Explain what ABC production analysis consists of.
Q: Discuss how aggregate planning differs when a company doesn't provide a tangible product?
A: Aggregate planning is a technique for projecting future demand volume and timing (3-18 months). It…
Q: Explain why aggregate planning is different when a business does not produce a tangible good
A: Aggregate planning is a technique for forecasting the volume and timing of future demand (3-18…
Q: Over the past 12 months, Super Toy Mart has experienced a demand variance of 10,250 units and has…
A: Given, Demand variance = 10250 units Order variance = 12050 units
Q: Explain the Production Planning and Inventory?
A: Production planning and control is a fixed method that involves the use of human resources, raw…
Q: Explain what the hybrid aggregate plan is and why it isused.
A: A hybrid aggregate plan is nothing but a technique that uses a combination of level and chase…
Q: Discuss why it is important for hard rock cafe to accurately forecast demand and information…
A: Hard Rock Cafe is a restaurant chain which is founded in the year 1971 in London and has venues in…
Q: Calculate ROI if profit margin is 12% and Asset turn over ratio is 1.4? Q): calculate ReOrder Point…
A: Given: Profit margin= 12% Asset turnover ratio = 1.4
Q: Details Company B is a retailer of mobile phones in Australia that works 250 days in a year. The…
A: Formulas used here, EOQ = 2 × Annual Demand × Ordering CostHolding cost Total cost of purchase =…
Q: How to calculate the estimated yearly demand?
A: The "economic request quantity" method computes the ideal measure of stock to arrange at a time,…
Q: Dara Jones, operations manager of Arrow Distributing Corp., likes to track inventory by using weeks…
A: Net revenue is 16680,Cost of sales is 13980,Inventory is 1020Total assets is 8360,I would answer all…
Q: Describe some of the tactics that can be used to satisfy demand that isn't evenly distributed.
A: Demand is described as a situation in which consumers' desire to buy services and goods rises, as…
Q: Explain the process of collaborative planning. How is available-to-promise involved?
A: Collaborative planning allows stakeholders to engage in decision-making processes in a way that…
Q: Identify several industries that have highly variable demandpatterns. Explore how they adjust…
A: For certain industries, the demand-pattern is extremely uncertain. It becomes highly cumbersome to…
Q: Can you please conduct the cost/benefit analysis and inventory analysis.
A: To determine whether it makes sense to shorten lead times and increase marginal revenues, a…
Q: FarmBox is a company who grow and distribute fresh food produce directly to customers via an online…
A: Human Resource Management refers to process of recruiting, selecting, providing training and…
Q: ABC Wash, Inc., makes commercial and industrial laundry machines (the kinds hotels use), and has…
A: Find the Level Strategy below: a. The Cost of the strategy is $ 1380400 b. Back order Requirement:…
Q: Discuss the role of cross-functional collaboration in effective aggregate planning
A: The firm views aggregate planning as a critical operational activity for striking a balance between…
Q: Purchasing Portfolio
A: The purchasing portfolio used by the company K is the Kraljic portfolio of the purchasing. It helps…
Q: Explain the aggregate operation (AP) plans
A: The development of business goals, the design of programs and courses of action to achieve them, the…
Q: Create the Income Statement in the proper format, including net sales, COGS, gross profit, expenses…
A: 1) THE VINTAGE AUDIO COMPANY Income Statement for the month ended April Sales Revenue 18498 Less :…
Q: Identify the factors that go into demand management.
A: Demand Management is a process which helps Organizations to maintain or manage thedemand of the…
Q: ABC Company had the following inventory information: Beginning inventory: 500 units at $10 per…
A: Managing inventory and calculating the cost of goods sold (COGS) is an essential aspect of financial…
Q: Dogs-R-Us and K-9, Inc. are two retail stores that cater to the needs of dog owners in the greater…
A: Solution a) The average aggregate inventory value is calculated by multiplying average inventory in…
Q: Where possible, the inventory costing method shouldmimic actual product flows.” Do you agree?…
A: Inventory costing technique: It is consistent with saying that the Inventory Costing technique is…
Explain what ABC production analysis consists of.
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- Step by step explanation of the process. Also, give explain about the solution.FarmBox is a company who grow and distribute fresh food produce directly to customers via an online ordering platform, based in Cheshire, UK. The company started in 2019 and began as a family run business that was staffed by 4 family members plus two farmhands, with the use of one delivery van.As the Covid pandemic struck in 2020 the business experienced unexpected rapid growth with orders tripling almost overnight, whilst the firm has the product to meet the demand of customers, investment wasneeded in equipment and more importantly, the number of staff needed to increase immediately if productivity was to remain effective.To address this the owner placed an online advert for farmhands requiring CV’s to be emailed to the business. Candidates that FarmBox were interested in took part in a 20 minute online video interview that aimed to determine their skills and suitability and then successful candidates began work once they were able to evidence that they were free of the Covid virus.…Dogs-R-Us and K-9, Inc. are two retail stores that cater to the needs of dog owners in the greater Charleston area. There is healthy competition between these two establishments. Both operate 52 weeks a year and both sell approximately the same type and dollar value of items. Table provides the cost of goods sold, the average inventory level, and unit value of each item sold in the two stores.a. Compare the two retail stores in terms of average aggregate inventory value.b. Compare the two retail stores in terms of weeks of supply.c. Compare the two retail stores in terms of inventory turnover.
- I completed those steps and it is saying my answer is incorrectOver the past 12 months, Super Toy Mart has experienced a demand variance of 10,250 units and has produced an order variance of 12,050 units. Part 2 a) The bullwhip measure for Super Toy Mart is ______ (round your response to two decimal places). Part 3 b) If Super Toy Mart had made a perfect forecast of demand over the past 12 months and had decided to order 1/12 of that annual demand each month, the bullwhip measure would have been ______ (round your response to the nearest whole number.)Explain the process of collaborative planning. How is available-to-promise involved?