Mgmt 411 unit 2 dq 1

  

Don't use plagiarized sources. Get Your Custom Essay on
Mgmt 411 unit 2 dq 1
Just from $13/Page
Order Essay

The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each unit.

Your boss recently returned from a executive development conference and has taken a new interest in forecasting and forecasting errors. He asks you the following questions.

  • Should your      division be using moving average, weighted average, or exponential      smoothing in forecasting calculations? Why?
  • What are      some sources of forecast errors?
  • What is a      control chart, and what is the benefit to using them for forecasting      errors?
  • What are      aggregate capacity requirements, and how could they be applied?

To review the company scenario, click here. 

  

Grading   Criteria

%   of grade for this assignment

 

Should   your division be using moving average, weighted average, or exponential   smoothing in forecasting calculations? Why?

15%

 

What   are some sources of forecast errors?

15%

 

What   is a control chart, and what is the benefit to using them for forecasting   errors?

15%

 

What   are aggregate capacity requirements, and how could they be applied?

15%

 

Response   to Peer Posts

35%

 

APA   citation and references

5%

You are the Operations Manager for a $50,000,000 (sales) subsidiary of a $750,000,000

corporation. You report to the Divisional Vice President. Your division produces industrial

products that are used in the construction, maintenance, transportation, and equipment

manufacturing industries. The other two divisions in your corporation serve the automotive and

electronics industries. A few products are cross-marketed.

Your division is currently number three in your market place. The number one firm has about

60% of the market, the number two firm has about 25% of the market, and you have about 15%

of the market.

Your products are often used in human safety applications, so product quality is paramount.

Neither you nor your competitors have a competitive quality advantage, nor a distinct production

cost advantage. Being number three in the market place has meant that your division must excel

in customer service and delivery reliability.

Over 90% of your sales come through manufacturing representatives to regional distributors who

hold inventory of your most popular products in limited quantities. To keep your distributors loyal,

your company works very hard on customer service.

Your division currently has about 4,000 products in your catalog. About 1,200 items are “in-stock”

(MTS, Make-to-Stock) items. The remaining 2,800 items are “non-stock” items that can be

considered to be Make-To-Order (MTO). The MTO items are not stocked but are manufactured

if, and only if, an order for them is received.

Your division promises to ship all “in-stock” items within 24 hours of receiving the order. If the

order is received by noon, the order is shipped that day. Because most of your orders are small

and are delivered to diverse addresses, UPS is the preferred shipping mode.

In contrast, your two sister divisions operate on a much longer lead-time and ship in

comparatively larger quantities. They tend to operate much more in the MTO mode and do not

offer the fast 24-hour shipping responses that your division does.

The corporate headquarters are in St. Louis, Missouri, where the company was founded in the

1910s. You are located in Cape Girardeau, Missouri, where manufacturing operations were

moved in the 1950s to exploit the lower labor costs. The corporate North American Warehouse

(NAW) is located in a western suburb of St. Louis to be near the St. Louis airport. Virtually all

shipments to customers are made from the NAW. Several years ago, to stay competitive,

production operations started to shift from the Cape Girardeau location to a plant in Mexico. The

shift to Mexico has been successful overall, but the plant does not always deliver what is needed

and is sometimes late in delivering parts to the NAW.

The corporation installed SAP several years ago. You have been far too busy to thoroughly

investigate all of the details, but everyone in the organization seems to be satisfied at some level

with the system.

Because you are the STO (Senior Technical Officer) of your division, you also manage the client

support group (located near the St. Louis airport) which consults with clients on selecting which

products to purchase and offers consulting/project management services for installing your

products. Your direct reports include the Plant Manager in Cape Girardeau, the Plant Manager in

Mexico, the Divisional Supply Chain Manager, the Manager of Product Quality Control, and the

Divisional Customer Support Manager. Your chief peers are the Director of Marketing and the

Manager of the Divisional Headquarters staff. Order entry reports to the Director of Marketing.

Purchasing, Accounting, Finance, HR, and IT functions are handled at the corporate level. The

manager of the NAW formally reports to the VP of the automotive division, but he is tasked to

serve all three divisions equitably.

Several months ago, a new CEO took the reigns of your parent company. She is looking to

improve profits, and is tasking all three divisions to reduce costs. For your division, she is

particularly interested in reducing inventory while maintaining (improving) current customer

service levels. She also questions whether having the Customer Support staff centrally located in

St. Louis is really the best way (in terms of cost and service) to service your customers.

Your boss, the Divisional VP, has asked you to put together an analysis of your division’s

operations and to produce a plan to improve operations with an eye to reducing costs. 

Grab 16% Discount On This Paper
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.

Professional Academic Writers

Over the years, MyEssay.Help has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.

Affordable Prices

Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.

On-Time delivery

We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.

100% Originality

At MyEssay.help, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.

Customer Support 24/7

Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: support@myessay.help.

Try it now!

Grab 16% Discount On This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

MyEssay.help has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.

Essays

Essay Writing Services

At MyEssay.help, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.

Admissions

Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.

Editing

Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.

Coursework

Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.

                                                                                     Place Order