Question: please answer by number and MC answer. Question 1 info applys to all 3 1. 2. 3. The following information applies to Questions 1-13: The

please answer by number and MC answer. Question 1 info applys to all 3
1.
please answer by number and MC answer. Question 1
2.
please answer by number and MC answer. Question 1
3.
please answer by number and MC answer. Question 1
The following information applies to Questions 1-13: The ACME Corporation is a manufacturer and seller of electronic testing and switching equipment and sells direct to businesses and on the internet. Acme has three major product lines run as separate businesses, with several supply chain functions and shared services. The product lines are the P60, the N20, and the M40. - P60, network storage product (major markets - computer equipment) - N20 electronic range finder (major markets - automotive, marine) - C100, a sub-assembly is a major component of the N2O. - M40, switching product (major markets - network industry) - C400, a sub-assembly is a major component of the M40. Acme Manufacturing's head of Demand-Supply Management is not pleased with his product forecast results, particularly for products that are more functional and consistently wrong on the higher side. This has resulted in excess inventory consistently. He has asked his managers to recommend a course of action that will improve his forecast accuracy. Which is the following would be the best recommendation? Increasing the time horizon of his forecasts from 4 months to 12 months out Forecasting at a detailed SKU level rather than at an aggregated product line level Take the current forecasts and reduce them by 10% every quarter Using historical demand data as a base from which to forecast future demand Getting his extended team together once a quarter and collating the best forecast guesses of each one Acme is considering revamping its distribution strategies to save costs. To this end, they have decided to contract with their suppliers of one of their major product lines. For this product line, Acme plans to have the supplier ship the finished product directly to the customer. A drawback of this strategy is likely to be: limproved response time to customers Longer lead times in response to customer demand Rapid transfer of product between locations through transshipment Higher overall product margins Lower risk owing to centralized inventory pooling Acme Manufacturing Co. is concerned about the high inventory levels in the P60 product line. This concerns the COO because of the resulting high working capital financing costs. The COO has determined that the current manufacturing system of building the product based on long-term forecasts may be good for customer service levels but NOT very effective when it comes to maintaining reasonably low levels of inventory. This, she feels, is particularly relevant when one considers the relatively short replenishment times for the product and the fact that demand is highly variable. She has decided, therefore, to re-orient her manufacturing system to one that responds to actual customer demand. The system that Acme is adopting can best be described as: A Push Systein A Continuous Flow System A Make to Stock System A Puil System

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