Monday, February 17, 2020

Supply Chain Management (Vimto) Case Study Example | Topics and Well Written Essays - 750 words

Supply Chain Management (Vimto) - Case Study Example We will use the three-month moving averages method because only these months will be considered to give a more accurate figure. Also, this method is very useful for businesses that are in rapidly changing industry, which VIMTO is part of (Winston, 2010). The calculation is as follows: 2. If the company has a policy to always keep 15,000 stock on hand at all times, and the stock on hand at the end of June was 10,000, then subtracting the end of June figure from the desired end of July figure will give us the correct answer. In this case, the difference is 5,000. This 5,000 can be added to 30,333 and we can get the production figure of 35,333. VIMTO should plan to produce 35,333 products during the month of July so that it has enough to meet its minimum stock requirements. 3. Demand for VIMTO may increase if a special event such as Ramadan was held during the month of July. There would be no way to forecast using that same year’s data because the demand would be smaller during the previous months. The only way to predict it is if there was data from the same time the previous year and then that data could be used to make the

Monday, February 3, 2020

Compare the Boston with PA and answer the following questions Essay

Compare the Boston with PA and answer the following questions - Essay Example Thus, the Greater Boston region is a home to 4.5 Million people. The city’s population density is 5,203 people per square mile. On the other hand, basing on the 2010 United States Census, Pennsylvania has a population of is 12,742,886 people (Sapp and Solomon 81-82). With respect to land composition, Palo Alto has a total area of 25.8 square miles.1.9 square miles is covered by water while 23.9 square miles is covered by land. On the other hand Pennsylvania covers a total of 46,055 square miles of which 1239 is covered by water whereas 44,817 square miles is covered by land. In terms of average income, as determined by the 2000 U.S Census statistics, the average income for the Bolton city is $39,629. The average family income is $44,151. The per capita income of the city is $23,353. In addition, 19.5 percent of the population as well as 15.3 percent of families live below poverty line. On the other hand, Pennsylvania has a Gross State Product of $570. It has an average per-capita GSP of $39,830.In terms of poverty, 4.8 percent of the population and 3.2 percent of families live below poverty line (Sapp and Solomon 84). With regards to lifestyle, Boston has one of the highest living cots in the United States. It is an international hub for reputable higher educational and medicinal centers. The city has been ranked third in the United States as per livability rankings. On the other hand, the people in Pennsylvania like mushroom and wine. The quality of life in the state is incredible as well. It is also a religious center with the notable churches being the Roman Catholic and protestant churches. The two cities have taken various initiatives in enhancing a reduction in environmental pollution and promoting environmental conservation. In this purview, it is apparent that Boston has always been in the frontline to ensure environmental conservation. This is bolstered by the Boston