s critical to understand the various requirements of your customers in order for your product or service to meet their expectations requirements
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- QUESTION 5:What is demand forecasting and why it’s vital to the company’s operations?Which is an example of Assessing Risk? Question 24 options: Supply chain risk is the likelihood of a disruption that would impact the ability of a company to continuously supply products or services. Disruption risks are caused by natural or manmade disasters. Supply chain coordination risks are associated with the day-to-day management of the supply chain All of the aboveWhich of the following is not a benefit of risk mapping and prioritisation? Question 5 options: Risk maps are key graphical representations of the variance in risk appetites across different divisions within an organisation. Ranking risks by their level of severity helps an organisation determine the optimal allocation of resources devoted to risk response or treatment. Helps the organisation identify how certain risks can offset other risks to ensure that the enterprise maintains an overall risk profile that remains within risk capacity. The results help an enterprise to communicate better its risk aggregated risk profile to key external stakeholders.
- Question 1) Why is it necessary, as part of the planning process for customer service teams, to review previous performance and successful approaches and to identify factors affecting performance? Question 2) Where does the information come from and how is it used? Please note this a two part question for the same questionCluster analysis is often used for what business purpose? Question 12 options: Predicting product demand Segmenting customers Assessing product success Forecasting future revenueClients' satisfaction levels with product or service that are currently being offered
- Question 1Winter Blues is a company that specializes in the sales of Wedding Dresses to individuals and companies. Winter Blues year end is 30 June 2021. The audit manager has tasked you with reviewing their computer system. Background Information The business was started in 2010 by Mirram Mulwanda as a small boutique. Over the years multiple stores were opened across Namibia. It has been Namibia’s dream to grow the business and sell to all the provinces of Namibia. In 2015 the sales clerk suggested to Mirram to introduce selling via the internet through Instragram Boutique System. That way she will grow her market by reaching her customers wherever they are. Mirriam tasked the IT department with the development of Instragram Boutique System in as she was not comfortable with purchasing a Computerized System. Additional Information regarding the business operations Ordering of goods is done by Mirriam the order clerk using a terminal that has been allocated to her. Orders are received…Q: How the net profit is calculated for product explain and derive formula for it?QUESTION 2 A company charts the deviations in size for manufacturing various parts. What is the purpose of this type of viz? O Comparison O Correlation O Distribution O Trend Evaluation
- Problem 16-11 (Algo) One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a forecast you provided of 100,000 parts in year 1; 300,000 in year 2; and 500,000 in year 3. Shipping and handling of parts from the supplier's factory is estimated at $0.01 per unit. Additional inventory handling charges should amount to $0.003 per unit. Finally, administrative costs are estimated at $30 per month. Although your plant is able to continue producing the part, the plant would need to invest in another molding machine, which would cost $20,000. Direct materials can be purchased for $0.05 per unit. Direct labor is estimated at $0.04 per unit for wages plus a 50 percent surcharge for benefits and, indirect labor is estimated at $0.011 per unit plus 50 percent benefits. Up-front engineering and design costs will amount to $50,000. Finally, management has insisted that overhead be…The Identify Stakeholders process can utilize which of the following? Question 4 options: Classification grids Classification cubes Directions of influence All of the aboveRules and Regulations issued by various administrative agencies probably have the greatest impact on businesses. Question 2 options: a) True b) False