HP Shrewd Printer has a worldwise initiative position. The present worldwide market size of HP shrewd printers: Inkjet printer 39.8%, Laser printer 43.3%, Ale design plan 50.2%, enormous arrangement production 23.7%; and computerised press name in addition to bundling item 46.3%. Development and progress in essential regions more prominent than 10% (Press HP, 2020).
Following the market estimation and other decisions made in Part I, provide a detailed answer and justification to each of the following questions:
1. What considerations in terms of planning and control (time horizon, planning policy, market requirements, activity scheduling and expediting) are relevant for the product or service?
2. What elections in terms of inventory management (centralization level, classification, models and implementation) do you consider most appropriate for the product or service?
3. What considerations in terms of capacity management (measure demand; measure capacity; reconcile demand and capacity, and evaluate alternatives) do you consider relevant given your product or service?
4. What future capital and technology investments in production infrastructure for business growth and development are relevant to your chosen product or service?
Reading:
James, T. (2011). Operations Strategy.
Chapter 11
Calloni, G., de Montgros, X., Slagmulder, R., Van Wassenhove, L., Wright, L. (2005). Inventory-Driven Costs. Harvard Business Review. Retrieved from: https://hbr.org/2005/03/inventory-driven-costs