Why is forecasting necessary in OSCM?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
Companies need to plan for the future to ensure th...View the full answer
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
Question Posted:
Students also viewed these Management Leadership questions
-
Why is demand forecasting important for effective supply chain management?
-
Why is accurate forecasting so important to companies that use a continuous replenishment inventory system?
-
Why would more accurate economic forecasting make it easier for policymakers to stabilize the economy? Describe two ways economists try to forecast developments in the economy.
-
In this assignment, you will take on the role of the Warden of a maximum custody state correctional facility. Your unit's use of force incidents has dramatically increased over the last year to...
-
Identify and explain the six constructs of the Health Belief Model.
-
Albatross Airlines has a monopoly on air travel between Peoria and Dubuque. If Albatross makes one trip in each direction per day, the demand schedule for round trips is q = 1602p, where q is the...
-
How do you classify the pumps?
-
Blanche Creek has engaged your firm because she has been charged with failure to file her 2013 federal Form 1040. Blanche maintains that the reasonable cause exception should apply. During the entire...
-
Costs per Equivalent Unit and Production Costsof direct materials.Cost per equivalent units of $ 9 . 6 0 for Direct Materials and $ 3 . 0 0 for Conversion Costs.a . Cost of beginning work in process...
-
This case study on project evaluation is applicable for beginning courses in corporate finance or finance strategy. Two alternative investment options are available to evaluate. Challenges are...
-
During the past month a firm shows the following metrics: Average days of accounts receivable 6.75 days Average daily cost of sales $ 35,000 Current total value of inventory $ 300,000 Current value...
-
From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate? Why?
-
Key figures for Apple and Google follow. Required 1. Compute the debt-to-equity ratios for Apple and Google for both the current year and the prior year. 2. Use the ratios you computed in part 1 to...
-
For the function given by f(t)= t on the interval -2
-
a. In early 2018, a German aircraft company bought airline parts from an American largest aerospace company worth $365 million. The product was finance by the U.S bank with a 7- year loan. The loan...
-
Maleko (55) and Luni (50) will file married filing jointly. Neither is blind. What is their 2022 standard deduction?
-
U Co. has a P2, 000,000 credit balance of accumulated profits. The following transactions are taken from U Co. during the year: Net loss, P400,000 Purchase or treasury shares at cost P200,000...
-
f. O 2. In the absence of an electric field, a dipole is oriented as shown in the figure on the right. What happens to the dipole when a uniform electric field pointing in the left direction is added...
-
What are the two essential amino acids in the active site of chymotrypsin?
-
CdF2 (s) Cd+ (aq) + 2 F- (aq) 1. A saturated solution of CdF2 is prepared. The equilibrium in the solution is represented above. In the solution [Cd+] eq = 0.0585 M and [F-] eq = 0.117 M. a....
-
Tufty plc produces a small range of industrial pumps using automated methods. The business is now considering production of a new model of pump, starting on 1 January 20X3. The business wishes to...
-
For ease of production planning, CRW would like to keep the batch size for each type of component constant at 20. Calculate how much the setup time for each component should be reduced or increased...
-
Employees of an online customer service center answer questions asked by e-mail by the company's customers. Each employee works an 8-hour shift that includes a 30-minute lunch break and two...
-
Because of new market promotions and sales growth, the online customer service center described in Problem 3 has started getting approximately 50,000 e-mails every day. The service center currently...
-
Paraphrase this "To fight the 2008 financial crisis, the United States employed a combination of fiscal and monetary policies. On the budgetary front, Congress passed the ailing Asset Relief Program...
-
a) A company just paid a dividend of Do = $5.00 on its preferred stock. The dividend amount will remain constant. The discount rate (i.e., market capitalization rate) of the company is k = 8%. What...
-
Jessica is planning to paint her room. It measures 11 feet by 13 feet and has 8 -foot ceilings. One long wall and one short wall each have a window that measures 3 feet by 4 feet. One short wall has...
Study smarter with the SolutionInn App