Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

How to respond to this discussion reply.

Forecasting is an essential tool making orders and projects consumer demands for products. In the case of Kentucky Swamp Brew Beer, how I would use forecasting to help determine weekly ordering decisions is monitor the weekly sales and orders or retailers. Retailers sales and orders are indicators of consumers demands. The higher the sales and orders tells me there is a high demand for the product, therefore I would make plans to keep an inventory to continue to supply retailers. If sales and orders are low, I would not keep large inventories and scale down my orders to the manufacture.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91887939

Have any Question?


Related Questions in Operation Management

Enactment of technology strategy-creating and implementing

Enactment of Technology Strategy-Creating and Implementing a Development Strategy describes how development projects are traditionally managed and states the bases as to why so many fail and/or not completed on time. It ...

300 words minimumyou have started a company that makes a

300 words, minimum You have started a company that makes a revolutionary virtual reality system - virtual reality so real, consumers can't tell the difference between the virtual reality and the real world. Walk through ...

How should task statements be written and what sorts of

How should task statements be written, and what sorts of problems might you encounter in asking a job incumbent to write these statements? This is a question from the chapter "Job Analysis and Rewards" in the Human Resou ...

1 the use of social media allows training to be on demand

1. The use of social media allows training to be on demand and available when needed. How would you apply the four levels of training evaluation (reaction, learning, application, and financial return) to this type of tra ...

A bicycle manufacturer currently produces 300000 units a

A bicycle manufacturer currently produces 300,000 units a year and expects output levels to remain steady in the future. It buys chains from an outside supplier at a price of $ 1.80 a chain. The plant manager believes th ...

Assignment 6- conceptual model and hypothesisoverview in

Assignment 6- Conceptual Model and Hypothesis OVERVIEW : In previous assignment we identified the variables in our research.Now, it is time to show the relationship between these variables in a conceptual framework. You ...

Case study-assignmentprepare an in-depth analysis of four

Case Study-Assignment Prepare an in-depth analysis of four case studies during the semester. Here are some guidelines: • This is an individual assessment, which is a part from your course score. It requires effort and cr ...

1 from your experience and by conducting research online

1. From your experience and by conducting research online explain at least one approach/concept of managing inventory Be sure to mention how you were able to control inventory internally as well as through your supply ch ...

1 consider the four generic business strategies defined by

1. Consider the four generic business strategies defined by Michael Porter. How do they compare and contrast with each other? What are the pros and cons of a "hybrid" strategy? How is it achieved? 2. Name three operation ...

1 diversity is a potential source of conflict in

1. Diversity is a potential source of conflict in organizations. 2. Describe a total reward philosophy and explain why a total reward approach to benefit program and compensation design is strategically important to empl ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As