Answered You can buy a ready-made answer or pick a professional tutor to order an original one.
12-1 List some of the operations and functions in a company that are dependent on a forecast for product demand. 12-2 What is the difference between
Chapter Questions
Write the answers to the following questions at the end of each chapter. Each answer will need to be at least 50 words in total length.
Reference: Russell, R. S., & Taylor, B. W. (2014). Operations and supply chain management (8th Ed.). Hoboken, NJ: John Wiley & Sons.
- Chapter 12: 12-1; 12-2; 12-3; 12-4
- Chapter 13: 13-1; 13-2; 13-3
- Chapter 14: 14-1; 14-2; 14-3
Format the paper consistent with APA standards.
- Include at least one references with one being from the class material.
- Papers that do not include APA formatted citations and references will not be accepted.
Chapter 12: 12-1; 12-2; 12-3; 12-4
12-1.
List some of the operations and functions in a company that are dependent on a forecast for product demand.
12-2.
What is the difference between quantitative forecast methods and qualitative forecast methods?
12-3.
Describe the difference between short- and long-range forecasts.
12-4.
Discuss the role of forecasting in supply chain management.
Chapter 13: 13-1; 13-2; 13-3
13-1
Describe the difference between independent and dependent demand and give an example of each for a pizza restaurant such as Domino’s or Pizza Hut.
13-2.
Distinguish between a fixed-order-quantity system and fixed-time-period system and give an example of each.
13-3.
Discuss customer service level for an inventory system within the context of quality management.
Chapter 14: 14-1; 14-2; 14-3
14-1.
What is the purpose of sales and operations planning? Describe the S&OP process.
14-2.
List several alternatives for adjusting capacity. List several alternatives for managing demand.
14-3.
Describe the output of aggregate planning. When is aggregate planning most useful?
- @
- 165 orders completed
- ANSWER
-
Tutor has posted answer for $20.00. See answer's preview
********************* QuestionsISCOM/305 *** ****** Operations ************************** QuestionsChapter **** **** **** some ** *** operations *** ********* in * ******* **** *** ********* ** * forecast *** ******* *************** ** product ****** shows the ******* *** much inventory/product ** needed *** **** ** that item to **** **** ************* ********** *** *** **** ** purchase **** suppliers to meet *** demands There are **** operations *** ********* **** *** ********* ** the *********** ******* ****** **** *** ****** chain The ********* ****** ** that *** ******** ** *********** are ********** ********* ********** ********** ******** locations ************** *** ************ ********* **** ****** ** *********** ** ******* *** ******* *** *** future sales ** * product ******* ********** ****** on *********** *** their human ********* ** **** predict ****** ****** ************ ** ****** **** ******* is ******* **** the ****** *********** ** ******** to ********** ** all ************** functional ***** *** it ******* *** ***** *** **** *** ** the ******* demand· **** **** is *** ********** ******* quantitative ******** ******* *** *********** ******** ******************** forecasting requires ****** ********* *** hard **** ***** *********** forecasting ****** more ** ******** ********* *** ****** ******** ***** * *********** of both ** ***** ******* ** ******** **** ***** ******** production *** ******** **** help * company ****** **** ******** ***** ** guide ***** businessQuantitative ******** ******* *** ***** ** ************ ******** *** often *** ********** **** **** ******** ***** *** revenue ******* ********** and ********* ******* and ******* ******* statistics This ****** **** uses *********** based ontrend analyses ** statistical modelingQualitative ******** ******* *** subjective methods ***** ********** **** **** *** experience and instincts of ******** ******* that ********* the **** ***** **** ***** ********* **** **** **** ********* **** the ******* **** ******** *** ********** ******* short- *** long-range ******************** *********** ********* ****** *** ********* ****** ** ** *** years *** *** ********* used ** determine *** ******** *** ********* ********* *** production transportationas **** ** ** ********* the ****** of ******************* forecast are ******* ******** * period of time longer **** *** years **** ********* ********** forecasts *** used ** ********* planning to **** ********* *** ********* ***** **** ** ******** for new ******** ******** *** ****** *** *** ********* ** the ****** chain **** decisions **** **** account ** ****** ************* environmental ******* *** ******** resources· 12-4 ******* *** role ** forecasting in ****** ***** ************* **** ** *********** ** * ****** ***** is *** ***** *** *** ******** decisions **** ** * ****** chain It is used for both **** *** pull processes like ********** ********** inventory ********* ******** ***** force allocation promotions *********** ** plant/equipment ****** *** new ******* ************ ***** ********* are *** ********************* **** **** ******** *** ********** ******* *********** *** ********* ****** *** give ** example ** each *** * ***** restaurant **** as ********** ** Pizza ************** ****** ** ****** *** a ******** *********** * ********** **** ** ************** ****** is ****** for ********* ***** ** ************* **** ** ****** ** *** ***** *** ***** *** **** **** ******** what must be forecasted *** **** ********** **** ** pizza for ******* their **** Lover’s ***** (which ** *** independent demand) and **** based off of the ******** **** would **** *** ****** ** *********** ****** to create *** **** ********* ***** ** **** *** demands ********** ******* **** for ******* how much ** each ** *** *********** *** ****** **** cheese to **** the forecast· **** *********** ******* * ******************** ****** and ***************** ****** *** **** ** ******* of ***** ******************** system(also ******** ** as * ********* ****** *** * ********** inventory ********* * ******** ****** of * ******* is ******* ** replenish *** inventory/stock ** *** example on * ******* **** ** the ******* **** ** * ******* ****** of *** it ******** the **** **** a *** *** ********* **** need to ** orderedA fixed-time-period *********** ******** to as aperiodic ********* ******* ** **** the ********* ** **** ** ******* at ******* **** ********* ** once ********* ** calculated ** order can ** ****** ** ********* *** inventory/stock **** ** *** ******* ***** Trading ***** *** ******* ***** **** to be manually ******* ** ********* ** ** ***** was ****** ** ******* the display· **** ******* customer ******* ***** *** an ********* system within the ******* of ******* managementThe ***** ** ******** service ** *** ******* ** meet *********** internal ************** demand or ******** ******** demand ** a timely ********* *************** must ** ********** ** provide high-quality ******** ******* ** ******* management The ******* ********* ** *** ******* management is to ******* * **** ***** ** ******** service ** order for a ******* ** **** ***** ******* *** ******* ********** needs ** maintain *** ***** ** *** ********* based *** ** the ******** demands while maintaining *** ******** service **** ** **** ** *** usage of ** inventory ********** ****** **** ****** allows *** ******* ** ******** ***** ****** of ******* to **** *** ******* of the consumerChapter **** **** **** ** the ******* ** sales and ********** ********* ******** the ******** ********** ******* of ***** *** operations ******** is ** ****** that the ******** **** ** *** ******** functions are ******* *** in support ** the *********** ******** ******** ***** and ********** *** five steps ** *** sales *** ********** ********* step *** ** gathering *** **** **** *** *** ** month reports **** *** ** ******** the ****** ********** **** ***** ** planning ****** ********** step **** ** * ********* *** ********** ******** meeting and **** **** ** *** ********* ***** and ********** planning ********** ***** *** ********** **** should ******* company ********* ********* objectives ***** inputs include financial *********** ****** ************ ******** *********** **** **** * ******* sales **** ** ********* and **** * *********** ***** ** created The ******** *** promotion ******* offers/sales ** *** ******** ** then ******** ** *** ******** ***** **** **** ** **** a ******** service level ** *** **** specifies the ******* of consumer’s ****** **** **** ** ************ **** sales **** ** ****** **** operations *** then ********** **** ******** a ******** ** ********** *** * ********** plan· 14-2 **** several ************ *** adjusting ******** List several alternatives *** ******** ********* **** ********* ***** ************ *** adjusting ******** ***** are ********* at a constant **** *** using ********* ** ****** ************ in demandhiring *** ****** ******* ** match ***************** ********* for *********** **************** or ********** ******* ***** ************** **** to ***** ********** part-time workersproviding *** ******* ** ******* at * later **** *************** planning can **** ******* ********* ****** ********** Strategies *** ******** demand **************** demand into other **** ******* **** ********** ***** ********** *** *********** ***************** ******** or ******** with *************** ****** patternspartnering with ********* to reduce *********** distortion ***** *** ****** ******* 14-3 ******** the ****** of ********* ******** When is ********* ******** most ********** ****** ** *** aggregate ******** ** * production **** ** an ********** plan **** ******* decisions ** level ** ****** capacity employment *** ****************** ******** ** ****** ** **** types ** ************* *** ******** ************* include ********* *** durable ***** ******** *********** textiles ***** ******** and aircraft ******* ********** ***** ** *********** *** ***** hospitality providers **** ****** *** *********** ********** ************* ** relatively long **** ***** *** ******* ******* of capacity The *** ******** ** services provided ** ***** ********** *** ******** ** ****** that *** ***** ******** by ***** ********** **** **** ******* **** ***********
