In a PSI plan, which should be your base for production? Inventory or Sales? Write your answer in no more than 200 words (Word Arial font 11)
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- Jill has decided that the BackPack Company must havevery good customer service. She has asked you to develop a levelaggregate plan using inventories but not back orders. All demandmust be met each period. You must:(a) Calculate the aggregate production rate.(b) Calculate the appropriate workforce given the aggregateproduction rate.(c) Show what would happen if this plan were implemented.(d) Calculate the costs of this plan.(e) Evaluate the plan in terms of cost, customer service,operations, and human resources.Goldratt’s “Theory of Constraints”A 2-3 line answer/explanation is enough for each question.#1. What is the goal? #2. Alex’s thinking seems to be “distorted” by conventional management accounting metrics. What problem or problems does this lead to?#3. What are the three operational measurements? Include a one or two sentence description of each. #4. How is each operational measurement computed? #5. Of the three measures, which measure has the greatest impact on profitability? Briefly, describe why this differential impact might be true.#6. What are the five focusing steps as first described? #7. What are the five focusing steps that are finally settled upon? #8. What are the six “takeaways” on how to drive continuous improvement? #9. How might this approach be useful almost any organization)? #10. Any other comments that you care to make. *** Your general assessment of TOC. *** *** Of special interest is any experience you might have had with using the TOC. Basic situation or…Determine whether the following is a feasible sales and operations plan. Assume that the company has 56,000labor hours available during the next planning period time horizon. Product Units Demanded Standard Hours (in hours/unit) A 14,000 0.95 B 35,000 0.95 C 5,500 1.70 D 28,500 0.20 The total labor hours required by these four products for the next quarter is ______ (Enter your response as a whole number.)
- H10. Please create a BCG matrix for the SAP SE organization. This should include the company's Dogs, question marks, cash cows and stars.The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report: Net revenue $375,000 Cost of goods sold 322,000 Value of production materials on-hand 42,500 Value of work-in-process inventory 37,000 Value of finished goods on-hand 12,500 Compute the inventory turnover ratio (ITR). Note: Round your answer to 1 decimal place. Compute the weeks of supply (WS). Note: Do not round intermediate calculations. Round your answer to 1 decimal place.Assess plan A: strategy that hires and fires employees to meet the forecasted demand. Assess plan B: strategy that produces 1,200 cases per quarter and meets the forecasted demand with inventory and subcontracting.
- Sales for the last quarter of the year were good, with tops sales at 3,400 units and pants sales at 3,200 units. Demand for the first quarter sales of next year is expected to decline by 8%. What is your forecast for the demand of tops and pants? Tops Sales Forecast: 0 ▲ ▼ Pants Sales Forecast: 0 ▲ ▼ Is there anything you could do to help minimize the effect of the projected decline in demand on sales?e. What is the daily production rate for this product if the company adopts the balanceyou determined in part (c)? (Assume a six-hour day for your calculations.) Whatwould have to be done if the company wanted a higher rate of production?You work for the Brad’s Nailer Company which manufactures two types of nailers: a pneumatic model and a cordless model. You have contracted to supply a national retail chain with both pneumatic nailers and cordless nailers. However, Brad’s nailer production capability is limited in three departments: production, testing, and packaging. Your answer will be the packaging hours needed to execute your production plan - rounded to the nearest whole hour. (The number of nailers may not be a whole number, which is acceptable in this problem.) Use Scenario 2 Scenario 1 Scenario 2 Scenario 3 Pneum. Cost 87 89.50 127.50 Pneum. Prod Hrs 0.7 0.6 0.45 Pneum. Test Hrs 0.5 0.2 0.4 Pneum. Pkg Hrs 0.2 0.3 0.3 Pneum. Sales 85,000 44,500 29,000 Cordless Cost 97 99.75 146 Cordless Prod Hrs 0.4 0.8 0.5 Cordless Test Hrs 0.6 0.4 0.5 Cordless Pkg Hrs 0.2 0.4 0.4 Cordless Sales 35,500 45,000 63,000 Prod Hrs max 95,000 95,000 95,000 Testing Hrs max 70,000 70,000 70,000 Pkg…
- The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. The following is an excerpt from the final report Net revenue $ 343,000 Cost of goods sold 302,000 Value of production materials on hand 42,500 Value of work-in-progress inventory 69,000 Value of finished goods on hand 28,000 Compute the inventory turnover ratio (ITR). (Round 1 decimal place) Compute the weeks of supply (WS) (Do not round immediate calculation. Round 1 decimal place)Id-6c An aggregate plan provides justification for: Select one: a. the budget amount requested b. demand for individual products c. demand for product families d. the demand for the parts of each product and. number of customersAlignment of CATERPILLAR INC corporate goals (4) with strategic goals (4). write a short paragraph explaining and justifying the operational goals you are recommending.