- Microeconomics
Sport Obermeyer Case Study
Related documents.
Add this document to collection(s)
You can add this document to your study collection(s)
Add this document to saved
You can add this document to your saved list
Suggest us how to improve StudyLib
(For complaints, use another form )
Input it if you want to receive answer
- Order Status
- Testimonials
- What Makes Us Different
SPORT OBERMEYER CASE Harvard Case Solution & Analysis
Home >> Harvard Case Study Analysis Solutions >> SPORT OBERMEYER CASE
SPORT OBERMEYER Case Study Solutuion
Problem Diagnosis
This case described the operations at the merchandising and Skiwear Company and for its supply partner. It allows for the production planning of the short life cycle products with the uncertain demand in the market. This case also allows us to analyze the reduced version of the production-planning problem of the company. The main concern of Wally Obermeyer was to determine an appropriate production commitment for the first half of the projected demand of Obermeyer during the 1993-1994 seasons.
Along with this, Wally also had to make a complete production decision by deciding that which styles should be made in Hong Kong and which styles would be better to be made in China. In addition, the material flows and the information provided in the case will also guide us to make recommendations to the company regarding the operational improvements and the decision of the sourcing of the products between China and Hong Kong.
Case Analysis
The main analysis needs to be performed on the forecast methods of the company to detect the inaccurate forecast mechanisms and then the after effects need to be analyzed such as the excess merchandise had to be sold at deep discounts and the company might not be able to sell the most popular items during the full season and thus it would result in huge losses for the company. Therefore, we first need to determine the production plan for Sport Obermeyer during the initial phase of production, measure the risk of ordering policy and implement ordering policy in China to make reasonable comparison and recommendations.
Using the sample data given in Table 2-20, make a recommendation for how many units of each style Wally should make during the initial phase of production. Assume that all of the 10 styles in the sample problem are made in Hong Kong and that Wally’s initial production commitment must be at least 10,000 units. Ignore price differences among styles in your initial analysis.
The average forecast value and the standard deviation of the different styles of the Parkas of Women have been provided in Table 2-20. The above question asks us to compute the economic order quantity for each of the individual type of the parkas. Economic order quantity is the optimum order quantity, which is required to be held at a minimum by a company so that it could reduce its inventory costs to a minimum level. This quantity model would target the variable costs and determine the optimum quantity for us at which the total variable cost would be minimized for the company’s production. However, in this case the EOQ for the company would be the production order quantity for each individual type of the Parka, given that the total of all of these EOQs should be 10,000 units.
For computing the EOQ, we need to find out the corresponding service level for the sample provided. This ratio has been found by the difference of retail price and cost divided by the difference of cost and salvage value of a unit if not sold. These computations are shown in the excel spreadsheet and in the appendices in exhibit 1. The service level has been calculated to be 0.75 or 75%. Based on this service level, the z value has been determined from the z table, which is 0.645. The formula which we have used here to compute the EOQ is mean+ (z-value*SD). Using this formula, the individual EOQs have been computed and the total EOQ for the fore casted sample of 20,000 units. The price differences between different styles have been ignored for this calculation.
Can you come up with a measure of risk associated with your ordering policy? This measure should be quantifiable.
One of the best measures of the risk associated with the ordering policy in this case would be Coefficient of Variation (CV). CV is the ratio of the standard deviation to the expected mean. It shows us the volatility and the variation in the data per unit of mean. However, in the context of this case the CV would be defined as the volatility of each of the types of different styles of Parkas per unit of that style. It would determine the variability of the demand or the ordering policy risk. The higher the volatility, the more certain and accurate the company would have to be to determine the demand for the coming seasons of 1993-1994.
The case states that around 80% of the retailers of the company would be placing their orders in the second phase of the Las Vegas trade show. The CV has been computed for all the different parkas as shown in exhibit 2 and we can see that Isis, Teri, Stephanie, Anita and Daphne are those styles that have the maximum volatility (risk) within their fore casted demand. Therefore, the future capacity for all of these products should be reserved by the company because they have higher degree of deviation. If the demand increases in future years, which is more likely to happen, then the company will have safety stock to meet that demand.
SPORT OBERMEYER CASE Harvard Case Solution & Analysis
Repeat your methodology and assume now that all 10 styles are made in China. What is the difference (if any) between the two initial production commitments?
The minimum production quantity for the different types of the Parkas is 1200 units in China and 600 units in Hong Kong. Therefore, to analyze the above scenario we have adjusted the EOQs for each style of the parka produced in Hong Kong for all such orders, which have a value of less than 600 units. Similarly, for the China factory the company has adjusted all the EOQ’s of each product to increase their size to minimum 1200 units. We can now see that there is a difference in the EOQ of the two countries as shown in exhibit 3 in appendices and there are a number of reasons for this difference...............
This is just a sample partial case solution. Please place the order on the website to order your own originally done case solution.
Related Case Solutions & Analyses:
Hire us for Originally Written Case Solution/ Analysis
Like us and get updates:.
Harvard Case Solutions
Search Case Solutions
- Accounting Case Solutions
- Auditing Case Studies
- Business Case Studies
- Economics Case Solutions
- Finance Case Studies Analysis
- Harvard Case Study Analysis Solutions
- Human Resource Cases
- Ivey Case Solutions
- Management Case Studies
- Marketing HBS Case Solutions
- Operations Management Case Studies
- Supply Chain Management Cases
- Taxation Case Studies
More From Harvard Case Study Analysis Solutions
- Nokia and Finland
- Ledinalushko: Navigating Health Care Delivery
- Cisco China
- Make Yourself Heard: Ericssons Global Brand Campaign
- Delta Air Lines, Inc.
- CleanSpritz
- Magellan Boat works
Contact us:
Check Order Status
How Does it Work?
Why TheCaseSolutions.com?
- NEW SOLUTION
- Top Visitors
- Popular Topics
- Newest Members
- Newest Papers
- Top Donators
| Word (s) : | 933 |
|---|---|
| Pages (s) : | 4 |
| View (s) : | 848 |
| Rank : | 0 |
- University Login
| Google+ | |
| or Login with Email | |
Recent Topics
- Financial Analysis
New Entries
- Quality Parts Company
- Lincoln Electric
- Vêtements Ltée
- Google Case Analysis
Most Recent Request
- oilwell cable comp
- research methods
- human resource sho
- toyota adopts a st
Ease your MBA workload and get more time for yourself
- Harvard Business School →
- Faculty & Research →
- October 1994 (Revised August 2006)
- HBS Case Collection
Sport Obermeyer Ltd.
- Format: Print
- | Language: English
- | Pages: 19
About The Authors
Janice H. Hammond
Ananth Raman
More from the authors.
- Faculty Research
Human-Computer Interactions in Demand Forecasting and Labor Scheduling Decisions
The impact of input inaccuracy on leveraging ai tools: evidence from algorithmic labor scheduling, the real effects of fair workweek laws on work schedules: evidence from chicago, los angeles, and philadelphia.
- Human-Computer Interactions in Demand Forecasting and Labor Scheduling Decisions By: Caleb Kwon, Ananth Raman and Jorge Tamayo
- The Impact of Input Inaccuracy on Leveraging AI Tools: Evidence from Algorithmic Labor Scheduling By: Caleb Kwon, Antonio Moreno and Ananth Raman
- The Real Effects of Fair Workweek Laws on Work Schedules: Evidence from Chicago, Los Angeles, and Philadelphia By: Caleb Kwon and Ananth Raman
Fern Fort UniversitySport obermeyer ltd. case study analysis & solution, harvard business case studies solutions - assignment help. Sport Obermeyer Ltd. is a Harvard Business (HBR) Case Study on Technology & Operations , Fern Fort University provides HBR case study assignment help for just $11. Our case solution is based on Case Study Method expertise & our global insights. Technology & Operations Case Study | Authors :: Janice H. Hammond, Ananth RamanCase study description. The case describes operations at a skiwear design and merchandising company and its supply partner. Introduces production planning for short-life-cycle products with uncertain demand and allows students to analyze a reduced version of the company's production planning problem. In addition, it provides details about information and material flows that allow students to make recommendations for operational improvements, including comparisons between sourcing products in Hong Kong and China. Forecasting, Manufacturing, Supply chainOrder a Technology & Operations case study solution now To Search More HBR Case Studies Solution Go to Fern Fort University Search Page [10 Steps] Case Study Analysis & SolutionStep 1 - reading up harvard business review fundamentals on the technology & operations. Even before you start reading a business case study just make sure that you have brushed up the Harvard Business Review (HBR) fundamentals on the Technology & Operations. Brushing up HBR fundamentals will provide a strong base for investigative reading. Often readers scan through the business case study without having a clear map in mind. This leads to unstructured learning process resulting in missed details and at worse wrong conclusions. Reading up the HBR fundamentals helps in sketching out business case study analysis and solution roadmap even before you start reading the case study. It also provides starting ideas as fundamentals often provide insight into some of the aspects that may not be covered in the business case study itself. Step 2 - Reading the Sport Obermeyer Ltd. HBR Case StudyTo write an emphatic case study analysis and provide pragmatic and actionable solutions, you must have a strong grasps of the facts and the central problem of the HBR case study. Begin slowly - underline the details and sketch out the business case study description map. In some cases you will able to find the central problem in the beginning itself while in others it may be in the end in form of questions. Business case study paragraph by paragraph mapping will help you in organizing the information correctly and provide a clear guide to go back to the case study if you need further information. My case study strategy involves -
Step 3 - Sport Obermeyer Ltd. Case Study AnalysisOnce you are comfortable with the details and objective of the business case study proceed forward to put some details into the analysis template. You can do business case study analysis by following Fern Fort University step by step instructions -
Step 4 - SWOT Analysis of Sport Obermeyer Ltd.Once you finished the case analysis, time line of the events and other critical details. Focus on the following -
Step 5 - Porter 5 Forces / Strategic Analysis of Industry Analysis Sport Obermeyer Ltd.In our live classes we often come across business managers who pinpoint one problem in the case and build a case study analysis and solution around that singular point. Business environments are often complex and require holistic solutions. You should try to understand not only the organization but also the industry which the business operates in. Porter Five Forces is a strategic analysis tool that will help you in understanding the relative powers of the key players in the business case study and what sort of pragmatic and actionable case study solution is viable in the light of given facts. Step 6 - PESTEL, PEST / STEP Analysis of Sport Obermeyer Ltd.Another way of understanding the external environment of the firm in Sport Obermeyer Ltd. is to do a PESTEL - Political, Economic, Social, Technological, Environmental & Legal analysis of the environment the firm operates in. You should make a list of factors that have significant impact on the organization and factors that drive growth in the industry. You can even identify the source of firm's competitive advantage based on PESTEL analysis and Organization's Core Competencies. Step 7 - Organizing & Prioritizing the Analysis into Sport Obermeyer Ltd. Case Study SolutionOnce you have developed multipronged approach and work out various suggestions based on the strategic tools. The next step is organizing the solution based on the requirement of the case. You can use the following strategy to organize the findings and suggestions.
Step 8 -Implementation FrameworkThe goal of the business case study is not only to identify problems and recommend solutions but also to provide a framework to implement those case study solutions. Implementation framework differentiates good case study solutions from great case study solutions. If you able to provide a detailed implementation framework then you have successfully achieved the following objectives -
Implementation framework helps in weeding out non actionable recommendations, resulting in awesome Sport Obermeyer Ltd. case study solution. Step 9 - Take a BreakOnce you finished the case study implementation framework. Take a small break, grab a cup of coffee or whatever you like, go for a walk or just shoot some hoops. Step 10 - Critically Examine Sport Obermeyer Ltd. case study solutionAfter refreshing your mind, read your case study solution critically. When we are writing case study solution we often have details on our screen as well as in our head. This leads to either missing details or poor sentence structures. Once refreshed go through the case solution again - improve sentence structures and grammar, double check the numbers provided in your analysis and question your recommendations. Be very slow with this process as rushing through it leads to missing key details. Once done it is time to hit the attach button. Previous 5 HBR Case Study Solution
Next 5 HBR Case Study Solution
Special OffersOrder custom Harvard Business Case Study Analysis & Solution. Starting just $19 Amazing Business Data Maps. Send your data or let us do the research. We make the greatest data maps. We make beautiful, dynamic charts, heatmaps, co-relation plots, 3D plots & more. Buy Professional PPT templates to impress your boss Nobody get fired for buying our Business Reports Templates. They are just awesome.
Feel free to drop us an email
 Provide details on what you need help with along with a budget and time limit. Questions are posted anonymously and can be made 100% private.  Studypool matches you to the best tutor to help you with your question. Our tutors are highly qualified and vetted.  Your matched tutor provides personalized help according to your question details. Payment is made only after you have completed your 1-on-1 session and are satisfied with your session. 
 All Subjects Mathematics Programming Health & Medical Engineering Computer Science Foreign Languages  Access over 35 million academic & study documentsSport obermeyer case study. Sign up to view the full document!  24/7 Study HelpStuck on a study question? Our verified tutors can answer all questions, from basic math to advanced rocket science !  Similar Documents working on a study question?  Studypool is powered by Microtutoring TM Copyright © 2024. Studypool Inc. Studypool is not sponsored or endorsed by any college or university. Ongoing Conversations Access over 35 million study documents through the notebank  Get on-demand Q&A study help from verified tutors  Read 1000s of rich book guides covering popular titles  Sign up with Google  Sign up with Facebook Already have an account? Login Login with Google Login with Facebook Don't have an account? Sign Up | ||||||
IMAGES
COMMENTS
Sport Obermeyer Case Study. Problems identified: Before releasing the 1993-1994 line, Sport Obermeyer used a committee that consisted of six key. managers for forecasting to make the production commitments based on their decisions. However, Wally Obermeyer, the VP of the Sport Obermeyer, changed the system this year. He asked the same six.
This case described the operations at the merchandising and Skiwear Company and for its supply partner. It allows for the production planning of the short life cycle products with the uncertain demand in the market. This case also allows us to analyze the reduced version of the production-planning problem of the company. The main concern of Wally Obermeyer was to determine an appropriate ...
Sport Obermeyer (Harvard Business Review Case Study) Winson Tom 450 subscribers Subscribed 45 8.5K views 3 years ago Supply Chain Management projects
Sport Obermeyer Case Study Problems identified : Before releasing the 1993-1994 line, Sport Obermeyer used a committee that consisted of six key managers for forecasting to make the production commitments based on their decisions. However, Wally Obermeyer, the VP of the Sport Obermeyer, changed the system this year.
Sport Obermeyer can decrease the minimum order quantities by providing incentives to its suppliers to have more flexible production lines. This increased flexibility can come from: Improved process design (e.g., a cellular production system). Improved equipment (e.g., more flexible cutting machines).
Sport Obermeyer- Case Study. DANIYAL NAVEED- 18525. pany address]The Overview:Sport Obermeyer is a f. hion skiwear manufacturer. Over the past fif. y plus years, Obermeyer hasdeveloped a moderately efficient global supply chain for the production. nd s.
Free Case Study Solution & Analysis | Caseforest.com. Summary: Sport Obermeyer's origins traced back to 1947 when Klaus Obermeyer emigrated from Germany to the United States and started teaching at the Aspen Ski School.
Sport Obermeyer. Executive Summary. Sport Obermeyer, Ltd. was founded by Klaus Obermeyer to provide U.S. skiers with the same protective and stylish clothing and equipment available in Germany. Over the years, Sport Obermeyer developed into a preeminent competitor in the U.S. skiwear market: estimated sales in 1992 were $32.8 million.
Abstract. The case describes operations at a skiwear design and merchandising company and its supply partner. Introduces production planning for short-life-cycle products with uncertain demand and allows students to analyze a reduced version of the company's production planning problem. In addition, it provides details about information and ...
Sport Obermeyer is a leading manufacturer of fashion skiwear for both adults and children. The peak retailing season is two months and demand is uncertain. As its business increased in the late 1980s, Obermeyer found that it was running into serious manufacturing constraints during the critical summer months.
Obermeyer offered a broad line of fashion ski apparel, including parkas, vests, ski suits, shells, ski pants, sweaters, turtlenecks, and accessories. Obermeyer competed by offering an excellent price/value relationship, where value was defined as both functionally and style, and targeted the middle-to high-end of the skiwear market.
Obermeyer's new collection, as usual, included great designs, but the line's eventual success hinged on the company's ability to foresee market response to various shades and hues.
Through this case study, Sport Obermeyer will identify its production plan during the initial phase, measure the risk of ordering policy, recommend an operational change, identify differences between Hong Kong and China, and lastly, look into a long- or short-term sourcing for both countries.
Custom Sport Obermeyer Ltd. Harvard Business (HBR) Case Study Analysis & Solution for $11. Technology & Operations case study assignment help, analysis, solution,& example.
View Sport Obermeyer Case Study.docx from BUSI 740 at Liberty University. Week 1 Sport Obermeyer Case Study Online School of Business Graduate Studies, Liberty University BUSI 740: Inventory
SPORT OBERMEYER CASE STUDY 2 Sport Obermeyer Case Study The following paper discusses the case study of Sport Obermeyer, a fashion skiwear company that is planning to make commitments for its 1993-1994 line of skiwear.
The discussion covers the Sport Obermeyer case study presented in Simchi-Levi, Kaminsky, and Simchi-Levi (2009). The questions will address significant concepts from the text. and elaborate their application to the case study. A brief description of the concepts will also be. provided to foster an explanation and understanding of the case study.
SPORT OBERMEYER CASE STUDY 2. Answer One. Wally has a very critical task of coming up with a conclusion of howmuch units of each. style the Sport Obermeyer company should produce. By the use of the standard deviations and the. average forecasts provided, one may be able to determine this and help the company grow.