Give examples of products that display seasonality of demand.
Answer to relevant QuestionsWhat is the problem if a manager uses last year’s sales data instead of last year’s demand to forecast demand for the coming year? What types of industries or situations are best suited to the chase strategy? The flexibility strategy? The level strategy? Discuss why subcontractors can often offer products and services to a company more cheaply than if the company produced them themselves? What is the bullwhip effect and how does it relate to lack of coordination in a supply chain? Consider a supermarket deciding on the size of its replenishment order from Proctor & Gamble. What costs should it take into account when making this decision?
Post your question