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Please answer questions base on the Sport Obermeyer Ltd Harvard article.


HEURISTIC RESUL


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Please answer questions base on the Sport Obermeyer Ltd Harvard article.


HEURISTIC RESULTS IF NO PRODUCTION MINIMUMS Style

 

Seduced

 

Assault

 

Electra

 

Anita

 

Daphne

 

Entice

 

Gail

 

Isis

 

Teri

 

Stephanie Average

 

4017

 

2525

 

2150

 

3296

 

2383

 

1358

 

1017

 

1042

 

1100

 

1113 S.D.

 

1113

 

680

 

807

 

2094

 

1394

 

496

 

388

 

646

 

762

 

1048 First period production Qty K= 0 4017

 

2525

 

2150

 

3296

 

2383

 

1358

 

1017

 

1042

 

1100

 

1113

 

20001 1) Producing average for each style, (k=0) implies first period production quantity is 20001

 

2) Minimize my risk by forcing first period production quantity = 10,000 (roughly break even for the factories)

 

3) Produce upto the SAME demand percentile for EACH style

 

4) Assuming normal distribution, this means producing the average of a style's forecast

 

minus the same number of standard deviation of that style's forecast

 

Use Cells F2 and D13 in Goal Seek. Make cell D13 take on the target value of 10,000

 


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Please answer questions base on the Sport Obermeyer Ltd Harvard article.


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