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Essay Available:
Pages:
4 pages/≈1100 words
Sources:
1 Source
Level:
APA
Subject:
Management
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 20.74
Topic:

Red Tomatoe: Stockouts As Demand Fluctuation Increased (Coursework Sample)

Instructions:

What happened to the use of subcontractors as holding costs increased? What happened to profits? What did you learn from this exercise?
Note: Use the “Solver” capability under the ”Tools” menu for the above three exercises.
*Note on using the “Solver" Add-In:The Solver Add-in is an Excel add-in program that is available when you install Microsoft Office or Excel. To use it in Excel, however, you need to load it first. You should have completed doing so in Module 3.

source..
Content:


Red Tomatoes
Author Name
Institution Affiliation
Exercise 1: What happened to stockouts as demand fluctuation increased? What happened to profits? What did you learn from this exercise?
When the demand fluctuation increased, we could see that the stockouts also increased tremendously (2015). This indicates that having accurate demand forecasting is what we have to pay attention to so that the production is set and met appropriately.








Constraints



 

HHt

Lt

Wt

Ot

It

St

Ct

Pt








PPeriod

#Hired

# Laid off

# Workforce

Overtime

Inventory

Stockout

Subcontract

Production

Demand

Price


Workforce

Capacity

Inventory

Over time

0

0

0

80

0

1,000

0

0

 

 

 


 

 

 

 

1

0

23

57

0

1,667

0

0

2,267

1600

40


0

0

0

567

2

0

0

57

0

933

0

0

2,267

3000

40


0

0

0

567

3

0

0

57

0

0

0

0

2,267

3200

40


0

0

0

567

4

0

0

57

0

0

67

1,467

2,267

3800

40


0

0

0

567

5

0

0

57

0

0

0

0

2,267

2200
<...

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