Question: Assignment # 2 Return to the base case for one more scenario. You may work in teams of 2 is you want, or go it
Assignment #
Return to the base case for one more scenario. You may work in teams of is you want, or go it alone.
Scenario the CFO and CEO want us to begin to operate a "lean manufacturing"
system, which would reduce inventory, labor, and materials by and
respectively. However, such systems also inherently cause firms to miss
some sales, at least in the short run as the network is reoptimized.
Forecasts for reductions in sales range from to with an average of
Run the model for all three of these forecast scenarios, showing your work, and then provide a recommendation to the chief supply chain officer as to how she should advocate for or against this proposal to go lean, in an upcoming Csuite meeting.
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