Explain any 2 methods that is used when developing an Aggregate plan using a Chase strategy.
Q: which are costs relevant to the aggregate production plan and explain?
A: Aggregate planning using transportation method helps to attain the minimum cost with the optimal…
Q: Once the managers agreed on the aggregate plan, they should not change it. O a. True O b. False
A: The correct answer is
Q: Month Demand Production End Inventory Stockouts Inventory Cost Stockouts Cost Hiring Cost Firing…
A: Given Information: Inventory holding cost = $ 20 per unit per month Stockout cost of lost sales = $…
Q: Identify the variables decision makers have to work with in aggregate planning.
A: The aggregate plan is the output of sales and operations planning. The major concern of aggregate…
Q: hase strategy is considered a sales and operations planning strategy such that: Select one: a.…
A: The chase strategy refers to the notion that you are chasing the demand set by the market.…
Q: Compute for the Cost of Goods Sold using the following:
A: Cost of goods sold is basically the cost that is incurred to produce the goods which are sold.
Q: What considerations are essential in determining the planning horizon period for aggregate planning?
A: What is Aggregate Planning Aggregate planning is a sort of scope quantification that takes a gander…
Q: Discuss how aggregate plans is implemented in service organizations. Give example
A: Aggregate planning Aggregate planning is to estimate a company's demand and output capacity over the…
Q: 1.- The next table shows the demand forecast for a group of products Month July August September…
A: Note: Since a unit needs 5 hours and 2 will need 10 hours, while the available hours per day are…
Q: Need help answering the following question in a well written paragraph. Two recommendations (based…
A: A potential market is a segment of the population that has expressed an interest in purchasing a…
Q: How does revenue management impact an aggregateplan?
A: Aggregate planning refers to developing a plan for maintaining and scheduling all the internal…
Q: Explain the various costs associated with aggregate planning?
A: Aggregate planning is a comprehensive plan for the manufacturing process that is determined six to…
Q: Does Starwood employ a chase, level, or mixed strategy? Why is this approach the best choice for the…
A: The term mаnаgement is used tо define аn оrgаnizаtiоn's аdministrаtiоn, irresрeсtive оf…
Q: What are major limitations of using the tra nspo rtation method for aggregate planning?
A: A small introduction of Aggregate Planning Aggregate planning is a logical apparatus that…
Q: Given the projected demands for the next six months, prepare aggregate plan must wind up with no…
A: The projected demands for the next six months - Month 1 2 3 4 5 6 Forecast 150 170 140 160 130…
Q: Identify the two categories of aggregate planning strategies,and explain the difference between…
A: The process of creating, reviewing, and preserving a tentative, estimated schedule of an…
Q: Describe the different demand-based options used in aggregate planning and their implications for a…
A: Aggregate Planning - Aggregate planning is the process of developing, analyzing, and maintaining a…
Q: HB Corporation in Delaware, U.S., makes and sells a single product. The company operates a standard…
A: Absorption costing and marginal costing are two important methods used in costing methods used to…
Q: Disaggregate an aggregate plan
A: Aggregate planning provides a common point at which capacity and inventory can be considered jointly…
Q: What factors are important in choosing the length of the planning horizon for aggregate planning?
A: The purpose of the aggregate planning is planning ahead as it takes time to implement plans. The…
Q: What is the managerial significance of aggregate planning. Explain
A: Below is the solution:-
Q: Manager T. C. Downs of Plum Engines, a producer of lawnmowers and leaf blowers, must develop an…
A: Find the Given details below: Month 1 2 3 4 Total Expected Demand 90 95 100 115 400 Output…
Q: What does “disaggregation of aggregate plans” mean?
A: Disaggregation of aggregate plans refers to the process of disintegration of the aggregate plan into…
Q: Which of the following aggregate planning strategies cannot impact the demand 1)subcontracting…
A: A balanced scorecard is a strategic management performance used to improve and identify internal…
Q: NowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregate forecast for…
A: As per our calculation, this answer is not correct. we are solving it the correct way given,
Q: Over the past 12 months, Super Toy Mart hasexperienced a demand variance of 10,000 units and has…
A: The bullwhip effect refers to making changes in the supply chain of the organization as compared to…
Q: 9. Planned sales in the junior sportswear department for April are $842,100, and the planned…
A: Planned sales= $842,100 the planned stock-sales ratio = 3.2.
Q: Why are the lead times so long?
A: Lead times:Lead time is the time gap between the initiation and the completion of a process. In…
Q: Prepare a Master Schedule like that shown in Figure 11.11 given the following information: The…
A: MPS ordering rule is to be used here. The calculations are shown below: Week Prev week inv Req…
Q: Aggregate Planning A company has the following aggregate demand requirements and other data for the…
A: In chase aggregate planning, the output production is matched with the demand either by using…
Q: Briefly discuss the managerial significance of aggregate planning with reference to capital…
A: Aggregate planning is a production planning strategy that is also a marketing activity that is used…
Q: A manager has prepared a forecast of expected aggregate demand for the next six months. Develop an…
A: A level strategy refers to when an aggregate plan is produced such that a steady production rate…
Q: Explain how an aggregate production plan is made.
A: Aggregate production planning - is reasonable for operation management. It is linked with the…
Q: Explain what is manufacturing aggregate planning?
A: Manufacturing is the process of combining labour, tools, equipment, and other chemical or biological…
Q: A company's forecast of demand in shown in the following table. Regular production costs $133 per…
A: In the eve aggregate plan, an equal quantity has to be produced per month. Thus, the quantity that…
Q: Describe in detail what are the aggregate planning goal's?
A: The aggregate strategy must meet a number of objectives concurrently. Several critical purposes of…
Q: Develop an aggregate plan that matches the forecast and compute the total cost of your plan. Regular…
A: Aggregate planning refers to the “big picture” approach involved in planning, wherein the aggregate…
Q: Leve
A: Planning is the method to achieve the desired result. Organizations with the help of planning…
Q: In what way does the time horizon chosen for an aggregate plan to determine whether it is the best…
A: Aggregate planning is the process through which a company used to determine the planned levels of…
Q: The most effective aggregate planning strategy depends on O a. the competitive position O b. the…
A: The correct option is c all choices
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- Question 1 (a) Describe the four (4) basic management functions (b) You are the head of your company’s marketing department and you are requiredto achieve a sales target of RM1 million by 31 Dec 2022. Explain how you can usethe four basic management functions to achieve the sales target.Question 50 Which of the following goals sets risk management strategies at the optimum level Maximize market share Minimize losses Maximize shareholder value Minimize costsQuestion content area Part 1 Maria manages a bakery, that specializes in ciabatta bread, and has the following information on demand and costs: Ciabatta Bread Sold Per Hour (Q) Price (P) Total Cost (TC) 0 $6.00 $1.50 1 5.50 5.50 2 5.00 8.50 3 4.50 11.00 4 4.00 13.00 5 3.50 14.50 6 3.00 15.50 7 2.50 17.00 8 2.00 19.50 Part 2 a. To maximize profits, Maria should sell enter your response here loaves of ciabatta bread per hour
- __________________________________________________________________________Question No. 1A) Prepare the total budgeted sales in dollars for the quarter ended March 31, 2021 usingthe following data.Feb Mar AprQuantity of budgeted units for salesJan 25000 Feb 55000 Mar 35000 Apr 40000 Expected selling prices of each unitJan $12 Feb $15 Mar $20 Apr $22 B) What is Budget & how does it helps management in managing business?Marketing FINAL REIVEW QUESTION ONLY ANS NEED …BUT Right Answer please ……. NO EXPLANIATION thanks QUESTION 26 In the case of a recession, the Federal Reserve (Central Bank) to stimulate demand and the economy, it may a. Increase infrastructure spending by building bridges and highways b. Reduce taxes c. Lower interest rates d. Raise interest rates QUESTION 27 About 70% of Coca Cola revenues and profits come from sales outside the US. Therefore as the US currency loses value relative to the other main international currencies like the Japanese yen, euro, British pound, Korean won and as Coca Cola sales revenues and profits increase overseas then most likely a. Coca Cola profit denominated in American dollars decreases b. Coca Cola profit denominated in American dollars increases c. Coca Cola profit denominated in foreign currencies decreases d. None of the above QUESTION 28 According to Engel’s…Question 5 In the context of account classification, which of the following is a benefit of single-factor analysis? O It employs a matrix system. O It is used for goal setting. It requires no data manipulation. O It provides equal weightage to all categories of accounts. O It uses statistical analysis.
- QUESTION 4You are a private tutor who conducts one-on-one home tuition in economics for senior college students. You are considering growing your business. In particular you are considering vertical and horizontal integration. Using the theory of the optimal boundary of the firm, discuss the make-orbuy decision as well as the scope for horizontal integration and diversification of your business. What stages of the vertical chain should you consider conducting inhouse? What other horizontal markets may you integrate into? QUESTION 5Imagine the following hypothetical situation. Two firms, Super Chic Farm and Fortune Poultry, have become the only suppliers of fresh chicken meat in Singapore. Both firms are seeking to increase their profits and are considering entering into illicit price collusion by agreeing to charge artificially high prices. Such a practice is illegal and risks heavy fines. Analyse the interaction between the two firms using game theory. Present a payoff matrix to model…QUESTION 87 Corporate-level strategy results in a mission statement that guides marketing strategy in which way? a. By tying higher level company goals to product-level marketing strategy b. By responding to customers’ needs and wants c. By clearly identifying a target market d. By avoiding marketing myopia and having a future vision QUESTION 89 Which of the following would a company probably have the least amount of influence over? a. A company would likely have equal influence over all of the above. b. A supplier raising prices c. The local government introducing new taxes d. A competitor lowering pricesRequired information Skip to question George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units Total Etching Cost 1 9 $ 21 2 12 25 3 13 30 4 9 20 5 11 25 6 18 34 72 $ 155 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y = a + bX.
- Kerrigan Corporation announced on November 1, 2021 that company's CEO has been terminated and that James McCabe will become the company's new CEO. Kerrigan has had decreasing income over the last several of years. McCabe will be responsible for improving Kerrigan's future performance. What earnings management technique will the company probably utilize as a result of hiring a new CEO? Question 31 options: a) Accelerating future period expenses into the current period b) Accelerate current period revenues into future periods c) Big Bath d) Increase cookie jar reservesQuestion 1 (i) What are the 5 components of the COSO framework? A. Risk assessment, control environment, control activities, information and communication, monitoringB. Control environment, risk assessment, control activities, information and communication, monitoring.C. Control activities, monitoring, information and communication, control environment monitoringD. Control activities, control environment, risk assessment, monitoring, information and communication (ii) An opinion which is given by the auditor when the financial statements give a true and fair view except for a particular matter, which the auditor explains is called:A. An adverse opinionB. An unmodified opinionC. A qualified opinionD. A disclaimer opinion (iii) Which of the following is NOT a reason why linking reward to performance may not solve remuneration problems?A. Unsuitable measures of performance may be selected B. Many performance measures are based on the short term resultsC. Remuneration systems are normally…QUESTION 3 a. There are various models and techniques which one can use to analyse the environment within which a business operates. The most commonly used ones are PESTEL and SWOT Analysis. Describe how the SWOT Analysis works in relation to a company’s decision making.