ANALYTICS EXERCISE: FORECASTING SUPPLY CHAIN DEMAND—STARBUCKS CORPORATION (LO3–2) As we discussed at the beginning of the chapter, Starbucks has a large, global supply chain that must efficiently supply over 17,000 stores. Although the stores might appear to be very similar, they are actually very different. Depending on the location of the store, its size, and the profile of the customers served, Starbucks management configures the store offerings to take maximum advantage of the space available and customer preferences. Starbucks' actual distribution system is much more complex, but for the purpose of our exercise let's focus on a single item that is currently distributed through five distribution centers in the United States. Our item is a logo-branded coffeemaker that is sold at some of the larger retail stores. The coffeemaker has been a steady seller over the years due to its reliability and rugged construction. Starbucks does not consider this a seasonal product, but there is some variability in demand. Demand for the product over the past 13 weeks is shown in the following table. The demand at the distribution centers (DCs) varies between about 40 units on average per week in Atlanta and 48 units in Dallas. The current quarter's data are pretty close to the demand shown in the table. Management would like you to experiment with some forecasting models to determine what should be used in a new system to be implemented. The new system is programmed to use one of two forecasting models: simple moving average or exponential smoothing. Page 90 WEEK 1 2 3 4 5 6 7 8 9 10 11 12 13 AVERAGE Atlanta 33 45 37 38 55 30 18 58 47 37 23 55 40 40 Boston 26 35 41 40 46 48 55 18 62 44 30 45 50 42 Chicago 44 34 22 55 48 72 62 28 27 95 35 45 47 47 Dallas 27 42 35 40 51 64 70 65 55 43 38 47 42 48 LA 32 43 54 40 46 74 40 35 45 38 48 56 50 46 Total 162 199 189 213 246 288 245 204 236 257 174 248 229 222 1. Consider using a simple moving average model. Experiment with models using five weeks' and three weeks' past data. The past data in each region are given below (week -1 is the week before week 1 in the table, -2 is two weeks before week 1, etc.). Evaluate the forecasts that would have been made over the 13 weeks using the overall (at the end of the 13 weeks) mean absolute deviation, mean absolute percent error, and tracking signal as criteria. WEEK -5 -4 -3 -2 -1 Atlanta 45 38 30 58 37 Boston 62 18 48 40 35 Chicago 62 22 72 44 48 Dallas 42 35 40 64 43 LA 43 40 54 46 35 Total 254 153 244 252 198 2. Next, consider using a simple exponential smoothing model. In your analysis, test two alpha values, 0.2 and 0.4. Use the same criteria for evaluating the model as in question 1. When using an alpha value of 0.2, assume that the forecast for week 1 is the past three-week average (the average demand for periods -3, -2, and -1). For the model using an alpha of 0.4, assume that the forecast for week 1 is the past five-week average. 3. Starbucks is considering simplifying the supply chain for their coffeemaker. Instead of stocking the coffeemaker in all five distribution centers, they are considering only supplying it from a single location. Evaluate this option by analyzing how accurate the forecast would be based on the demand aggregated across all regions. Use the model that you think is best from your analysis of questions 1 and 2. Evaluate your new forecast using mean absolute deviation, mean absolute percent error, and the tracking signal. 4. What are the advantages and disadvantages of aggregating demand from a forecasting view? Are there other things that should be considered when going from multiple DCs to a DC?

To retake the Walmart assessment, you must wait six months. Candidates who don't pass a Walmart exam have six months from the date of the failed test to retake it.

To learn more about Walmart  refer,

https://brainly.com/question/27744358

#SPJ4

IaaS eliminates the cost of configuring and managing a physical datacenter, which makes it a cost-effective choice for migrating to the cloud. The pay-as-you-go subscription models used by IaaS providers help you reduce hardware costs and maintenance and enable your IT team to focus on core business.

A unique piece of system software known as the BIOS, or basic input/output system, communicates with all of the PC's primary hardware and the operating system. Additionally, it is often kept on a flash memory chip that is located on the motherboard, however occasionally the chip may take the form of a ROM. The BIOS also performs several crucial tasks when we power on the machine. Furthermore, it is not a piece of hardware-specific software. A system software, that is. A unique piece of system software known as the BIOS, or basic input/output system, communicates with all of the PC's primary hardware and the operating system. And it is often kept in the flash memory chip that is located on the motherboard, though occasionally.

Learn more about hardware here:

https://brainly.com/question/15232088

#SPJ4

Profit is the term used to describe the monetary gain experienced when the revenue from a commercial activity outpaces the costs, costs, and taxes incurred to maintain the activity in question.

A profit is the sum of money you make from a certain good or service; it is established by deducting costs from sales and establishing the profit margin. A crucial first step in developing sales strategy and capturing your consumers' interest is to evaluate how profitable your goods and services are.

Profitability may be boosted by focusing on four main areas. Cost-cutting, increased turnover, productivity gains, and efficiency gains are among them. Aside from that, you can create brand-new goods or services or grow into new market segments.

To know more about Profit visit:

https://brainly.com/question/15036999

#SPJ4

cost-plus pricing occurs when a markup percentage is added to the cost of a job.

Markup pricing is another term for cost-plus pricing. It is a pricing method in which a fixed percentage is added to the cost of producing one unit of a product (unit cost). The resulting number is the product's selling price. When building and design plans are still fluid and time is of the essence in getting a project started, a cost-plus agreement is a good option. You can determine a selling price for a product that yields your desired profit margin by adding a simple markup to your total costs. While the cost-plus method has some disadvantages, a little market research will reveal whether it is the best pricing strategy for you.

Learn more about cost-plus pricing here:

https://brainly.com/question/29509908

#SPJ4

You can withdraw contributions you made to your Roth IRA anytime, tax- and penalty-free.

An character retirement account (IRA) is an account used to store for retirement. A Roth IRA is a special sort of tax-advantaged person retirement account to which you may make contributions after-tax bucks. The primary advantage of a Roth IRA is that your contributions and the income on the ones contributions can develop tax-loose and be withdrawn tax-free after the age 59½ assuming the account has been open for as a minimum 5 years. In different words, you pay taxes on money going into your Roth IRA, after which all future withdrawals are tax-unfastened.

Roth IRAs are much like conventional IRAs, with the most important distinction being how the 2 are taxed. Roth IRAs are funded with after-tax greenbacks—which means that the contributions aren't tax-deductible, however after you start taking flight price range, the money is tax-loose.

To learn more about Roth IRA visit here:

brainly.com/question/14936548

#SPJ4

Examples of opportunities are

Get help on projects.

Propose working groups.

Get testers for new ideas or products.

Create a team to work on an idea you have.

Opportunities refer to favorable external elements that could supply an agency a competitive advantage. For example, if a country cuts tariffs, a car producer can export its cars into a new market, increasing income and market share.

SWOT Analysis helps you to perceive your organization's Strengths, Weaknesses, Opportunities, and Threats. It courses you to construct on what you do well, tackle what you are lacking, catch new openings, and minimize risks. Apply a SWOT Analysis to verify your organization's function before you decide on any new strategy.

The WOTC promotes the hiring of men and women who qualify as individuals of goal groups, by means of presenting a federal tax deposit incentive of up to $9,600 for employers who rent them

Learn more about opportunities here:

When the interests of firms and workers are not identical, it gives rise to the principal-agent problem.

A corporation, sometimes known as a "co.," is a type of legal body that stands in for a collection of people who are either natural or legal persons or a combination of both. To accomplish definite objectives, the company's members collaborate towards a single aim.

A corporation can be created as a legal body in order to restrict the company's responsibility when members fulfil or fail to fulfil their responsibilities under the incorporation or public disclosure policy. After a company has closed, it could be essential to liquidate it in order to settle any lingering obligations.

The above question is incomplete, the complete question is-

When the interests of firms and workers are not identical, it gives rise to ______.

Multiple choice question.

geographic immobility

the stockholder problem

discrimination

the principal-agent problem

To know more about Firms here-

https://brainly.com/question/29482295

#SPJ4

A checking account with $500 is more liquid than a person's new car.

A trading account is a deposit account held at a bank or other financial institution. It is also known as a checking account, checking account, checking account, demand deposit account or shared project account in credit unions.

It can be consulted frequently and immediately by the account holder, as well as by others the account holder may designate. It is available to account owners "on demand". Various methods of access are available, including cash withdrawals, debit cards, checks and wire transfers. Money in a trading account is considered cash from an economic point of view. They are treated as cash for accounting purposes.

To know more about Checking account here-

https://brainly.com/question/11610905

#SPJ4

d. After the monthly premium for Kevin's renters insurance Kevin pays $500 // insurance company pays $1700

Many people do not know about renters insurance. It is only a temporary arrangement until you purchase your own house or are forced to move for any other reason. Your initial thought is whether it is genuinely important and worthwhile of your time and effort. You might even think that since your landlord insures his property anyhow, you shouldn't be responsible for this additional cost.

Renters insurance is a form of insurance that covers your possessions, your dwelling, and you, much like house insurance does. In most cases, it also includes extra insurances like medical protection for visitors and family liability insurance.

To learn more about renters insurance refer here:

https://brainly.com/question/28772398

#SPJ4

The voluntary actions that go above and beyond the formal employment requirements are known as citizenship behaviors. The correct answer is option (c).

Organizational citizenship is a person's voluntary commitment inside a firm or organization that is separate from their contractual obligations, according to industrial and organizational psychology. All the helpful and productive employee actions and behaviors that don't directly relate to their formal job descriptions are collectively referred to as "organizational citizenship behavior" (OCB).

This investigation looked at how motivations affect organizational citizenship behavior. (OCB). Through factor analysis, the three motives of prosocial ideals, organizational concerns, and impression management were discovered. Conducting more independent actions is a part of organizational citizenship behaviors.

To know more about Citizenship, visit:

https://brainly.com/question/551405

#SPJ4

In a limited partnership, the option that have no part in the management of the business is limited partners. The Option A is correct.

A limited partnership means a business entity that have at least one general partner (who has unlimited personal liability) and one limited partner (whose liability is limited to their investment in the company).

In this case, the general partners are mainly responsible for managing the business and making business decisions to achieve the stated business goals while the limited partners also sometimes called silent partners, are responsible only for investing in the business, not running it.

Therefore, the limited partnership only exists when two or more partners go into business together but the limited partners are only liable up to the amount of their investment.

Read more about limited partnership

brainly.com/question/13032294

#SPJ1

Employers are required under the HCS to set up a training and education programme for every employee who regularly works with hazardous chemicals. When a new danger is added and at the time of the initial assignment, this training is required.

The standard is performance-oriented; it specifies the outcomes but does not impose any particular techniques. The following subjects must be extensively addressed, at the very least:

• The Health Communication Standard (HCS): Employees must be made aware of the HCS's existence, requirements, and benefits.

• Terminology: It must make sense.

• The availability and content of MSDSs.

• Labels.

• The HCS programme in writing.

• The particular chemicals each employee uses.

• The proper personal protection gear.

• First aid and crisis management techniques.

Learn more about hazardous chemicals  at

https://brainly.com/question/8320293?referrer=searchResults

#SPJ4

Effective marketing strategies rarely feature goals that purposefully raise expectations.

Marketing is the process of discovering, creating and creating value to meet the needs of a target market for goods and services; may include the selection of the target audience; selection of certain attributes or themes to be featured in the ad; operate advertising campaigns; participate in trade shows and public events; product design, attractive packaging for shoppers.

Sale is defined as as pricing, discounts, warranty and return policies; putting products on the media or with people who can influence the buying habits of others; agreements with retailers, wholesale distributors or agents; and try to create awareness, loyalty and positive emotions towards a brand.

To know more about Marketing here-

https://brainly.com/question/13414268

#SPJ4

Yes, depression happen after a recession. Recession is a phrase used to describe a slowdown in economic activity in general.

Recession is a phrase used to describe a slowdown in economic activity in general. After two consecutive quarters of negative GDP growth rates, recessions are formally acknowledged in macroeconomics. A panel of specialists from the National Bureau of Economic Research in the United States makes the determination (NBER).

Recessions are viewed as a natural occurrence in the expansion and contraction of the business and economic cycles. At its lowest position, an economy begins to grow; once it reaches its highest point, it begins to contract (highest point). A depression develops eventually after a protracted, severe recession. The Great Depression of the early 1900s was a multi-year period marked by a GDP decline of more than 10% and a high in unemployment rates of 25%.

Learn more about recession here

brainly.com/question/14737261

#SPJ4

An authorized uses of the Governmentwide Commercial Purchase Card includes:

In finance, Purchasing Card (PCard) is a type of Commercial Card that enables businesses to use existing credit card infrastructure to make business-to-business (B2B) electronic payments for a variety of business expenses (goods and services).

The Government-wide Commercial Purchase Card is a card which serve as convenient way to spend money on goods and services. It functions similarly to a commercial credit card and is only issued to authorized agency personnel. The card is not the same as the Government Travel Card.

When the people agrees to accept payment by card, it is used to make micro-purchases, place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement), or make payments.

Read more about Purchasing Card

brainly.com/question/1565821

#SPJ1

You want to track investment in inventory. recently, your company had $96 invested in inventory, and total assets of $1866.  5.14 percentage of its assets it have invested in inventory.

What is investment?

Making an investment entails using money now in the hopes that it will appreciate later. An investment is putting capital to use, such as time, money, effort, etc., with the hope of receiving a larger return than what was initially invested.

Why is investing crucial?

Investing is a successful approach to use your money and possibly increase your fortune. Your money may grow in value and outpace inflation if you make wise investment decisions. The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential.

To know more about investment, click here- brainly.com/question/27717275

#SPJ4

Its true that the focus of concern regarding rising healthcare costs should be on the absolute size of spending in the health care sector.

To be effective a consumer-engagement strategy must help consumers to choose providers based on information about their ability to deliver effective care.

The health is a state or condition of complete physical, mental, and social well-being and not only the absence of disease or infirmity. The health can also be defined as the ability of a body to adapt to new threats and infirmities.

Nowadays the lifestyle of a person is changing everyone wants to have more growth and success in life. So with physical health the focus should also be given the mental health which refers to a person’s emotional, social, and psychological well-being.

Learn more about health here:

https://brainly.com/question/8411886

#SPJ4

The closing entry for revenues and expenses is given as below.

What are revenues and expenses?

Revenue is defined as income gained through the sale of a company's principal goods or services. An expenditure is a cost incurred when producing or providing a main company function.

Date                  General Journal              Debit                       Credit

Dec-31               Sales revenue               $49,230.00

                         Service revenue            $380.00

                         Salaries and                                                    $23,200.00

                         wages expense                        

                         Depreciation expense                                   $2,100.00

                         Utilities expense                                            $5,020.00

                         Insurance expenses                                       $2,200.00

                         Rent expense                                                  $6,800.00

                         Income tax expense                                        $3,700.00

                         Retained earnings                                           $6,590.00

Dec-31             Retained earnings           $380.00

                      To Dividends                                                         $380.00

All costs will be credited with their current balance to closure expense. Therefore, A debit in the balance will close out revenues.

Learn more about revenues here:

https://brainly.com/question/8645356

#SPJ4

The management of supply chain inventories focuses on:   Both internal and external inventories. Option B

Generally, Supply chain inventory management involves managing inventories of materials, products, and finished goods in the supply chain.

This includes managing both internal inventories, which are held by a company's own warehouses or distribution centers, as well as external inventories, which are held by suppliers or at other points in the supply chain.

Optimizing reorder points and safety stock elimination are also important considerations in supply chain inventory management.

Read more about supply chain inventories

https://brainly.com/question/14179592

#SPJ1

Accenture helps businesses implement a range of best practices and technologies to ensure their data is trustworthy and reliable are data government, data security, data visualization, business intellegence, could computing.

One business idea would be to start a content creation service for businesses. This would involve writing or creating content such as blog posts, articles, web copy, press releases, e-books, and other material. It would also include editing and proofreading.

• Data governance: Establishing clear roles and responsibilities for data management.

• Data security: Implementing robust security measures to protect data from unauthorized access.

• Data visualization: Utilizing data visualization tools to better understand and interpret data.

• Business intelligence: Using analytics and machine learning to uncover insights from large datasets.

• Cloud computing: Leveraging cloud-based solutions to maximize scalability and cost-efficiency.

To learn more about business
https://brainly.com/question/24553900
#SPJ4

Integrated marketing communications include all (advertising, public relations) of the following except supply chain management.

The practise of combining marketing communication components, such as public relations, social media, audience analytics, business growth concepts, and advertising, into a brand identity that is constant across various media channels is known as integrated marketing communication (IMC). It enables both public and private organisations and corporations to provide an enjoyable and smooth customer experience.

People with experience in integrated marketing communications may look for work throughout the marketing and communications sectors, in professions including journalism, market research and consultancy, public relations, non-profit and government, entertainment, television and radio, and other related businesses.

Know more about Integrated marketing communications here

https://brainly.com/question/14691440

#SPJ4

The term "corporate tax," sometimes known as "corporation tax" or "business tax," refers to a type of direct tax levied against the profits or assets of corporations or other similar legal entities. These taxes are common in many nations, and they might also be levied at the state or local levels.

To learn more about corporate tax, refer to:

https://brainly.com/question/24782858

#SPJ4

A Group is five or more Canadian citizens or permanent residents who have arranged to sponsor a refugee living abroad to come to Canada.

It depends on who the five people you're describing are. A gang is five people who are about to mug you. If there are five people, one working and four watching, they are either a construction crew or government employees. (Just kidding) If there are five people singing, they are referred to as a band or, more specifically, a quintet.

The G-5 grouping overlaps with the more well-known BRIC grouping of Brazil, Russia, India, and China, which has surpassed the G-5 in prominence.

The G-5 website is no longer accessible, but an archived version states that the group "plays an active role in the transformation of the international landscape with the goal of promoting dialogue and understanding between nations."

To learn more about group of Five refer to:

https://brainly.com/question/5684152

#SPJ4

In order to increase commerce, remove obstacles, and lower taxes on imports and exports between Canada, the United States, and Mexico, NAFTA came into effect in 1994.

Increased commerce, economic output, foreign investment, and lower consumer costs were some benefits of NAFTA. When domestic firms moved to Mexico, where wages are cheaper, American jobs were lost, and wages in American manufacturing facilities were also lowered.

Simply put, NAFTA reduced or eliminated import and export duties between the three participating countries, resulting in the creation of a sizable free-trade zone (the U.S, Mexico, and Canada). Overall, commerce between the three nations increased, and real per-capita GDP also improved marginally.

To know more about NAFTA improve visit:-

https://brainly.com/question/12027606

#SPJ4

The music video website Vevo is supported by Advertising.

Advertising can be a source of revenue for businesses that sell advertising space or time on their platforms, such as websites, television or radio stations, or print publications. Advertising revenue is typically recognized when the ad is displayed or broadcast and is usually recorded as a separate line item on the income statement. In general, advertising is a promotional activity that is intended to attract attention to a product, service, or brand.

The largest network of music channels is maintained by Vevo, which also distributes content through an increasing number of other international partners. The advertisers of the company use various media, such as print, broadcast, digital, or social, to reach their target audience. Advertising is an important part of a company's marketing and sales strategy, as it helps to raise awareness of the company's products or services and can help generate sales leads.

Read more about Advertising on:

https://brainly.com/question/24967768

#SPJ4

A decrease in consumption growth will cause the real GDP growth to decrease

Consumption is the act of using up goods or services by institutional units. Consumption is an important component of the gross domestic product (GDP)

Consumption falls from one period to the next when the consumption growth rate falls.

A decrease in aggregate demand will shift the aggregate demand curve leftward, and a decrease in aggregate demand will shift the aggregate demand curve rightward. This lowers the price level and real GDP.

If consumption growth slows, aggregate demand will fall in the short term.

Consumption would be reduced if the marginal propensity to consume decreased or the savings rate increased.

By all this, we can say that A decrease in consumption growth will cause

the real growth in GDP to decrease

To know more about Consumption here

https://brainly.com/question/14933604

#SPJ4

To make Product Backlog transparent, the Product Owner works with stakeholders and the crew for an understanding of the value and estimate of the work and then orders the Backlog for maximizing its value.

The enterprise value for the PBIs in the Product Backlog, that helps with Product Backlog prioritization.

A product backlog to be transparent, it should lists all features, functions, requirements, enhancements and fixes that represent the changes to be made to the product in future releases and to make them transparent, they have to be visible and accessible to each person on the scrum team.

Learn more about Backlog transparent here:

The country that has the comparative advantage in the production of consumer goods is X

This is because X makes use of less hours in the production of the consumer goods compared to Y

The country with the absolute advantage is Y

For country X we have one hour consumer goods / two hours capital goods = 0.5

For country y we have 2 hours consumer goods / 3 hours capital goods = 0.67

Hence country y has the comparative advantage in the production of consumer goods

A producer has an absolute advantage over its rivals when it can create a good or service in a higher volume for the same price, or in the same volume at a cheaper price.

Take a look at the larger of the statistics for each product to determine absolute advantage.

Read more on absolute advantage here: https://brainly.com/question/12165146

#SPJ1

The pension liabilities are relationships between interest expense and recorded liabilities future liabilities

To learn more about pension liabilities refer to:

https://brainly.com/question/28059685

#SPJ4

Over the past several decades, the difference between the labor-force participation rates of men and women in the U.S. has gradually decreased.

To learn more about labor force participation rate refer,

https://brainly.com/question/24939447

#SPJ4