Product: Little Caesars (regular pepperoni pizza) Answer the following questions in relation to the chosen product. d) Determine and explain in detail at least two demand analysis approaches to which you consider this product.
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Product: Little Caesars (regular pepperoni pizza)
Answer the following questions in relation to the chosen product.
d) Determine and explain in detail at least two demand analysis approaches to which you consider this product.
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- . MBPF Inc. manufactures prefabricated garages. The manufacturing facility purchases sheet metal that is formed and assembled into finished products—garages. Each garage needs a roof and a base, and both components are punched out of separate metal sheets prior to assembly. Production and demand data for the past eight weeks are shown in Table below. Observe that both production and demand vary from week to week. Now, track the inventory at the end of each week, measured in number of finished garages. Also, construct the inventory build-up diagram. MBPF Inc. manufactures prefabricated garages. The manufacturing facility purchases sheet metal that is formed and assembled into finished products—garages. Each garage needs a roof and a base, and both components are punched out of separate metal sheets prior to assembly. Production and demand data for the past eight weeks are shown in Table below. Observe that both production and demand vary from week to week. Now, track the inventory at…Select the correct answer(s) for each item. If NONE or MORE THAN ONE of the choices is the correct answer, choose E.Product: Little Caesars (regular pepperoni pizza) Answer the following questions in relation to the chosen product. a) What is the real need for this product/service? b) What is its approximate price? c) What do you consider to be the appropriate income level of the target population for this product/service?
- The Larkspur Furniture Company needs a new grinder. Compute the present worth for these mutually exclusive alternatives and identify which you would recommend given i = 6% per year and using a 10 year planning horizon. How is this best solved using EUAW?Illustrate and explain with the aid of an appropriate graphical representation a demand plan which Tropic Industrials Ltd can apply to synchronize demand with supply for their leading product Quick Dry Cement.For a product of your choice, describe and explain the following A one or two sentence description of your chosen product: What type of demand does this firm face (dependent / independent) for this product, and why? Should the firm use the push / pull method for the production of this product, and why? Does the concept of yield management apply to this product? How? If not, why not? For a specific component / raw material necessary to produce / "create this"product, should the firm use a single-period or a multi-period inventory order model, and why? For each type of inventory (raw material inventory, work-in-process inventory, and finished goods inventory), should the firm carry any safety stock? Why? a. Product Description b. Dependent / Independent Demand c. Push / Pull d. Yield Management e. Single-period / Multi-period f. Safety Stock- Raw Material Safety Stock - Work-in-Process Safety Stock - Finished Goods
- I am working on determining optimal order quantity for the Sport Obermeyer case. " Using the data in Exhibit 10, make a recommendation for how many units of each style Wally should make during the initial phase of production. Assume that all ten styles in the sample problem are made in Hong Kong and that Wally's initial production commitment must be at least 10,000 units. Ignore price differences among styles in your initial analysis." The exhibit provides cost for each style, 6 sales forecasts and an average forecast. Standard deviation and 2x standard deviation are also given. How do I start?a) Designate an identity to the warehouse system above and explain why you have chosen this identity. b) Select and explain the stages where the following evaluations would take place. Economic Order Quantity, Balancing Inventory levels, Cost effectiveness.Does Starwood employ a chase, level, or mixed strategy? Why is this approach the best choice for the company?
- What is the 3-month simple moving average for February 2017, given that demand was 100 during October 2016, 200 in November 2016, 300 in December 2016 and 400 in January 2017? a. 350 b. 300 c. 250 d. 400Zan Azlett and Angela Zesiger have joined forcesto start A&Z Lettuce Products, a processor of packaged shreddedlettuce for institutional use. Zan has years of food processingexperience,and Angela has extensive commercial food preparationexperience. The process will consist of opening crates of lettuceand then sorting, washing, slicing, preserving, and finallypackagingthe prepared lettuce. Together, with help from vendors,theythink they can adequately estimate demand, fixed costs, revenues,and variable cost per 5-pound bag of lettuce. They think alargelythe manual process will have monthly fixed costs of $37,500andvariable costs of $1.75 per bag. A more mechanized process will have fixed costs of $75,000 per month with variable costs of$1.25 per 5-pound bag. They expect to sell the shredded lettucefor $2.50 per 5-pound bag.d) What is the revenue at the break-even quantity for the mechanizedprocess? e) What is the monthly profit or loss of the manual process if theyexpect to sell…Table below provides the demand forecast and production day information for an aggregate plan. Assume that no back orders are allowed in this case. Month January February March April May June Demand Forecast 3,000 4,500 3,400 2,500 4,000 3,200 Production Days 22 18 21 21 22 20 The costing information that is used to evaluate the total cost of each plan is as follows:• Inventory carrying cost: $4 per unit per month• Subcontracting cost per unit: $15 per unit• Working hours: 8 hours per day• Average pay rate: $12 per hour ($96 per day per worker)• Labour-hours to produce a unit: 2 hours per unit• Cost of increasing daily production rate (hiring and training): $300 per unit• Cost of decreasing daily production rate (layoffs): $700 per unitUse these information to formulate an aggregate plan. The firm would like to use level strategy: constant workforce for the aggregate planning. The firm chooses the average demand of the…