Why is operations view of consumer centerd on order winners and qualifiers like price sensitivity, delivery lead times and demand peak size ?
Q: In two companies (AerCo, NuCo), the demand was managed centrally using information gathered from…
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A: Here are two ways to order management: To influence an order Efficiency of the Order
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Why is operations view of consumer centerd on order winners and qualifiers like price sensitivity, delivery lead times and demand peak size ?
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- Operations management What is meant by the term inventory velocity and why is this important? What is information velocity, and why is it important?How to Managing the Supply Chain to Achieve Schedule, Cost, and Quality Goals.19 Customer segmentation and revenue management are important factors in demand flow strategy. Select one: a. False b. True
- Detailed information about any logistic company and the product or service it provides. The location and structure. The owners and their goals.In two companies (AerCo, NuCo), the demand was managed centrally using information gathered from decentralised units and remotely from the assets in the field. Demand management at AerCo is performed by a quarterly review of the orders for new assets and the forecast of demand for aftermarket parts. This review is performed centrally to the business although information is gathered from around the business, including overseas bases and real-time data that have been analysed for issues that will have an impact upon the demand placed upon the supply chain. This is due to AerCo operating in a make-to-order (MTO) environment for production parts—with a 3–5 years lead-time for customers—and a make-to-stock (MTS) environment for aftermarket—where the requirement for a replacement part or system may be instantaneous if the aircraft has suffered unexpected damage. This quarterly review of demand is then placed upon the supply chain through an explicit process that ensures that orders can be…Describe the two approaches to order management. How are they different? How are they related?
- Scatter Diagrams and High-Low Cost Estimation Assume the local Pearle Vision has the following information on the number of sales orders received and order-processing costs. Month Sales Orders Order-Processing Costs 3,000 $ 165,400 1,500 100,750 4,400 241,400 2,800 163,800 2,300 139,550 1,200 86,200 2,000 125,000 1 2 3 4 5 6 7 Required (a.) Use information from the high- and low-volume months to develop a cost-estimating equation for monthly order-processing costs. $ 28,000 + $48.5 X (b.) Plot the data on a scatter diagram. Using the information from representative high-and low-volume months, develop a cost estimating equation for monthly order-processing costs. If needed, an Excel worksheet is provided in the following link in order to create the scatter diagram: Scatter_Diagram $ 15,000 X+ $53.14 X XPlease fast answering and Do Not Give Solution In Image Format And explain proper steps by StepWal Mart, although they are not a manufacturing company, uses sophisticated computer software to forecast sales and order products to be stocked in their stores so that they do not run out of the things shoppers are looking for. What kind of software system does Wal Mart likely use? Group of answer choices a) Inventory control b) Just-in-time ordering c) E-procurement d) Materials Requirement Planning (MRP)
- How can you ensure that operational scheduling and supply chain sustainability are mutually supportive? It's unclear whether the company has the resources to make use of both.Supplier Raw Materials Inventory Management Production Question related to the diagram: Quality Control Packaging Finished Goods Distribution Retail Customer The process starts from the supplier, goes through raw materials, inventory management, production, quality control, packaging, finished goods, distribution, retail, and finally reaches the customer. How does the 'Inventory Management' stage interact with the 'Production' stage, and what strategies can be implemented to optimize this interaction?The item fill rate is categorized as which type of supply chain performance metric? Select one: a. Variety b. Delivery c. Customer service d. Flexibility e. Cost