Resource Managemen

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Business Finance

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  • Select a goods-producing organization and a service-providing organization of your choice. Suggest ways each organization can make aggregate planning decisions using the variables described in Exhibit 13.3 (Chapter 13).
  • Compare and contrast the operational and managerial impacts of the aggregate planning decisions in terms of customer satisfaction.

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Exhibit 13.3 Example Aggregate Planning Variables and Revenue Cost Implications Aggregate Planning Decision Options Revenue/Cost Implications Demand Management • Pricing strategies • Promotions and advertising Increased revenue and lower unit costs Economies of scale Production rate • Overtime • Undertime Higher labor costs and premiums • Idle time'lost opportunity costs • Overhead costs and some loss of control • Subcontracting Workforce • Hiring • Layoffs • Full- and part-time labor mix • Acquisition and training costs Separation costs • Labor cost and productivity changes Inventory • Anticipation (build) inventories • Allow stockouts • Plan for backorders • Inventory-carrying costs • Lost sales (revenue) and customer loyalty costs • Backorder costs and customer waiting costs Facilities, Equipment, and Transportation • Open/closed facilities and hours • Resource utilization . Carbon emissions • Mode (truck, rail, ship, air) Capacity and resource utilization • Variable and fixed costs • Speed and reliability of service and delivery • Low-to high-utilization impact on unit costs • Inbound and outbound costs per mode • Number of full or partial loads Cengage Learning 2013
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RESOURCE MANAGEMENT

Resource Management
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RESOURCE MANAGEMENT
RESOURCE MANAGEMENT

Goods-producing organizations produce products. The sectors include; forestry, agriculture,
mining, fishing and construction to mention. These sectors could be divided into sub-sectors.
Under construction sector, real estate organization has become a significant sub-sector which is
increasing the per capita of several states. Under demand management, a real estate organization
should use property versus property strategy by performing an appraisal on the currently sold
property to their subject property. The real estate organization chooses a winning price to
influence the mind of the buyers.
When property never matches capacity, a real estate organization uses pricing promotions and
new demands depending on the customer’s preference. Inventor...


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