Difference between Forecasting and Planning
From a practical point of view what would be the difference between forecasting and planning?
From a practical point of view what would be the difference between forecasting and planning?
I am needing assistance with the task which is attached. Basically the company is wishing to consider construction of a new facility within the northeastern part of the US and you are to formulate your thoughts of how/why/where. These are my thoughts Instead of moving or erecting a facility in Northeast PA (where it sugge
How does productivity relate to operations management?
What are the similarities and differences between processes in manufacturing and service organizations?
How is the assignment linear program different from the transportation model?
True and false 1. In a media selection problem, maximization of audience exposure may not result in maximization of total profit. 2. In an unbalanced transportation model, supply does not equal demand and supply constraints have signs. 3. Due to the unique characteristics of a transportation problem, the solution v
I am trying to formulate a root cause analysis for a complex task. I have broken down the aspects however am trying to formulate an introduction for the essay which I am having extreme difficulty. Therefore I am turning for assistance. The task and information is attached. As the introduction states the problem and describes
Any forecasting method is fine, forecasting method based on regression, moving average. --- Case Problem 1 The Carlson Department Store suffered heavy damage when a hurricane struck on August 31, 1996. The store was closed for four months (September 1996 through December 1996), and Carlson is now involved in a dispute wi
Use these data to compute accounts receivable turnover ratios and average collection periods for 2005 and 2006. Based on your analysis, is Hickory Company managing its receivables better or worse in 2006 than it did in 2005? Assume that Hickory Company has the following data related to its accounts receivable: 2005
(See attached file for full problem description) --- Case Problem 2 Cinergy Corporation manufactures and distributes electricity for customers located in Indiana, Kentucky, and Ohio. The company spends $725 to $750 million each year for the fuel needed to operate its coal-fired and gas-fired power plants; 92% to 95% of th
You and your co-workers had an in-depth discussion about nonrational escalation of commitment. Use your best communication techniques to discuss the following questions: Identify the possible original decisions, the person(s) who could make it, and the person(s) who may escalate the commitment to that decision. Describe the
Memory chip manufacturer has determined that there are three possible general locations for building a key production facility: 1) a rural location in the southwest United States that has offered major tax incentives and promised to make Manychip exempt from certain local environmental restrictions 2) an overseas location i
Management accounting focuses primarily on providing data for: external uses by stockholders and creditors. internal uses by managers. external uses by the Securities and Exchange Commission. external uses by the Internal Revenue Service.
If Xab = the production of product a in period b, then to indicate that the limit on production of the company's "3" products in period 2 is 400, a. X32 400 b. X21 + X22 + X23 400 c. X12 + X22 + X32 400 d. X12 + X22 + X32 400 e. X23 400
The dietician for the local hospital is trying to control the calorie intake of the heart surgery patients. Tonight's dinner menu could consist of the following food items: chicken, lasagna, pudding, salad, mashed potatoes and jello. The calories per serving for each of these items are as follows: chicken (600), lasagna (700), p
Imagine that you have started the turnaround in your division. You have been able to do a lot of work yourself, but now, you realize that you need help to make this transformation happen. More and more firms are relying on teams to help fulfill their mission and goals. While workers in this country have historically been sociali
Details: Ethics and Vendors The CRM implementation of the project has been underway for three months. Ben has been reviewing the invoices from the IT vendor that is providing design and programming services for the CRM implementation. Ben is working with this vendor on a number of different projects, and there are a handful o
I need to consider the purpose of salary surveys, various survey sources, and survey methods. I need to examine the strengths and weakness of different survey data for an organization's use. Thank you.
How would you write an outline for a presentation on the benefits of distance learning from a student's perspective, if the audience was students and teachers with very little computer experience and may be somewhat fearful of the idea? Could you show me using a traditional outline (Roman Numerals, followed by alphabetical l
Please help with the following problem. Discuss how changes might impact stakeholder relationships that an organization has with financial institutions.
You're on your way to motivating your team from a group perspective, but you're still having trouble connecting with your team as individuals. Your mentor reminds you of the concept of emotional intelligence and how it can enhance your leadership capabilities. To recap, the five components of emotional intelligence, as de
Play the role of dietitian, fashion designer, architect, or financial portfolio designer. Describe the problems you can avoid with the proper degree of interaction with your suppliers.
Can you please explain, compare and contrast some motivational theories? How do they apply to the workplace?
What are the advantages/ disadvantages of Vertical Integration?
Use the constraints given below and determine which of the following points is feasible. (1) 14x + 6y 42 (2) x - y 3 a. x = 1; y = 5 b. x = 2; y = 2 c. x = 2; y = 8 d. x = 2; y = 4 e. x = 3; y = 0.5
The linear programming problem whose output follows is used to determine how many bottles of fire red nail polish (x1), bright red nail polish (x2), basil green nail polish(x3), and basic pink nail polish(x4) a beauty salon should stock. The objective function measures profit; it is assumed that every piece stocked will be sold.
Mallory Furniture buys 2 products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space. The company has $75000 to invest in shelves this week, and the warehouse has 18000 cubic feet
The production manager for Beer etc. produces 2 kinds of beer: light (L) and dark (D). Two resources used to produce beer are malt and wheat. He can get at most 4800 oz of malt per week and 3200 oz of wheat per week. Each bottle of light beer requires 12 oz of malt and 4 oz of wheat, while a bottle of dark beer uses 8 oz of malt
"Drug use is information that is rightfully private and only in exceptional cases can an employer claim a right to know about such use." Defend or oppose this statement. How is your response to this discussion consistent with the moral philosophy. Explain If it is not consistent with that philosophy, explain why your philos
Imagine you have been asked to make FOUR presentations on "Effective Presentation Skills" for FOUR very different audiences. What would be your presentation objective for each group? Write a 1-sentence objective statement (also known as "purpose statement") for each of the following audiences for a total of FOUR statements.