Question: As discussed in class, when faced with demand seasonality a firm must either manage capacity, manage inventory or manage demand. Which is a tactic a
As discussed in class, when faced with demand seasonality a firm must either manage capacity, manage inventory or manage demand. Which is a tactic a firm faced with demand seasonality could use to manage its demand?
| a) | Always promote heavily via "traditional" media but never promote through social media |
| b) | Always promote heavily through social media, but never promote via "traditional" media |
| c) | Use promotion to spread seasonal demand over more time |
| d) | Never use demand promotion during the peak demand season |
| e) | Promote heavily during the peak demand season |
As discussed in class, sales & operations planning represents:
| a) | An opportunity for supply chain & sales/marketing managers to manipulate the firm's financial goals to fit their priorities & capacities |
| b) | An opportunity for supply chain managers to set operating plans in a way that maximizes their ability to achieve their objectives |
| c) | A consensus between supply chain & sales/marketing managers (if the supply chain makes it sales/marketing will sell it; if sales/marketing promotes it, the supply chain will make/deliver it) |
| d) | An opportunity for the CEO to manipulate priorities & capacities to achieve the firm's financial goals |
| e) | An opportunity for sales/marketing managers to set operating plans in a way that maximizes their ability to achieve their objectives |
As discussed in class, in a process made up of a series of linked operations, the _____ time cannot be any _____ than the _____ time.
| a) | Takt; more; shortest cycle |
| b) | Cycle; more; takt |
| c) | Takt; less; longest cycle |
| d) | Cycle; more; longest takt |
| e) | Cycle; less; takt |
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