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SuppliersShould a firm attempt to have fewer or more suppliers? What are the advantages and disadvantages of each approach? Your initial post should be 200-250 words.Forecasting MethodsRead Problem 6 in Chapter 6 of your textbook. Calculate and answer parts a through d. Include all calculations and spreadsheets in your post. Explain why the moving average method was used instead of another forecasting method. What might be another forecasting method that could prove to be just as useful? Your initial post should be 200-250 words.Process Selection: Product Design and CapacityHow is process selection related to product design and capacity determination? Your initial post should be 200-250 words.Monique Food Processing Company and CapacityRead Problem 6: The “Monique Food Processing Company” in Chapter 8 of your text.Monique Food Processing Company produces light snacks that can be heated in a microwave. The following steps are included in the process:StepsDescriptionCapacity (Units/Hour)1Prepare food2002Measure and place in plastic pouch1753Prepare cardboard box2004Insert pouch into box3005Shrink-wrap box200What is the system capacity, and which is the bottleneck department?How much slack (unused capacity) is available in other departments?How much system capacity can be gained by adding capacity to the bottleneck?What are the key factors that determine when to add capacity?Why would an organization want to reduce its capacity?Make and include calculations. Answer questions “a” through “e.” Your response should be 200-250 words.
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