Given the information in Exhibit 1-10, make a recommendation for how many units of each style Wally should make during the initial phase of production. Assume that all of the 10 styles in the sample problem are made in Hong Kong and that Wally's initial production commitment must be at least 10,000 units. Ignore price differences among styles in your initial analysis. Note: The minimum production quantity for a style of parka is 600 units in Hong Kong. Sport Obermeyen, Ld.695-022Exhibit 10 Sample Buying Committee Forecasts, 10 Styles of Women's ParkasIndividual ForecastsAverage StandardForecast Deviiation Deviation2x Std.StylePrice Laura Carolyn Greg WendyTom WallyGailS1101,0009001,300S001,2001017194IsisS998007001,0001,6009501,2001,042323646EnticeS801,2001,6001,5001,5509501,3501,358248496AssaultS902,5001,9002,7002,4502,8002,8002,525340680Teri$1238001,0001,10095018501,100381762900Electra$1732.5001,9001,9002,8001,8002,0002,150404807Stephanie$1336009001,0001,1009502,1251,1135241,048SeducedS734,6004,3003,9004,00043003,0004J0175561,113AnitaS934,4003,3003,5001,5004,2002,8753,2961,0472094DaphneS1481,2003,5002,60024002,3001,6002.3831,394697Totals20,00020,000 20,00020,000 20,000 20,00020,000"Obermeyer's wholesale priceNotesLaura Komashiewicz was marketing directorCarollyn Gray was customer service managerGreg Hunter was production managerWendy Hemphill was production ooordinatorTom Tweed was a sales representativeWally Obermeyer was vice presidentExhibit 11 Forecast Distribution for the Electra Parka (Forecast parameters from Exhibit 10)

Note: SInce minimum quantity is asked, μ - kσ where k = critical ratio. if max was asked we would…

Answered: make a recommendation for how many…

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Given the information in Exhibit 1-10, make a recommendation for how many units of each style Wally should make during the initial phase of production. Assume that all of the 10 styles in the sample problem are made in Hong Kong and that Wally's initial production commitment must be at least 10,000 units. Ignore price differences among styles in your initial analysis. Note: The minimum production quantity for a style of parka is 600 units in Hong Kong.

Sport Obermeyen, Ld.
695-022
Exhibit 10 Sample Buying Committee Forecasts, 10 Styles of Women's Parkas
Individual Forecasts
Average Standard
Forecast Deviiation Deviation
2x Std.
Style
Price Laura Carolyn Greg Wendy
Tom Wally
Gail
S110
1,000
900
1,300
S00
1,200
1017
194
Isis
S99
800
700
1,000
1,600
950
1,200
1,042
323
646
Entice
S80
1,200
1,600
1,500
1,550
950
1,350
1,358
248
496
Assault
S90
2,500
1,900
2,700
2,450
2,800
2,800
2,525
340
680
Teri
$123
800
1,000
1,100
950
1850
1,100
381
762
900
Electra
$173
2.500
1,900
1,900
2,800
1,800
2,000
2,150
404
807
Stephanie
$133
600
900
1,000
1,100
950
2,125
1,113
524
1,048
Seduced
S73
4,600
4,300
3,900
4,000
4300
3,000
4J017
556
1,113
Anita
S93
4,400
3,300
3,500
1,500
4,200
2,875
3,296
1,047
2094
Daphne
S148
1,200
3,500
2,600
2400
2,300
1,600
2.383
1,394
697
Totals
20,000
20,000 20,000
20,000 20,000 20,000
20,000
"Obermeyer's wholesale price
Notes
Laura Komashiewicz was marketing director
Carollyn Gray was customer service manager
Greg Hunter was production manager
Wendy Hemphill was production ooordinator
Tom Tweed was a sales representative
Wally Obermeyer was vice president
Exhibit 11 Forecast Distribution for the Electra Parka (Forecast parameters from Exhibit 10)

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