Why is demand planning so difficult for a company to perform? Use the example of a video
Question:
Why is demand planning so difficult for a company to perform? Use the example of a video game developer. How would they use demand planning prior to the anticipated launch of a new product? How would their demand planning differ for the launch of an updated version of an existing product?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
The goal of demand planning is to achieve consensus among the various stakeholder...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
Question Posted:
Students also viewed these Business questions
-
Since many people use the Microsoft Windows operating system, software developers have an incentive to write new programs for Windows, computer manufacturers make new models of their computers that...
-
Why is demand planning difficult in high-tech companies? What are the consequences of the lack of an effective demand-planning process in such companies?
-
1. Why are inventory management and demand planning so important for Land OLakes? What is the business impact of not being able to manage inventory or predict demand for this company? 2. What...
-
The following data has been extracted from last quarter's budget of Elise Ltd, which manufactures and sells a single product. January February March Production units 6200 6200 5800 Sales units 5900...
-
Data for Cheque Mart's trading investment transactions in 2012 are presented in P12-2B. Cheque Mart had the following trading investment transactions in 2013: Mar. 1 Sold 650 IBF common shares for...
-
Consider a spherical fluid particle in an inviscid fluid (no shear stresses). If pressure and gravitational forces are the only forces acting on the particle, can they cause the particle to rotate?...
-
A simplified schematic drawing of the carburetor of a gasoline \((S=0.75)\) engine is shown in Fig. P5.96. The throat area is \(0.5 \mathrm{in.}^{2}\). The running engine draws air downward through...
-
Ethylene oxide is produced by the catalytic oxidation of ethylene: C 2 H 4 (g) + O 2 (g) C 2 H 4 O (g) an undesired competing reaction is the combustion of ethylene to CO 2 . The feed to a reactor...
-
A ball is launched upward from the ground with an initial velocity of 19 m/s and reaches height above the ground before falling back down. Take the upward direction to be positive. Refer to the...
-
Consider a system that allocates pages of different sizes to its processes. What are the advantages of such a paging scheme? What modifications to the virtual memory system are provide this...
-
What are the major differences between the level and chase S&OP planning strategies?
-
List some industries or situations where each of the three basic S&OP strategies is appropriate?
-
1. What do you like and not like about the Simple Bills concept? 2. Would you recommend raising funds from outside investors and growing faster or continuing to boot strap the operations to conserve...
-
Whitbread PLC Dealing with Beer Orders and provide a strategic analysis of the challenges facing the Company, including recommendations with justifications for your suggested action plan. Your...
-
A tiny droplet becomes charged by gaining a number of electrons. It has a velocity of 20.4 m/s perpendicular to a magnetic field of 0.011 T. The droplet experiences a force of magnitude 7.90E-19 N....
-
An object has a charge of 7.44E-16 C and a velocity of 12.3 m/s. It is moving through a magnetic field of 0.455 T. It experiences a force of 3.61E-15 N. Calculate the angle between the velocity and...
-
Daniel spent a day hiking through a wildlife preserve. During the first hour of the hike, he drank 6 10 liter of water. How many hundredths of a liter did he drink?
-
Talent International Media (Talent) specialises in production, promotion, and distribution of both domestic and imported films. Recently, Talent plans to be listed on the Shenzhen Stock Exchange...
-
You are studying a circular plasmid DNA molecule of size 10.5 kilobase pairs (kb). When you digest this plasmid with restriction endonucleases BamHI, EcoRI, and HindIII, singly and in all possible...
-
Is it ethical to provide safety training in English to immigrant workers who speak little English, in order to reduce costs?
-
Students often complain that the requirements of assignments or projects are unclear. From the students perspective, whoever can guess what the professor wants wins the highest grade. Thus, grades...
-
Students often complain that the requirements of assignments or projects are unclear. From the students perspective, whoever can guess what the professor wants wins the highest grade. Thus, grades...
-
Glen Wong is an emergency medical technician for a local rescue team and is routinely called on to render emergency care to citizens facing crisis situations. Although Glen has received extensive...
-
(i) When should a firm cut dividend pay out rate and increase retention rate to maximize share price? (ii) How can the dividend-discount model handle changing growth rates?
-
November 2021 (actual) December 2021 (budgeted) January 2022 (budgeted) Cash sales $ 80.000 Credit sales Total sales 240,000 $320,000 $100,000 360,000 $460,000 $ 60,000 180,000 $240,000 Management...
-
A firm has 200 shareholders, you among them. Each shareholder owns $20 worth of sto addition, Mr. Hostile owns 50 shares (for a firm total of 250 shares) and is trying to fi management. In an attempt...
Study smarter with the SolutionInn App