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Review the following case: FoldRite Furniture Company: Planning to Meet a Surge in Demand (2010) by Afarin Bellisario, & Steven C. Wheelwright. What are the
Review the following case: FoldRite Furniture Company: Planning to Meet a Surge in Demand (2010) by Afarin Bellisario, & Steven C. Wheelwright.
- What are the key issues and variables that influence predicting a surge in demand?
- Consider the benefits and risks of building inventory in advance of the expected surge.
- Explore the possibility of increasing capacity temporarily along with increased costs of factors such as overtime, subcontracting, outsourcing, added labor costs, and unplanned wear and tear on equipment.
- What is the possibility with current time constraints to redesigning the product to increase capacity?
- Given your overall analysis of the case, the above items, and other options you might identify, what are your final recommendations and expected outcomes to production and profitability?
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