10. Production Planning and Inventory Management Explain how is the company planning (which kind

Question: 10. Production Planning and Inventory Management Explain how is the company planning (which kind of plans company makes and what is the time horizon of each of those plans, what inputs are used for aggregate or production/service delivery plans, how do they assure production plan meets the expected demand?) Identify types of inventory company holds. Usewrite about Nike production planning and inventory management

Show transcribed image textNike’s supply chain approach intently emphasizes using a couple of sourcing partners. As a result, Nike is generally seeking out new and additional green manufacturing webweb webweb sites throughout the world. In this shopping for process, Nike is lo…View the full answerTranscribed image text: 10. Production Planning and Inventory Management Explain how is the company planning (which kind of plans company makes and what is the time horizon of each of those plans, what inputs are used for aggregate or production/service delivery plans, how do they assure production plan meets the expected demand?) Identify types of inventory company holds. Use transformational model in chapter 1 and forecasted demand in chapter 3 to develop aggregate plan for next year. For each input in the aggregate plan calculate economic order quantity, length of ordering cycle and show calculations. Analyze results of calculations you made against quantities the company orders.