Forecasting Case (Computer Assembly Manufacturer)
Not what you're looking for?
Can someone assist me with this problem? I have no idea where to even begin?
Here is the problem with the table attached.
A computer assembly manufacturer is planning the production and the inventories for several of its best-selling computer models for the next few weeks. The production manager knows that they cannot afford to be out of stock on some of the key components that go into the computers. Therefore, they would need to plan for the demand of key components. They would also have to communicate to the component suppliers about how much of each component they would need in a given week. For the initial analysis, the production manager is focusing on the top four critical components: the CPU, the hard drive, the multimedia drive, and the speakers. Below is the resulting bill of materials (BOM) for the computer:
THIS IS THE BOM:
Computer - (1) CPU, (2) hard drives, (2) multimedia drives, and (3) speakers
The current planning is for the next six weeks. Click here to view the tables that show the demand and other information for the computer and the four key components.
The manager needs to analyze the numbers and determine the procurement quantities that they need to communicate to their suppliers for each of the four key components in each of the next six weeks.
Purchase this Solution
Solution Summary
This solution shows step-by-step calculations to provide a forecasting analysis for the computer assembly manufacturer. Using the resulting bill of materials, a forecasting of demand is calculated using the four key components of the computer.
Solution Preview
Dear Student,
Thank you for using BM.
Below are my answers.
Sincerely,
Anna Liza Gaspar
ANSWERS
Please see attached file for answers.
This is what I did:
1. compute the gross requirements for each of the 4 items by multiplying their BOM ...
Purchase this Solution
Free BrainMass Quizzes
Operations Management
This quiz tests a student's knowledge about Operations Management
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Motivation
This tests some key elements of major motivation theories.