Yankee Fork And Hoe Company

Essay specific features

 

Issue:

Business

 

Written by:

Janet K

 

Date added:

April 5, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 558

 

Was viewed:

7341 times

 

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Essay content:

However, Ron Adams, the marketing manager, is concerned about having enough rakes on hand for timely shipments. There is an agency problem amongst Yankee Fork and Hoe Company. They both have bias views on how the forecasts should be run. They are behind on customer demands because of Phil’s forecast philosophy...
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This equates to 150,000 per month. Phil is decreasing demand forecasts by 10% to generate a monthly final-assembly schedule. Phil is decreasing his demand forecast by 15,000 units in fear of being overstocked. However, the marketing department is requesting to Phil that they produce more units. Due to the constant decreasing actions made by Phil, the company has become backlogged to fulfill the customers’ needs...
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