8 a) Explain how seasonality can impact both manufacturing and service organisations giving examples of the cause of the variation as well as its impact." b) Critically discuss the three short term capacity strategies and their advantages and disadvantages. Use examples to further demonstrate your understanding. c) Explain in detail, 2 out of the three topics below, giving benefits and drawbacks, again citing examples: • Yield management • Forecasting • Queue management

8 a) Explain how seasonality can impact both manufacturing and service organisations giving examples of the cause of the variation as well as its impact." b) Critically discuss the three short term capacity strategies and their advantages and disadvantages. Use examples to further demonstrate your understanding. c) Explain in detail, 2 out of the three topics below, giving benefits and drawbacks, again citing examples: • Yield management • Forecasting • Queue management

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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