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Thursday, November 28, 2013

Nichols Cookie Company

Nichols Company Case Study Introduction Nichols Company soon has 355 full-time employees who are responsible in manufacturing the three aboriginal products: A, B, and C. With the demand of the products, the presidency is an emerge with having enough finished products in parentage. In the beside couple paragraphs, I will summarize the character domain along with determining which of the four primary calculateing techniques is the slash choice for the company and justifying my selection. In addition, I will exempt the impact of aggregate planning on workforce size memorial quantity and take levels for the company and moreover, weigh the respective(a) apostrophize factors associated with carrying inventory. Furthermore, I will explain how the concepts discussed in the case butt be applied to my workplace, and make recommendations for the organization base on my experience and reading. Summary Joe Williams, president of Nichols Company, is having a frustra ting issue with the inventory levels. With the inventory levels being high, the stock outs continue to kick the bucket; resulting in new-fashioned deliveries, complaints and cancellations. Williams cal guide a meeting with Barney Thompson, director of selling, Allison Bright of production and inventory control, Trevor Hanson of purchase, and Margaret Wu of accounting to resolve the issue.
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At the meeting, Bright mentioned that the marketing forecast were leading to unnecessary cost of overtime. Moreover, Bright required purchasing in bulk to meet the cost constraints. However, Barney Thompson complained that the delays in actors line and the lack of finished goods in inventory led to c ancellation of orders and rase sales. Marga! ret Wu stressed the need to keep inventory levels first gear repayable to the higher costs of higher levels. Lastly, Wu stated, we cant afford the retentiveness costs, not to mention how fast technology changes around here causing even more inventory, much of it obsolete (Chase, R. and... If you indigence to motor a full essay, order it on our website: OrderEssay.net

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