Wednesday, February 26, 2020

Introduction to operations and supply chain MANAGEMENT Case Study

Introduction to operations and supply chain MANAGEMENT - Case Study Example As such, the type of forecast is demand and it is at market level since the numbers of sales seem to be increasing in the market in which the firm operates. This model has been chosen because it uses a series of demand observations over a period of time in a chronological order in order to develop forecasts. Therefore, the Last Period Model has been selected because it is assumed that the demand of each of the three drivers is constantly increasing with time. This model assumes that the level of demand for the current period is used as a forecast for the next period. For each period, it can be seen that the current demand of each driver seems to be increasing as illustrated in the table of data given. As such, this is a suitable model that can be used to forecast demand of the drivers offered by Top Slice Company. 2. According to the Last Period Model, Top Slice Company should have the expanded work cell up and running by the end of June 2012 as presented in the table given. For each month, it can be seen that the total number of the three drivers is increasing by an average of about 25. For instance, in January 2012, the number of drivers manufactured was 2559 and in February of the same year they increased to 2584 showing an increase of 25 drivers. In March 2012, a total of 2609 drivers were manufactured again showing an average increase of 25 drivers from the previous month. Therefore, the end of June is the ideal period to have the work cell up and running. As noted, the current work cell is capable of producing only 2700 drivers a month. Given the monthly average increase in the number of drivers manufactured, it can be seen that by the end of June, about 2675 drivers would be manufactured and by July, the maximum capacity of 2700 would be reached. Therefore, it is wise for Jacob to init iate the expansion of the work cell earlier in order to avoid inconveniences when the current work

Monday, February 10, 2020

An Analysis of Advertising Assignment Example | Topics and Well Written Essays - 1500 words

An Analysis of Advertising - Assignment Example What is more, in accordance with Steinbeck, material well-being and financial security are among the most things for Americans, on which they depend a lot even though they regard themselves as independent, self-sufficient and self-reliant. Furthermore, among the characteristic features of Americans is the inconsistency of their behavior and their tendency to â€Å"function by paradox†, which means that they themselves cancel their rules and habits by introducing new ones (Steinbeck). Finally, Americans live in accordance with the American Way of Life despite the fact that nobody can give a clear definition of what constitutes it and what it means. In this very paper, the way the commercials reflect the traits of Americans will be analyzed. More specifically, the correctness and usefulness of illustration in understanding the characteristics of Americans will be touched upon. For this purpose, five particular traits have been chosen from the article by John Steinbeck. Among them are the following ones: Americans’ tendency to act excessively (â€Å"for the most part we are an intemperate people†), being dependent on money (â€Å"we are complacent in our possessions, in our houses, in our education; but it is hard to find a man or woman who does not want something better for the next generation†), being good to unknown people (â€Å"Americans are remarkably kind and hospitable and open with both guests and strangers†), having a belief in self-sufficiency (â€Å"we believe [†¦] that we have inherited self-sufficiency and the ability to take care ourselves†), and being charitable in case the re is spare money (â€Å"if we have enough gold – we contribute it back to the nation in the form of foundations and charities† (Steinbeck). For this purpose, five commercials have been chosen: Audi commercial, a commercial that presents new contract option from T-Mobile,