Group Activity

This week, you will work on Part II of the Group Activity.

Following the market estimation and other decisions made in Part I, provide a detailed answer and justification to each of the following questions:

$1.$ What considerations in terms of planning and control $($time horizon, planning policy, market requirements, activity scheduling and expediting$)$ are relevant for the product or service?

$2.$ What elections in terms of inventory management $($centralization level, classification, models and implementation$)$ do you consider most appropriate for the product or service?

$3.$ What considerations in terms of capacity management $($measure demand; measure capacity; reconcile demand and capacity, and evaluate alternatives$)$ do you consider relevant given your product or service?

$4.$ What future capital and technology investments in production infrastructure for business growth and development are relevant to your chosen product or service?

It is recommended to review chapter $11$ of the book Operations Strategy before beginning this assignment.