In terms of operations management the forecast which projects a company’s sales is called a. Economic...
In terms of operations management the forecast which projects a company’s sales is called
a. Economic forecast
b. Technological forecast
c. Demand forecast
d. Associative mode
Homework Answers
In terms of operations management the forecast which projects a company’s sales is called as Demand forecast.
The activity of estimating the quantity of a product or service that consumers will purchase is demand forecasting.
prediction of what will happen to your company's existing product sales is called demand forecast.
Explanation to other options
Economic forecasting is the process of attempting to predict the future condition of the economy. It is done using a combination of widely followed indicators.
Technology forecasting is a tool used to anticipate and understand the potential direction, rate, and effects of technological change.
Add Answer to:
In terms of operations management the forecast which projects a company’s sales is called
a. Economic...
Examples of projects for healthcare operations management include all but which of the following? a. Deployment of...
Examples of projects for healthcare operations management include all but which of the following? a. Deployment of a pharmaceutical ordering and inventory system b. Replacement of a damaged view screen in a picture archiving and communication system c. Design/construction of a new facility or building d. Analysis of patient business processes Which of the following should be considered in the adoption of operational metrics in a hospital? a. The number of metrics should be maximized b. Reporting frequency should be...
Sombrero Corporation, a U.S. corporation, operates through a branch in Espania. Management projects that the company’s...
Sombrero Corporation, a U.S. corporation, operates through a branch in Espania. Management projects that the company’s pretax income in the next taxable year will be $124,500: $96,800 from U.S. operations and $27,700 from the Espania branch. Espania taxes corporate income at a rate of 30 percent. b. Management plans to establish a second branch in Italia. Italia taxes corporate income at a rate of 10 percent. What amount of income will the branch in Italia have to generate to eliminate...
Climate Control, Inc. makes expedition-quality rain gear for outdoor enthusiasts. Management prepared a forecast of sales...
Climate Control, Inc. makes
expedition-quality rain gear for outdoor enthusiasts. Management
prepared a forecast of sales (in suits) for next year and now must
prepare a production plan. The company has traditionally maintained
a level workforce strategy. All nine workers are treated like
family and have been employed by the company for a number of years.
Each employee can produce 2,000 suits per month. At present,
finished goods inventory holds 24,000 suits. The demand forecast
follows:
a. Management is willing...
5. All of the following are true about projects and operations EXCEPT: A Operations are ongoing...
5. All of the following are true about projects and operations EXCEPT: A Operations are ongoing endeavours that produce repetitive outputs, with resources assigned to do basically the same set of tasks according to the standards institutionalzed in a product life cycle, whereas projects are temporary endeavours Projects require project management activities and skill sets, whereas operations require business process management, operations management activities, and skill sets. Projects can intersect with operations at various points during the product life cycle....
2.Sombrero Corporation, a U.S. corporation, operates through a branch in Espania. Management projects that the company’s...
2.Sombrero Corporation, a U.S. corporation, operates through a branch in Espania. Management projects that the company’s pretax income in the next taxable year will be $124,500: $96,800 from U.S. operations and $27,700 from the Espania branch. Espania taxes corporate income at a rate of 30 percent. a. If management’s projections are accurate, what will be Sombrero’s excess foreign tax credit in the next taxable year? Assume all of the income is general category income. (Do not round intermediate calculations.) b....
Regarding economic growth, which of the following are components of economic growth a. investment b. technological...
Regarding economic growth, which of the following are components of economic growth a. investment b. technological progress c. growth in labor d. all the above
The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal...
The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 11,400 12,400 14,400 13,400 The selling price of the company’s product is $13 per unit. Management expects to collect 65% of sales in the quarter in which the sales are made, 30% in the following quarter, and 5% of sales are expected to be uncollectible. The beginning...
The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (a...
The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year (all sales are on account): 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted unit sales 12,800 13,800 15,800 14,800 The selling price of the company’s product is $27 per unit. Management expects to collect 65% of sales in the quarter in which the sales are made, 30% in the following quarter, and 5% of sales are expected to be uncollectible. The beginning...
What operations management function is most important to complete prior to inventory management? A. Location analysis...
What operations management function is most important to complete prior to inventory management? A. Location analysis B. Forecasting demand C. Facility layout D. Total quality management
The primary activities included in the value chain include A. supply chain management, operations, distribution, sales...
The primary activities included in the value chain include A. supply chain management, operations, distribution, sales and marketing, and customer service activities B. product R&D, technology and systems development C. human resource management D. general administration E. All of these choices are correct
Climate Control, Inc. makes
expedition-quality rain gear for outdoor enthusiasts. Management
prepared a forecast of sales (in suits) for next year and now must
prepare a production plan. The company has traditionally maintained
a level workforce strategy. All nine workers are treated like
family and have been employed by the company for a number of years.
Each employee can produce 2,000 suits per month. At present,
finished goods inventory holds 24,000 suits. The demand forecast
follows:
a. Management is willing...
5. All of the following are true about projects and operations EXCEPT: A Operations are ongoing endeavours that produce repetitive outputs, with resources assigned to do basically the same set of tasks according to the standards institutionalzed in a product life cycle, whereas projects are temporary endeavours Projects require project management activities and skill sets, whereas operations require business process management, operations management activities, and skill sets. Projects can intersect with operations at various points during the product life cycle....
Most questions answered within 3 hours.
-
please don't use the p value method instead use the "5 steps of
hypothesis testing." Or...
asked 45 seconds from now -
It is said that Galileo discovered a basic principle of the
pendulum—that the period is independent...
asked 4 minutes ago -
The Cost of Equity and
Flotation Costs
Messman Manufacturing
will issue common stock to the public...
asked 11 minutes ago -
a) summarize the challenges facing New Britain today
b) identify some of its strengths
c) suggest...
asked 13 minutes ago -
**86 at 40 not 88. please show how got Tr in calculations thank
you
2) The...
asked 14 minutes ago -
McGlaun Company pays its employees every two weeks. The firm
last paid its employees on September...
asked 27 minutes ago -
You have been gifted a Mogwai as a pet and decide to do a little
online...
asked 32 minutes ago -
given the standard of 200 mg/dl and the absorbance of that
standard is 0.640. What is...
asked 35 minutes ago -
Exercise 8-51 Algo
An accounting professor is notorious for being stingy in giving
out good letter...
asked 43 minutes ago -
month
total distribution cost
level of activity (unit produced)
july
230.000
3500
august
250.000
3750
september...
asked 44 minutes ago -
A smoke detector system uses two devices, A and B. If smoke is
present, the probability...
asked 1 hour ago -
Your division head has assigned another important project to you
and your team. This project is...
asked 57 minutes ago