OPERATIONAL MANAGEMENT/LOGISTICS SPORT OBERMEYER ‚ LTD. A) What Operational changes would you recommend to Wally to improve performance? B) How should Obermeyer management think (both short and long-term) about sourcing in Hong Kong vs. China? C) Based on Exhibit 10 in the case‚ how should Wally plan production in November? Think about the question qualitatively – identify factors that would affect the timing and quantity of product decisions. To understand what operational
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AUO1 Additional Study Questions What is the difference between transaction processing systems‚ management information systems‚ and decision support systems? Transaction processing systems - document financial activities Management information systems - used to collect qualitative as well as quantitative information for decision making within organizations Decision support systems - help the developers of an AIS identify what information they need for their planning‚ decision making‚ and control
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Sport Obermeyer‚ Ltd Wally Obermeyer‚ the internal operations manager of Sport Obermeyer‚ a mid-to-high fashion ski apparel company with headquarters out of Aspen‚ Colorado‚ and son of company founder Klaus Obermeyer‚ has two dilemmas at hand. 1) How to forecast demand for specific skiwear items for the 1993-1994 fashion line? 2) Once quantity per item is determined‚ how should production be allocated between factories in Hong Kong and China? Although the case mentions the
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The Sample Problem Objective: To prepare a production schedule according to 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
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Wally Obermeyer is facing a challenge in accurately forecasting the market response and demand for the upcoming season. Historically‚ the company founder‚ Klaus Obermeyer‚ relied minimally on forecast data‚ and more on intuition and artistic tastes. In comparison‚ his son Wally prefers to make decisions based on analytical techniques and information gathering. If Wally’s approach proves successful‚ it can change how Sport Obermeyer approaches its manufacturing processes‚ secure its position long-term
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Andrew Vaccarrazza Jennifer Wadsworth Ryan Ordonez Matt McKinney John Fung OPM 181 T-TR 4:30PM 1. Based on analyzing the Optimal Cycle service Level for seasonal items (single order) we were able to come up with the following recommendation for the initial phase. Style O* (Hong Kong) Gail 1288 Isis 1429 Entice 1550 Assault 2870 Teri 1707 Electra 3025 Stephanie 2019 Seduced 4337 Anita 4426 Daphne 3671 Total 28705 What if capicity was limited to 10‚000 units? Style O* Ratio
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Sport Obermeyer 1 Sport Obermeyer’s Time Line and “Speculative” versus “Reactive” Production "NOW" Initial Forecast 9 months Feb … Oct 1992 … 1992 Design of 1993-94 Line. Las Vegas Revised Forecast 5 months Nov … Mar 1992 … 1993 5 months April … Aug 1993 … 1993 "Speculative" Production "Reactive" Production of 1993-94 Line of 1993-94 Line In Feb 1993‚ start design of 1994-95 line. “Speculative” Production 27 Months Sept 1993 Oct 1993 Nov 1993 8 months Dec Jan 1993 1994 Selling of
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1. Explain the meaning of the term ’workplace exposure limit’. (2) The term "workplace exposure limit" (WEL) is concerned with concentrations of hazardous substances in the air that people breathe averaged over a specified period of time and referred to as a time weighted average. 2. Acute injuries normally lead to sickness leave from work and a period of rest during which time the damage heals. 3. Chronic injuries build up over a long period of time and are usually irreversible‚ producing illnesses
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Additional Mathematics Project Work 2012 Sculpture for the Additional Mathematics Corner of Sekolah Tinggi Muar‚ Johor Name : I/C No : School : Sekolah Tinggi Muar Integration Contents 1. Title : Sculpture for the Additional Mathematics Corner of Sekolah Tinggi Muar page 1 2. Appreciations:
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Additional Questions – Test Strategy Table of Contents 1 Purpose 3 2 About Additional Questions 3 3 Requirements 4 3.1 As-Is and New AQ Features 4 AQ As-Is Feature from V1 4 AQ Additional / Enhanced Feature for V2 4 Create AQ functional Component 4 AQ FCA linked to Scoring FCA 4 Create AQ Event by copying an existing event (closed‚ open‚ draft & archived) 4 Invite Supplier 4 3.2 AQ High Level Functionality and List of User Stories 5 Table below gives the mapping of
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