Analyze a real-world case study where a company successfully applied the Wilson approach to optimize its inventory management. What were the outcomes?

The U.S. Airfilter company has hired you as a supply chain consultant. The company makes air filters for residential heating and air- conditioning systems. These filters are made in a single plant located in Louisville, Kentucky, in the United States. They are distributed to retailers through wholesale centers in 100 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the U.S. Airfilter supply chain: QUARTER 1 QUARTER 3 (JULY THROUGH QUARTER 4 QUARTER 2 (APRIL THROUGH JUNE) (JANUARY (OCTOBER THROUGH THROUGH MARCH) SEPTEMBER) DECEMBER) All amounts in millions of U.S. dollars Sales (total quarter): United states 356 532 552 436 Canada 130 127 116 151 Europe 42 34 49 24 Cost of goods sold (total quarter) 338 445 465 398 Raw materials at the Louisville plant (end-of-quarter) 93 49 79 89 Work-in-process and finished goods at the Louisville plant (end-of-quarter) 194 175 127 176 Distribution center inventory…

To illustrate these different approaches to Production Planning, identify to most appropriate Production Planning and Manufacturing approach the following industrial scenarios A company that manufactures tinned custard with predicted sales volumes of 6 million tins per year

Subject: accounting