ECLT 5940 case studyFoldRite Furniture Case Report ECLT 5940 Supply Chain Management Group member: Huang Yi Fang Peiwen Qi Jin Tan Yunxuan Zhang Yanfeng 1155024743 1155021692 1155010896 1155020407 1155024230 1. Background and Issues 1.1 The background of FoldRite In 1987‚ FoldRite Furniture Company was founded‚ and the Company gained some success by producing a folding banquet table. By the late 1990s‚ FoldRite had kept a stable growth‚ selling three product lines into a range of markets.
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Thi Xuan Phuong SOLUTION FOR FOLDRITE FURNITURE CASE Service level is 95% (5% of output is defect) Wages skilled / labor hour = 19 + 33% * 19 = $25.27 Wages unskilled / labor hour = 9 + 10%*9 = $9.9 Hiring cost per worker (skilled) = $1‚500/worker Hiring cost per worker (unskilled) = 25*2*1.33 = $66.5/worker Training cost per unskilled to be skilled (4 weeks with full wage) = 4*9.9 = $39.6/worker Production requirement = demand forecast = Sum of (daily demand * production days) Production
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Integrated Planning – Module 2 1 Agenda • Forecasting‚ • Factors influencing Demand • Basic Demand Patterns • Basic Principles of Forecasting • Principles of Data Collection • Basic Forecasting Techniques‚ Seasonality • Sources & Types of Forecasting Errors Forecasting can be conducted at various levels Strategic Required for • Product life cycle • Long-term capacity planning • Capital asset/equipment/ human resource management Examples • Product line transitions • Annual volume out
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STORM SURGE A storm surge is a coastal flood or tsunami-like phenomenon of rising water commonly associated with low pressure weather systems (such as tropical cyclones and strong extratropical cyclones)‚ the severity of which is affected by the shallowness and orientation of the water body relative to storm path‚ and the timing of tides. Most casualties during tropical cyclones occur as the result of storm surges The two main meteorological factors contributing to a storm surge are a long fetch
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Unit 411 Planning to meet the needs of learning Word count: 1‚160 At my place of work – Include‚ we do not have ILP’s‚ this is because we run a twenty week‚ roll on roll off programme and we wouldn’t have the time. We do however set goals‚ at the start and during monthly
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Strategic Thinking 5 Ansoff’s Growth Vector Matrix 5 Strategic Planning 7 BCG Growth-Share Matrix 7 Directional Policy Matrix 8 Co-Operative Food Store Audits 10 Environmental Audit 10 PESTEL Analysis 10 Porters 5 Forces: 10 Organisational Audit 11 Stakeholder Analysis 14 Co-operative Stakeholders 14 Stakeholder Mapping 14 Bibliography 16 Introduction This briefing pack is to provide help and guidance to the Co-operative Group on business strategy. Included in this pack will
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ScienceAsia 27 (2001) : 271-278 Demand Forecasting and Production Planning for Highly Seasonal Demand Situations: Case Study of a Pressure Container Factory Pisal Yenradeea‚*‚ Anulark Pinnoib and Amnaj Charoenthavornyingb a Industrial Engineering Program‚ Sirindhorn International Institute of Technology‚ Thammasat University‚ Patumtani 12121‚ Thailand. b Industrial Systems Engineering Program‚ School of Advanced Technologies‚ Asian Institute of Technology‚ P.O. Box 4‚ Klong Luang‚ Patumtani
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The storm will probably continue slowly northward and its effects will be felt as far as the lower portion of the middle Atlantic coast by Friday night." (Page 113)"My family pleaded with me to remain at home‚ said A.R. Wolfram‚ a Galveston shopkeeper‚ but I was determined to go to town. I tried to reassure them and promised that at the first signs of the storm’s approach‚ I would return home. He did go home‚ for lunch‚ but left again to return to work‚ despite the tearful pleadings of my wife and
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of Demand Planning Excellence Achieving higher supply chain performance with more powerful‚ accurate demand planning L O G I L I T Y V O YA G E R S O L U T I O N S An Executive Whitepaper Table of Contents Pillar #1: Go Beyond Simple Forecasting .....3 Pillar #2: Beat the “Devil in the Details” Using a Demand Aggregation Hierarchy........5 Pillar #3: Take Planner Productivity to the Next Level ............................................7 Pillar #4: Make Collaboration a Core Demand Planning
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Developing a Website for Furniture Arts Chapter 1 Introduction Furniture Arts has a problem in selling and advertising their products. They only use facebook to promote their artifacts. In developing an Online Ordering of Furniture Arts helps the clients in selling their products easily. It can also help in advertising their products online so that people who are interested in buying those items will see even though they are far from the commercial site. We will also put a map site so that the
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