ...

A: Let's take the two business variables as Cost & Efficiency. Cost: Cost is the monetary value tha...

Q: Why do you think making progress in meaningful work ranks as the most important factor contributing ...

A: As stated in the latest study, making progress rank is considered as the most important factor in co...

Q: Process with Scrap. Consider the following four step assembly operation with quality problems: -The ...

A: According to the question, there are four resources, resource 1, resource 2, resource 3, and resourc...

Q: ABC, a company that sells pump housings to other manufacturers, would like toreduce its inventory co...

A: Given Information: Annual Demand (D) = 1000 units Ordering cost (S) = 10 MU per order Average carryi...

Q: In the past, the defective rate for your product hasbeen 1.5%. What are the upper and lower control ...

A: σp^=p¯×1-p¯n=0.015×1-0.015500=0.015×0.985500=0.005436 Hence, the standard deviation of the sampling ...

Q: Describe The Transformation Process Of A Business. Give Three Examples. What Constitutes The Transfo...

A: A transformation process is a group of activities that takes one or more inputs, transforms and adds...

Q: What is the optimal reorder point (ROP) for LCDs?

A: The reorder point (ROP) is the degree of stock which triggers an activity to renew that specific sto...

Q: If the probability of a “super-event” increases, does the“unique-event” risk increase or decrease in...

A: When the increment takes place in the probability of a super event, then there is a decrement report...

Q: What is the Earliest Start Time Rule?

A: In the project management, critical path is described as the activity sequence that needs to be comp...

Q: Kryoneriperfume company is considering the followingtwo alternatives for the supply of vetiver oil (...

A: To know which alternative is better, We need to calculate the probabilities of two suppliers (No. of...

Q: What Is labor index?

A: The labor cost is a short-term pointer viewing the short-term growth of hourly laboured charge acqui...