Give an example of a good and a service that exhibit these seasonal demand patterns:a. Annualb. Monthlyc. Weeklyd. Daily
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Q: . Give an example of a good and a service that exhibit these seasonal demand patterns:c. Weekly
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Give an example of a good and a service that exhibit these seasonal demand patterns:
a. Annual
b. Monthly
c. Weekly
d. Daily
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- Give an example of a good and a service that exhibit these seasonal demand patterns: a. Monthly. Give an example of a good and a service that exhibit these seasonal demand patterns:d. DailyGive an example of a good and a service that exhibit these seasonal demand patterns: Annual Monthly Weekly Daily
- . Give an example of a good and a service that exhibit these seasonal demand patterns:b. MonthlyAn urgent care clinic is staffed by two physicians who can each see four patients per hour. The clinic is open 6 p.m. until midnight, seven days per week. The clinic tracked the average number of patients arriving by hour for a month and observed the following:Time Demand6–7 87–8 108–9 109–10 410–11 411–12 2a. Sketch a graph with one line showing capacity and another line showing demand.b. What observations do you make from the graph in part a?c. What suggestions would you make to the clinic for managing its capacity?The planner at a company that makes garden tractors is about to prepare an aggregate production plan that will cover the next 6 months. She has collected the following information: Month Demand Forecast Above the available capacity through permanent workforce 1 1,000 2 1,000 3 2,000 4 3,000 5 4,000 6 1,000 Total: 12,000 Production per month = 20 units per worker Initial inventory = 500 units Desired ending inventory (at the end of month 6) = 0 units Cost: Hire cost = $500 per temporary worker Inventory = $10 per tractor per month Backorder = $150 per tractor per month The optimum aggregate plan is: Month 1 2 3 4 5 6 Total Forecast Demand above regular capacity 1,000 1,000 2,000 3,000 4,000 1,000 12,000 # of temporary workers required 50 50 100 150 200 50 Temp. Workers hired 25 25 50 75 0 0 Temp. workers laid off 0…
- Capacity planning requires a demand forecast for an extended period of time into thefuture. What concerns would you have regarding an extended forecast as a capacityplanner?Given the following forecast and steady regular output of 550 every month, what total cost would result if overtime is limited to a maximum of 40 units a month, and subcontracting is limited to a maximum of 10 units a month? Unit costs are: Regular output $20 Overtime $30 Subcontract $25 Average Inventory $10 Backlog $18 Month 1 2 3 4 5 6 Forecast 540 540 570 590 650 680Southeast Soda Pop, Inc., has a new fruit drink for which it has high hopes. John Mittenthal, the production planner, has assembled the following cost data and demand forecast: demand forecast. Quarter Forecast 1 1,900 2 1,200 3 1,600 4 800 Costs/Other Data Previous quarter's output=1,200 cases Beginning inventory=0 cases Stockout cost of backorders=$160 per case Inventory holding cost=$40 per case at end of quarter Hiring employees=$35 per case Terminating employees=$80 per case Subcontracting cost=$65 per case Unit cost on regular time=$30 per case Overtime cost=$20 extra per case Capacity on regular time=1,900 cases per quarter John's job is to develop an aggregate plan. The three initial options he wants to evaluate are: • Plan A: a strategy that hires and fires personnel as necessary to meet the forecast. • Plan B: a level strategy. • Plan C: a level strategy that…
- Jim-O's fast focus restaurant is opening up a new branch. Based on demand forecast the following service personnel levels are anticipated. What is the number of employees needed for Thursday-Friday pair? Days of Week Monday Tuesday Wednesday Thursday Friday Saturday Sunday Staff needs 5 4 3 4 6 6 5Capacity planning requires a demand forecast for an extended period of time into the future. What concerns would you have regarding an extended forecast as a capacity planner?Suzy's Temporary Employee (STE) business, located in a big city, can do an online criminal background check in-house for $3.48 per search with a fixed cost of $30,000. A third-party online security firm offered to do a similar security search for $9.00 per person with an annual service contract with STE. If STE's forecast is 3,100 searches next year, should STE continue to do the search in-house or accept the third-party offer? Use the Excel template Break-Even to determine the best decision. Round your answer for the breakeven quantity to the nearest whole number and round your answer for the amount of saving/loss to the nearest dollar. Breakeven quantity: searches Since the demand forecast of 3,100 searches is than the breakeven quantity, STE outsource the work. STE $ by outsourcing.