OPS/571 (Operations Management) Week 5 Learning Team Assignment

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timer Asked: Jan 3rd, 2018
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Question description

Hello. I was hoping that you would be able to assist me with this learning team assignment. I am going to suggest to my team members that we should do this assignment on Nike or Amazon. I just need to do 1 part so please choose and let me know. I have attached the assignment and requirements and the chapters for this week as well. Thank you

OPS/571 WEEK 5 LEARNING TEAM ASSIGNMENT (2) AND REQUIREMENTS Student Supplemental Textbook Materials Jacobs, F.R. & Chase, R.B. (2014). Operations and supply chain management (14th ed). New York, NY: McGraw-Hill. Required Reading • Operations and Supply Chain Management, Ch. 5: Strategic Capacity Management Consider the following as you read: • What is capacity management and why is it an important focus for firms? • How does one execute capacity planning? • Compare and contrast capacity planning for service and manufacturing businesses. • Operations and Supply Chain Management, Ch. 17: Enterprise Resource Planning System Consider the following as you read: • What are enterprise resource planning (ERP) systems and why are they important? • How are supply chains enabled and improved via ERP systems? • How is information shared amongst business units via ERP systems? Instructions • Operations and Supply Chain Management, Ch. 18: Forecasting Consider the following as you read: • Why is it important for firms to focus on forecasting models? • Compare and contrast the various types of forecasting models. Instructions • Operations and Supply Chain Management, Ch. 19: Sales and Operations Planning Consider the following as you read: • Why is sales and operations planning an important focus for many firms? • Why is it important for many firms to focus on yield management? Instructions • Operations and Supply Chain Management, Ch. 21: Material Requirements Planning Consider the following as you read: • What is material requirements planning (MRP)? • Why is it important for manufacturing firms to focus on MRP? • How does one go about analyzing and MRP problem? HERE IS THE ASSIGNMENT BELOW. PLEASE CHOOSE WHICH PART THAT YOU WOULD LIKE TO DO AND I CAN LET YOU KNOW WHICH BUSINESS OPERATIONS DATASET FROM THE INTERNET OR OTHER SOURCES THAT WE ARE GOING TO USE IN A FEW MINUTES Purpose of Assignment The purpose of this team assignment is for students to learn how to apply Operations Forecasting. Assignment Steps Resources: Microsoft® Excel® Select a business operations dataset from the internet or other sources which can be used for forecasting in the University Library. Purpose of Assignment The purpose of this team assignment is for students to learn how to apply Operations Forecasting. Assignment Steps Resources: Microsoft® Excel® Select a business operations dataset from the internet or other sources which can be used for forecasting in the University Library. Develop a minimum of three quantitative forecasts using Microsoft® Excel®. • • • • • • • • Intro-THIS IS ALREADY TAKEN Quantitative Forecast One Quantitative Forecast Two Quantitative Forecast Three Compare and contrast each quantitative forecast you develop. THIS IS ALREADY TAKEN Choose the one forecast you determine would be the best for the firm and be prepared to explain why you chose this. Evaluate the impact this forecast would have on the firm from a financial metrics standpoint. Conclusion-THIS IS ALREADY TAKEN Develop a 700-word report in which you describe your forecasting project including details on all the assignment steps. Format your assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

Tutor Answer

Nicholas I
School: New York University

Hi, kindly fin attached

Surname 1
Student’s name
Course
Tutor
Date
Amazon Firm Forecast
For Amazon firm, I have chosen the ‘Amazon Simple Moving Average Forecast’ as the
best model of the two provided. This is because, through the forecasting model, the organization
will be able to measure the actual financial operation of the company against the forecast plan.
Therefore, Amazon will be able to make adjustments whenever necessary in the cash...

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Review

Anonymous
Outstanding Job!!!!

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