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LOGISTICS ASSIGNMENT
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LOGISTICS ASSIGNMENT
Select one of the case studies at the end of either chapter 7 or chapter 8. After reading the case study, respond to the questions in a 3-4 page paper.
The requirements below must be met for your paper to be accepted and graded:
· Write between 750-1,000 words (approximately 3-4 pages) using Microsoft Word in APA style, see example below.
· Use font size 12 and 1” margins.
· Include cover page and reference page.
· At least 80% of your paper must be original content/writing.
· No more than 20% of your content/information may come from references.
· Use at least three references from outside the course material, one reference must be from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the three reference requirement.
· Cite all reference material (data, dates, graphs, quotes, paraphrased words, values, etc.) in the paper and list on a reference page in APA style.
CASE 7.
1Tires for You, Inc.Tires for You, Inc. (TFY), founded in 1987, is an automotive repair shop specializing in replacement tires. Located in Altoona, Pennsylvania, TFY has grown successfully over the past few years because of the addition of a new general manager, Ian Overbaugh. Since tire replacement is a major portion of TFY’s business (it also performs oil changes, small mechanical repairs, etc.), Ian was surprised at the lack of forecasts for tire consumption for the company. His senior mechanic, Skip Grenoble, told him that they usually stocked for this year what they sold last year. He readily admitted that several times throughout the season stockouts occurred and customers had to go elsewhere for tires.Although many tire replacements were for defective or destroyed tires, most tires were installed on cars whose original tires had worn out. Most often, four tires were installed at the same time. Ian was determined to get a better idea of how many tires to hold in stock during the various months of the year. Listed below is a summary of individual tire sales by month:
PERIOD TIRES USED
2014October 9,797
November 11,134
December 10,687
2015
January 9,724
February 8,786
March 9,254
April 10,691
May 9,256
June 8,700
July 10,192
August 10,751
September 9,724
October 10,193
November 11,599
December 11,130
Ian has hired you to determine the best technique for forecasting TFY demand based on the given data.
CASE QUESTIONS
1. Calculate a forecast using a simple three-month moving average.
2. Calculate a forecast using a three-period weighted moving average. Use weights of 0.60, 0.30, and 0.10 for the most recent period, the second most recent period, and the third most recent period, respectively
.3. Calculate a forecast using the exponential smoothing method. Assume the forecast for period 1 is 9,500. Use alpha = 0.40.
4. Once you have calculated the forecasts based on the above data, determine the error terms by comparing them to the actual sales for 2012 given below:
PERIOD TIRES USED
2016January 10,696
February 9,665
March 10,179
April 11,760
May 9,150
June 9,571
July 8,375
August 11,826
September 10,696
October 11,212
November 9,750
December 9,380
5. Based on the three methods used to calculate a forecast for TFY, which method produced the best forecast? Why? What measures of forecast error did you use? How could you improve upon this forecast?
Unit 6 [MT435:Operations Management]
Page 1 of 4
Assignment Details and Rubric
Unit 6 Assignment: Human Resource Management and Project Management Paper
Human Resource Management and Project Management Paper
Professional service organizations help professionals maintain their careers via continuous learning, provide social and business networking opportunities, promote leadership and mentorship within the field of the profession, and provide standardization for the profession. Additionally, the code of ethics for a professional service organization is a major component of what defines a profession.
Human Resource Management and Project Management both have well-established professional service organizations. They are as follows:
Human Resource Management Professional Service Organization
Society for Human Resource Management: http://www.shrm.org/
Project Management Professional Service Organization
Project Management Institute: http://www.pmi.org/
Additionally, Kaplan University School of Professional and Continuing Education (KU PACE) has a certificate program for Project Management, recognized by the PMI. Here is the link:
http://www.kupace.com/certificate-programs/project-management/program-information/
Unit 6 [MT435:Operations Management]
Page 2 of 4
Review these provided resources. Now, compare human resource management and project principles to those of operations management as follows:
- Human Resource Management principles compared to Operations Management principles
- Project Management principles compared to Operations Management principles
Also, close your paper with the following observations from your research:
- The importance of professional service organizations in standardizing a profession, to include their established code of ethics
Complete your work in an APA style paper including:
● APA Cover Page ● APA Content with Indented Paragraphs (3 Full Pages) ● APA Reference Page ● APA Formatted Citations (3 References Minimum)
Directions for Submitting Your Paper
Write your paper in a Microsoft Word document and save it in a location that includes your name and the title. Submit your paper to the Unit 6: Assignment Dropbox.
MT435 Unit 6 Assignment:
Human Resource Management and Project Management Paper
Unit 6 [MT435:Operations Management]
Page 3 of 4
Content (50%) 30 pts. (3 Full Pages of Content)
Points Possibl
e
Points Earned
Human Resource Management principles compared to Operations Management principles.
10
Project Management principles compared to Operations Management principles.
10
The importance of professional service organizations in standardizing a profession, to include their established code of ethics.
10
Analysis (30%) 18 pts.
Work demonstrates synthesis of concepts, research, and experience.
6
Work demonstrates the student’s ability to tie relevant information to real life applications.
6
Analysis exceeds basic comprehension to demonstrate higher order thinking.
6
Writing (20%) 12 pts.
Correct use of APA 6th edition format, all sources used to
4
Unit 6 [MT435:Operations Management]
Page 4 of 4
support the paper are referenced, 3 references minimum
Sentences are clear, concise, and direct; tone is appropriate
4
Spelling, grammar, and punctuation are correct
4
Total 60
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