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Essay Details:
Essay text:
However, Ron Adams, the marketing manager, is concerned about having enough rakes on hand for timely shipments. There is an agency problem amongst Yankee Fork and Hoe Company. They both have bias views on how the forecasts should be run. They are behind on customer demands because of Phil’s forecast philosophy.
Diagnostic Analysis
The bow machines for Yankee Fork and Hoe Company can only produce 5,000 bows a day. This equates to 150,000 per month. Phil is decreasing demand forecasts by 10% to generate a monthly final-assembly schedule. Phil is decreasing his demand forecast by 15,000 units in fear of being overstocked...
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