Major HBR cases concerns on a whole industry, a whole organization or some part of organization; profitable or non-profitable organizations. To make a detailed case analysis, student should follow these steps: Case study method guide is provided to students which determine the aspects of problem needed to be considered while analyzing a case study. It is very important to have a thorough reading and understanding of guidelines provided.
It allows for the production planning of the short life cycle products with the uncertain demand in the market. This case also allows us to analyze the reduced version of the production-planning problem of the company. The main concern of Wally Obermeyer was to determine an appropriate production commitment for the first half of the projected demand of Obermeyer during the seasons.
Along with this, Wally also had to make a complete production decision by deciding that which styles should be made in Hong Kong and which styles would be better to be made in China.
In addition, the material flows and the information provided in the case will also guide us to make recommendations to the company regarding the operational improvements and the decision of the sourcing of the products between China and Hong Kong. Case Analysis The main analysis needs to be performed on the forecast methods of the company to detect the inaccurate forecast mechanisms and then the after effects need to be analyzed such as the excess merchandise had to be sold at deep discounts and the company might not be able to sell the most popular items during the full season and thus it would result in huge losses for the company.
Therefore, we first need to determine the production plan for Sport Obermeyer during the initial phase of production, measure the risk of ordering policy and implement ordering policy in China to make reasonable comparison and recommendations.
Question 1 Using the sample data given in Tablemake a recommendation for how many units of each style Wally should make during the initial phase of production. Ignore price differences among styles in your initial analysis.
The average forecast value and the standard deviation of the different styles of the Parkas of Women have been provided in Table The above question asks us to compute the economic order quantity for each of the individual type of the parkas.
Economic order quantity is the optimum order quantity, which is required to be held at a minimum by a company so that it could reduce its inventory costs to a minimum level.
However, in this case the EOQ for the company would be the production order quantity for each individual type of the Parka, given that the total of all of these EOQs should be 10, units. For computing the EOQ, we need to find out the corresponding service level for the sample provided.
This ratio has been found by the difference of retail price and cost divided by the difference of cost and salvage value of a unit if not sold. These computations are shown in the excel spreadsheet and in the appendices in exhibit 1.
The service level has been calculated to be 0. Based on this service level, the z value has been determined from the z table, which is 0. Using this formula, the individual EOQs have been computed and the total EOQ for the forecasted sample of 20, units.
The price differences between different styles have been ignored for this calculation. This measure should be quantifiable. One of the best measures of the risk associated with the ordering policy in this case would be Coefficient of Variation CV.
CV is the ratio of the standard deviation to the expected mean. It shows us the volatility and the variation in the data per unit of mean. However, in the context of this case the CV would be defined as the volatility of each of the types of different styles of Parkas per unit of that style.
It would determine the variability of the demand or the ordering policy risk. The higher the volatility, the more certain and accurate the company would have to be to determine the demand for the coming seasons of This is just a sample partial case solution.
Please place the order on the website to order your own originally done case solution.Sport Obermeyer case solution. Uploaded by sharadkumar Related Interests. Dyeing; Retail; Labour Economics; SPORT OBERMEYER LTD.
OBERSPORT LTD. ALPINE LTD. OTHER SUBCONTRACTOR Hong Kong Macau ANALYSIS Recommendation HONG KONG Short Term Sourcing CHINA/5(3). Sport Obermeyer Case Study Help, Case Study Solution & Analysis & Sport Obermeyer Case Solution Problem Diagnosis This case described the operations at the merchandising and Skiwear Companyand for its supply partner.
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|Obesity - Wikipedia||LinkedIn Theses unplanned situations resulted in a substantial amount of merchandising as well as products have been offered out at discounts and as a result resulted in loss of sales……………… Additionally, it gives comprehensive information on the flows of knowledge and resources that make it possible for students to create suggestions for operational advancements, which include comparisons amongst sourcing items in Hong Kong and China.|
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Amen. 1st Resource Solutions, LLC N Dumont Drive Marion, IN Phone: Fax: 2 C's Freight Broker LLC Finnie Flat Rd E Camp Verde, AZ There were two main driving issues behind our analysis of this Sport Obermeyer case: the measurement and understanding of demand from uncertain and.
Sport Obermeyer Case Solution, Sport Obermeyer Case Solution To hedge against these unplanned events: The company should take reasonable steps in order to improve the forecast accuracy a.