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- Over past 4 weeks, KAMM (Kuwait Arab Malls Monitor) reported a severe decline in French products consumption -- in Millions of items: 400M, 300M, 50M, 1M. KAMM need to know expected forecast next week.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?RoseBud is a local company that supplies fresh roses from Cameroon Highland to the florists The owner of the business keeps the sales information using a system. The system able to give the details of the sales and also produce a report to helps the owner to find out which area has high sales and also the particular item that has high demand. a. Explain the definition of IS practice by RoseBud. b. Give an example of data, information, process and knowledge based on the scenario given above.
- A pasta entree costs $1.18 per portion. The spice factor is 3.5%; the Q factor is $1.15. what is the True Cost per Portion for this entree? (Round to the penny, do not include the $ sign.) Skip QuestionCommentFlag QuestionMultiple choice questions 1. Identify which one of the following is not a type of capacity measurement: a) Design b) Actual c) Input d) Output e) Efficient 2. Which of the following is not a quality ‘guru’? a) Deming b) Juran c) Crosby d) Gilbreth e) Ishikawa 3. Items in transit are referred to as: a) Buffer stock b) Anticipation inventory c) Safety stock d) Pipeline inventory e) Seasonal inventory 4. Which of the following is not one of the most common types of inventory? a) Finished goods inventory b) JIT inventory c) WIP inventory d) Maintenance, repair and operating inventory e) Raw materials inventory 5. Inventory costs include all but one of the following: a) Holding cost b) Ordering cost c) Stock cost d) Shortage Cost e) All of the above 6. Which of the following is not an MRP system file? a) Item master file b) Transaction file c) Location file d) Audit file e) All of the above are correct 7. Lot sizing is selecting the _______ size of a batch of products to be…So and Ralph have joined forces to start SoRap Chip Products, a processor of packaged okra chips.So has years of food processing experience, and Ralph has extensive commercial food preparationexperience. Together with the help from vendors, they can adequately estimate demand, fixed costs,revenues, and variable cost per 5-pound bag of okra. They think a largely manual process will havemonthly fixed cost of 37,500Php and variable cost of 1.75Php per 5-pound bag. A more mechanizedprocess will have fixed costs of 75,000Php per month with variable costs of 1.25Php per 5-poundbag. They expect to sell the okra chips for 2.50Php per 5-pound bag. What is the break-even quantityfor the manual process?
- Davidson Corp. produces a single product: fireproof safety deposit boxes for home use. The budgetgoing into the current year anticipated a selling price of $55 per unit. Because of competitive pressures, the company had to cut selling prices by 10% during the year. Budgeted variable costs per unitare $32, and budgeted total fixed costs are $156,000 for the year. Anticipated sales volume for theyear was 10,000 units. Actual sales volume was 5% less than budget. (1) What was the sales pricevariance for the year? (Round your answer to the nearest whole dollar.) (2) Label this variance F(favorable) or U (unfavorable), as appropriateNote- need correct option without explanation as fast as possible!! The overall direction and contribution of the operations function with the business and the way in which market requirements and operations capabilities are reconciled relates to what? A)Complexity B)Long-term Forecasting C)Operations Management D)Operations StrategyQ The owner of a small manufacturing business has patented a new device for washing dishes. Before trying to commercialize the device and add it to the existing line of products, the entrepreneur wants reasonable assurance of success. Variable costs are estimated at Rs. 50 per unit produced and sold. Fixed costs are Rs. 4,00,000 per year. A) If selling price is set at Rs. 250, how many units must be produced and sold to break-even? B) Forecasted sales for the first year are 4500 units, if price is reduced to Rs. 150. With this pricing strategy, what would be the product’s profit?
- What is the purpose of sales and operations planning? Describe the S&OP procedure.Develop a level aggregate plan for the Draper Company ifno back orders are permitted.(a) Show what would happen if this plan were implemented.(b) Calculate the costs associated with this plan.(c) Evaluate the plan in terms of cost, customer service,operations, and human resources.Arizona Instruments produces bar code scannersfor consumers and other manufacturers on aproduce to stock basis. The production planneris developing an MPS for scanners for the next12 weeks.The product is built in a fixedorder quantityof 125 units, and there are 110 units in beginninginventory. The demand forecasts for the next 12weeks, including customer orders promised tocustomers for delivery in that time period, isshown on the shown on the next slide. Customer Orders Forecast Demand Period 1 2 3 4 5 6 7 8 9 10 11 12 Forecast 50 50 50 50 75 75 75 75 50 50 50 50 Customer order 35 25 25 20 0 15 0 0 10 0 0 10 Determine the MPS and Available to Promise (ATP)