Estimating Demand Uncertainty
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Title: Estimating Demand Uncertainty

Essay Details:

Subject: Business
Author: Karen D
Date: February 23, 2016
Level: University
Grade: A
Length: 4 / 967

Essay text:

Inaccurate forecasts are increasing making it so that unwanted goods are left to have to be marked down. They Studied - Deal with styles that had irregular demand. - Hit manufacturing constraints during the peak ski-wear-production period. - The pressure to reduce manufacturing costs - Increase variety required Sport Obermeyer to develop a more difficult supply chain - Limited supplier capacity - Lead time - Stock outs and markdowns - Inaccurate Forecasting - Early order - Predict what people would buy - Committee forecast - Retailer began demanding earlier delivery 2. Explain each of the methods used by Obermeyer to gain increased market insight onto product demand and explain what the benefit was to the company? Each of the methods used by Obermeyer to gain increased market insight onto product demand are the different production-scheduling systems such as quick-response programs, just-in-time inventory systems, manufacturing resource planning, and the like...

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