Question: 7. By looking at the production analysis page, one can note that EAT of the company ERIE had a 140% plant utilization and has produced
7. By looking at the production analysis page, one can note that EAT of the company ERIE had a 140% plant utilization and has produced 923 units with 341 units remaining in inventory. ( 15 Points) a. Assuming that the company did not have any inventory of this product from the previous round ( Round 5), calculate the capacity of EAT( 5 Points) b. What will be the market share of the product EAT next round? Please use advanced forecasting and show all your calculations ( 6 points) c. In the case the company produces in Round 7 (next round) its forecasted sales calculated in part b what will the plant utilization be? Is it good or bad? (4 points)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
