••$11.8 Over the past 12 months, Super Toy Mart has expe- rienced a demand variance of 10,000 units and has produced an order variance of 12,000 units. a) What is the bullwhip measure for Super Toy Mart? b) If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order 1/12 of that annual demand each month, what would its bullwhip measure have been?
Q: ct plans from the knowledge areas base on the Components of the Scope Management plan
A: Project management plan
Q: What is considered to be the "holy grail" of online advertising? Group of answer choices Being able ...
A: Holi grail refers to the customer loyalty towards specific brand and product offered by the firm it ...
Q: Brands can be owned by any firm in the supply chain, whether manufacturers, wholesalers or retailers...
A: Let us first grasp the notion of brands at both the manufacturing and retail levels. Essentially, th...
Q: 1. Critically discuss the concept of Project Management in relation to how it may contribute to the ...
A: A Small Introduction about Project Management Project management is very difficult. Project managem...
Q: Explain how you can improve the theoretical capacity of a process?
A: Theoretical capacity can be stated as the amount of throughput or production that could be obtained ...
Q: characteristic of process technology relates to the integration of separate processes a. Degree of c...
A: In Operations Management, for different types of operations, there are different types of process te...
Q: Thinking about the hotel industry, I'm wondering does the hotels use long run pricing or short run p...
A: Pricing is clearly crucial in any consumer business, but it is especially critical in industries lik...
Q: There is no doubt that the Chinese government engages in restriction, remains authoritarian, and is ...
A: It is given that runaway is a manufacturer of shoes and sportswear and is considered socially respon...
Q: Define Mission Equipment and Tools.
A: Any project is created with an objective such that achieving the objective will benefit the firm and...
Q: QUESTION S u he an arocado tree, which grows 100 avocados this year, 60 next year Your neighbor has ...
A: The term consumption can be understood as usage of commodities or services by household sector. Con...
Q: Question 40 Philips manufacturers multicookers in Woodlands, Pasir Ris, and Toa Payoh. Multicookers ...
A: Source/Destination Novena Orchard Bukit Timah Supply Woodlands 10 20 30 1,000 Pasir...
Q: product structure tree. Determine the quantities of the required components
A: A product structure tree indicating the work break down based on the component requirements of each ...
Q: Additional units that are held in inventory to reduce stock-outs are called _______. a. Safety stock...
A: Safety stock is the level which is kept by the company to avoid stock out situation. Re-order is the...
Q: What are the typical benefits of ERP?
A: An ERP offers a unified, cross-organizational view of the data and financial status of the company. ...
Q: A large grocery corporation has developed the following schedule for converting frozen food display ...
A: A Small Introduction about Stock A stock is a type of safety that shows the holder has proportionat...
Q: Your company is implementing a new production line for making solar panels. The company has two main...
A:
Q: Explain the steps that must be taken by an organization in order to achieve every stage in the Plan,...
A: Most companies need to improve. Though when it comes to really satisfy the required modifications, n...
Q: The following table lists the components needed to assemble an end item, the manufacturing or purcha...
A: Operation manager must make sure that the inventory is up to date. An updated inventory helps to min...
Q: One might consider the innovation process to be threefold. What are the three processes and how imp...
A: The Innovation Process This procedure is divided into three stages: insight, recognition of the issu...
Q: Q2
A: A Small Introduction about Conflict Management Conflict management is the method involved with rest...
Q: Consider the following work breakdown structure: Time Estimates (days) Optimistic Most Likely Pessim...
A: Critical path analysis (CPA) is a project managerial technique that represents identifying each crit...
Q: The Company makes TSHIRTS at their facility in chicago and Minnesota. The process involves three dep...
A: Capacity utilization = (Available time hours / used time hours) x 100 %
Q: Is Amazon Web Services an ERP system?
A: When practically all significant suppliers have opted to aggressively shift to the cloud, replacing ...
Q: a) Identify ONE (1) Business Process Modelling tool. b) For the tool you identified in a) above, des...
A: a) Business process modelling can be broadly defined as the methodology which involves the creation ...
Q: Which of the following product flow types are characterized by high skill level? Continuous O Job sh...
A: Job shop uses general-purpose equipment and depends on the knowledge and skill of the workers. So, t...
Q: 1) List and explain the phases that mark the life of a project 2) For each project phase identifi...
A: A Small Introduction about Project Management An undertaking is by and large started by an apparent...
Q: 1. Maximize Z = 2X1 + X2 Subject to: X2 < 10 ...
A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you wan...
Q: A machine cell uses 200 pounds of a certain material each day. Material is transported in vats that ...
A: In this question, I would determine the number of vats that will be utilized. Given data, Inefficien...
Q: Core values of Jollibee. If it has a source, kindly indicate it. Thank you
A: Jollibee is the chief or flagship brand of the famous Philliphinnes based restaurant chain Jollibee ...
Q: How do digital technologies transform the structures and operations of global corporations?
A: Digital technologies have helped in bringing rapid change in the services, products and processes wh...
Q: 1. An operations manager's staff has compiled the information below for four manufacturing alternati...
A: Thanks for posting the question,As per our guidelines we will be answering the first three subparts ...
Q: 4. The partially completed MPS for a product is given below. Item: Ball bearings Order Policy: 500 u...
A: Concept- A master production schedule (MPS) is a system for having individual goods delivered at a t...
Q: Treno Ltd panning to establish an additional plant for expanding its operations in the country for t...
A: Given: Mumbai: Fixed cost = Rs. 77,00,000 Variable cost = 666 x 11,000 = Rs. 73,26,000 Delhi: Fix...
Q: Which of the following are the technological attributes that contribute to project complexity? N...
A: Project complexity is the characteristic of a project which makes it challenging to comprehend, anti...
Q: What are two basic approaches to research. Briefly explain them.
A: Planning is an interdisciplinary field in which the research might be conducting in number of ways. ...
Q: Which of the following statement regarding liability risk is (are) TRUE? There is no maximum upper l...
A: Liability risk means where the firm has to bear for the specific type of losses incurred by his empl...
Q: hould be as brief as possible but complete: one or two pages are typical for small project a. ...
A: A Small Introduction about Project Management 'Project management gives design and control of the...
Q: Identify five specific requirements of an effective MRP system.
A:
Q: Asses the THREE (3) major categories of analytical reports and provide examples of each.
A: The 3 basic groups of analytical business depictions include the subsequent:
Q: What are the risk-mitigating strategy for following risk in the company loss of physical assets los...
A: A Small Introduction about Strategy of a Company A methodology is a drawn-out arrangement that yo...
Q: The Better Products Company has decided to initiate the product of four new products, using three pl...
A: Compute the solution as shown below:
Q: Suppose you plan to open a motorcycle repair shop that serves washing, polishing, and repair. a. Dr...
A:
Q: With reference to SCM, through outsourcing an organization can achieve 1) Higher returns on assets. ...
A: SCM is the process of an organization's whole supply chain management activity being outsourced to a...
Q: In relation to inventory costs, consider the following statements 1. Warehousing cost is incurred on...
A:
Q: Compare and contrast vision statements of a fortune 500 comapny in terms of composition and importan...
A: A Small Introduction about Management Management is the achievement of authoritative objectives in ...
Q: you are the Risk Manager of Barings Futures Singapore (BFS), discuss the potential risk mitigation t...
A: Introduction about forecasting Forecasting is done to comprehend the interest that might emerge lat...
Q: What are the various classifications of sampling? a. Probability and non-probability b. Random and p...
A: Sampling is the procedure of choosing a subset(a predetermined no. of observations) to the bigger po...
Q: Dwayne Cole, owner of Florida firm that manufactures display cabinets, develops an 8-month aggregate...
A: Find the Given details below: Month Jan Feb Mar Apr May June Jul Aug Total Demand (Unit) 255 29...
Q: There are 3 different fire alarm systems in the store. System A detects fire with a probability of 0...
A: In the question, we could see that there are three different fire alarm systems, these systems are s...
Q: Wevcc roots makes Bottles of premium root juices , it has one production line which can produce a ma...
A: Actual output = 73,42,721 bottles Potential output= 71,00,000 bottles
Step by step explanation of the process. Also, give explain about the solution.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,240 February 4,340 March 4,040 April 4,440 May 5,040 June 4,740 July 5,340 August 4,940 September 5,440 October 5,740 November 6,335 December 6,030 a. Using linear regression analysis, what would you estimate demand to be for each month next year? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 4 standard errors of estimate for safety. How many additional units should be held to meet this level of confidence? (Do not round intermediate calculations. Round…Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,220 February 4,320 March 4,020 April 4,420 May 5,020 June 4,720 July 5,320 August 4,920 September 5,420 October 5,720 November 6,320 December 6,020 Using linear regression analysis, what would you estimate demand to be for each month next year? (Round two decimal places) To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units…Echo’s revenue jumped 23 percent year over year in the third quarter to $691.5 million after declining 7 percent in the second quarter, as retail and industrial freight demand increased. “We’ve had strong truckload market conditions ever since the trough in April,” Waggoner said. Q3 truckload volume was up 13.6 percent from a year ago, and truckload revenue 32.3 percent. Can you infer the truckload average price change from the data above? Given these numbers, how much should the truckload volume increase for the prices to go back to where they were a year ago if the price elasticity of demand is -2?
- Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,000 February 4,100 March 3,800 April 4,200 May 4,850 June 4,500 July 5,150 August 4,750 September 5,250 October 5,550 November 6,150 December 5,850 a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.7. (picture below)(Do not round intermediate calculations. Round your answers to 2 decimal places.) Month Forecast january february march april may june july august september october november december b. To…Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January 4,000 February 4,100 March 3,800 April 4,200 May 4,850 June 4,500 July 5,150 August 4,750 September 5,250 October 5,550 November 6,150 December 5,850 a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.7. (picture below)(Do not round intermediate calculations. Round your answers to 2 decimal places.) Month Forecast january february march april may june july august september october november decemberSubject: Logistic management Q): calculate inventory turn over ratio, Where sales is 2,000,000COGS is 65% of sales And average inventory is 125,435 What will be inventory ratio in days and weeks
- If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order 1/12 of that annual demand each month, what would its bullwhip measure have been?Sapphire Aerospace operates 52 weeks per year, and its cost of goods sold last year was $6,500,000. The firm carries eight items in inventory: four raw materials, two work-in-processitems, and two finished goods. Table 12.3 shows last year’s average inventory levels for these items, along with their unit values.a. What is the average aggregate inventory value?b. How many weeks of supply does the firm have?c. What was the inventory turnover last year?Q2) Eagle Fabrication has the following aggregate demand requirements and other data for the upcoming four quarters. Quarter Demand Previous quarter's output 1500 units 1 1400 Beginning inventory 200 units 2 1000 Stockout cost $50 per unit 3 1500 Inventory holding cost $8 per unit at end of quarter 4 1300 Hiring workers $5 per unit Laying off workers $10 per unit Unit cost $30 per unit Overtime $10 extra per unit Which of the following production plans is better: Plan A—chase demand by hiring and layoffs; or Plan B—produce at a constant rate of 1200 and obtain the remainder from overtime? Finish the calculation. image
- What is chase demand plan?Over the past 12 months, Super Toy Mart hasexperienced a demand variance of 10,000 units and has produced an order variance of 12,000 units.a) What is the bullwhip measure for Super Toy Mart?b) If Super Toy Mart had made a perfect forecast of demandover the past 12 months and had decided to order 1/12 ofthat annual demand each month, what would its bullwhipmeasure have been?Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows: MONTH DEMAND (UNITS) January 4,150 February 4,250 March 3,950 April 4,350 May 4,950 June 4,650 July 5,250 August 4,850 September 5,350 October 5,650 November 6,250 December 5,950 a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this…