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Production Planning

Production Planning. Speculative Production Capacity. Reactive Production Capacity. Retail Selling. Initial Forecast. Las Vegas Orders. November. March. September. Criteria for Ordering Less Risky Styles in November. Order styles with the lowest uncertainty (standard deviation)

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Production Planning

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  1. Production Planning Speculative Production Capacity Reactive Production Capacity Retail Selling Initial Forecast Las Vegas Orders November March September

  2. Criteria for Ordering Less Risky Styles in November • Order styles with the lowest uncertainty (standard deviation) • Order styles with the highest demand (mean) • Order styles with the lowest price (wholesale) • Order styles with demand that is more than twice the minimum production quantity

  3. First Period Production Quantity

  4. Reduce Constraints • REDUCE MINIMUM LOT-SIZE CONSTRAINTS • Lean manufacturing • More efficient cutting equipment (for smaller lots) • Invest in worker cross-training • INCREASING REACTIVE CAPACITY • Longer work force hours during peak season • Use more subcontractor capacity during peak season • Increase total Alpine capacity • Reduce manufacturing and raw material lead-times • Use common components, e.g., zippers, rings • Invite most representative retailers for January “Early-Write”

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