Case: Sport Obermeyer Using the sample data given in Table2-20‚ make a recommendation for how many units of each style Wally should male during the initial phase of production. Assume that all of the 10 styles in the sample problem are made in Hong Kong and that Wally’s initial production commitment must be at least 10‚000 units. Ignore price differences among styles in your initial analysis. Style Mean Std Dev produce (avg-2SD) Hong Kong Gail 1017 388 639 629
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Question 2. What operational changes would you recommend to Wally to improve performance? Clearly list the expected benefits from each change. Please try and be specific in terms of the changes and benefits in response to this question. One of the main reasons to implement certain operational changes is to reduce the difference between initial forecast done before Las Vegas show and the updated forecast done after it. Some operational changes also have to be made to reduce the lead
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three of the cultural “missteps” that Wally Astor and his father-in-law‚ Henry Williams‚ made in this scenario? Why do you think this happened? About 65 results (0.63 seconds) Search Results Miscommunications with a Brazilian Auto Parts Manufacturer ... www.studymode.com/.../Miscommunications-With-a-Brazilian-Auto-Part... ... 1) What are three of the cultural “missteps” that Wally Astor and his father-in-law‚ Henry Williams
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International Managerial Accounting ACC202 The recommendation that I would make to Wally Wizard would be as follows: I would recommend to not outsource the production of the Global Positioning System navigator (GPSN). I came to this by totaling up the total cost for Behemoth Motors Corp (BMC). The following table indicates the figures that I came up with; So it cost us here at BMC $3‚400‚000 to make the 8000 GPSN units a month needed to supply our Sport Utility Vehicles (SUVs). I then put together
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demand forecasts made by the design committee. Constraints: 1. Minimum order quantity at: Hong Kong – 600 China -1200 2. Total order quantity (1st schedule): 10000 3. Almost Half of production to be done each in China and Hong Kong Expected Safe Margin of Production: Average Forecast – 2* standard Deviation |Style |Price |Average |Std Dev |2 * Std Dev |Safe Order | | | | | |
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There were two main driving issues behind our analysis of this Sport Obermeyer case: the measurement and understanding of demand from uncertain and disparate forecasts‚ and the allocation of production between factories in Hong Kong and Mainland China (Lo Village‚ Guangdong). The main challenges facing the company were long lead times‚ little to no feedback from the market before the first production decision (the first real demand signal is at the Las Vegas trade show in March) and inaccurate forecasts
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Sport Obermeyer case (Venugopal Vinjamuri and Kailash Kothari) In order to determine the quantity of each product that should be purchased at the outset so as to fill half of the total forecasted volume (10‚000 units)‚ we need to calculate the purchase price per product (something that isn’t provided in the case) and also the salvage price per product. Let’s start with the cost information of the Rococo Parka. The cost to produce one piece in Hong Kong is $60.08 while the cost in China is $51.92
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Sport Obermeyer – Case Review In this case study we discuss the problems faced by Sport Obermeyer‚ a fashion skiwear manufacturer. Every year the company had to produce a new line of clothing according to the latest trends and fashions. The success of the company depended on how well Sports Obermeyer was able to predict market response to different styles and colors. Intense competition had made forecasting really difficult. The two scenarios that resulted were products in style sold out and the
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Griffins poem” Love Should Grow Up Like a Wild Iris in the Fields”‚ gives the ideal meaning of what love should be vs. the reality of what love is. Griffin uses the metaphor of an iris to describe how both an iris and love can flourish into something beautiful and how quickly this can be broken with the everyday burdens that take over our lives. Imagery is also used to differentiate between the natural growth of an iris and the way love should blossom. Although love should evolve without difficulty
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1- What makes supply chain management at Sport Obermeyer so challenging? The biggest challenge Sport Obermeyer is facing is uncertainty. The demand for each of the styles is completely un-deterministic and is very hard to predict. At the same time‚ Obermeyer production cycle is very long which is making it nearly impossible to adapt to the market. On one hand‚ if the produced items do not sell‚ Obermeyer incurs the loss of manufacturing cost. On the other hand‚ if we do not produce enough of the
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