Sales and Operations Planning is a process of balancing resources and forecasted demand. A) True B) False
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Sales and Operations Planning is a process of balancing resources and
A) True
B) False
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- A Pizza Company has a demand forecast for the next 12 months that is shown in Table 1 The current workforce of 100 staff can produce 1500 cases of pizzas per month. (a) Prepare a production plan that keeps the output level. How much warehouse space would the company need for this plan? (b) Prepare a demand chase plan. What implications would this have for staffing levels, assuming that the maximum amount of overtime would result in production levels of only 10 per cent greater than normal working hours? Table 1 demand forecast Month Demand (cases per month) January 600 February 800 March 1000 April 1500 May 2000 June 1700 July…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.The term in the airline industry may be used to refer to s situation where an empty seat is recorded on a flight. Select one: a. Marginal cost b. Overhead cost c. Marginal loss d. Revenue loss Widner Industries reports annual sales of Ghc160 million, cost of goods sold of Ghc120 million, inventory of Ghc20 million, and net income of Ghc5 million. What is Widner's annual inventory turns? Select one: a. 8 turns per year b. 6 turns per year c. 0.17 turns per year d. 4 turns per year
- c. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). MONTH PRODUCTION DAYS DEMAND FORECAST DEMAND PER DAY JAN 2022 16 150 ? FEB 2022 16 150 ? MAR 2022 23 250 ? APR 2022 21 250 ? MAY 2022 22 400 ? JUN 2022 22 500 ? JUL 2022 21 600 ? AUG 2022 20 750 ? SEP 2022 20 450 ? OCT 2022 20 250 ? NOV 2022 16 150 ? DEC 2022 16 150 ? TOTAL ? ? d. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number). e. Prepare a graph showing the monthly forecasts and average daily forecast (in units per day) for MPQ Limited.The strategy retains a stable work force producing at a constant output rate and Inventory can be accumulated to satisfy peak demands: Select one: a. Chase demand strategy b. Stable work force strategy c. none of these d. Level production strategyWhich of the following is not one of the graphical methodsteps?a) Determine the demand in each period.b) Determine capacity for regular time, overtime, andsubcontracting each period.c) Find labor costs, hiring and layoff costs, and inventoryholding costs.d) Construct the transportation table.e) Consider company policy that may apply to the workers or stock levels.f ) Develop alternative plans and examine their total costs.
- 19 Customer segmentation and revenue management are important factors in demand flow strategy. Select one: a. False b. TrueQue#87: Choose the best answer. Level output/workforce strategy: Monthly planning for all the products in same family (and facility) for the next 12 months or so Meeting variations in demand with overtime, subcontracting & part-time/temporary workers Meeting variations in demand with inventories Process of integrating sales forecasts with operations plans Finding the most optimal planSterling's worksheet, Intake vs.Goals Report & Food Log. Sterling is 30 years old college graduate. Currently he works for the federal government as program analysis. During the pandemic Sterling was promoted, work has been extremely busy. Dusty working from home, he has had little time to cook or exercise. During this annual physical, the doctor reported that he had gained 50 pound. Sterling wonderd it eat came from the beer, he drank 1 every evening. Sterling exercises about an hour on Saturday and Sundays. He used exercise daily when he was college athlete. His lab work and blood pressure were not the best either. The doctor counseled him and referred him to the nutrient. Sterling shared that his father saferd heart attack at age 50 and his mother has hypertension, he realizes that this risk for cardiovascular disease
- b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue?c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?. Case: Flamingo Educational Services Flamingo Educational Services, a company located in the Tema metropolis, is a nationwide market leader in the publishing and distribution of textbooks for first and second cycle schools. Somehow, Flamingo does not use forecasts for production planning. Instead, the operations manager decides which books to produce and the batch size, based on orders and the amounts in inventory. The books that have the fewest amounts in inventory get the highest priority. Demand is uneven, and the company has experienced being overstocked on some items and out of others. Being under-stocked has occasionally created tensions with managers of the retail bookstores the company works with. Flamingo is on the verge of losing a lucrative contract with the Ghana Education Service over a complaint that the books produced over the last four months have defective binding as well as slight but noticeable variations in print quality and sizes of the…b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue? c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?