Question: 1 . Chapter 7 discusses four different types of process strategies. For each process type, identify a manufacturing company and then a service firm that
Chapter discusses four different types of process strategies. For each process type, identify a manufacturing company and then a service firm that use that process and then describe the companys competitive advantages NOTE: Examples listed in the textbook, PowerPoint, or course videos are NOT allowed. points
Process Type and Firm Type Company Name Competitive Advantage
Project manufacturing firm
Project service firm
Job Shop manufacturing
Job Shop service firm
Flow Shop manufacturing firm
Flow Shop service firm
Continuous manufacturing firm
Continuous service firm
Explain the differences between outsourcing and offshoring. When is each an appropriate strategy? Discuss some of the pros and cons of each. points?
For the following problems, show your work by hand scan or photo your handwritten work or by typing out the values in Microsoft Word.
You will use the data in the table to calculate four separate forecasts for July. Remember that each calculation and answer is separate ie your answer from part a has nothing to do with your calculation for part b and so on points
PROBLEM: Derek Pashin, owner of the local sporting goods store, wants to forecast the demand for trampolines for the month of July. The demand values for the first six months of the year are presented in the table below:
MONTH DEMAND
January
February
March
April
May
June
a Using a simple threemonth moving average, find the forecast for July.
b Using a threemonth weighted moving average with weights of and find the forecast for July. REMEMBER: In your calculations, apply the highest weight to the most recent week, middle weight to the week before that, and so on
c Using exponential smoothing with alpha and a June FORECAST equal to find the forecast for July.
d Using trend projection simple linear regression with a trend line calculate the regression equation and the forecast for July.
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