What does forecast represent for Kibby and Strand? What do they currently purchase for their forecasts? What could they use for their forecast? What will we use, linear regression? Will they use Qualitative approach too

Operations Management

The CONOPS creation for clothing manufacturer Kibby and Strand

Add a forecasting plan to the concept of operations created in Unit 1. The plan must include: 1) data items to be collected, and how they are used in forecasting work for Kibby and Strand; 2) the statistics required to analyze the data; and 3) a list of charts and graphs needed to brief leadership on forecasting future work and workload. The team needs to justify why each chart and graph is required.

Kibby and Strand’s workload is based on new contracts the company solicits. Add a production selection plan to the concept of operations created in Unit 1 that an operations manager can use in deciding the order in which contracts should be placed in the production process.

Should include the following:

Product Selection and Production Plan
-Product Selection
Define out what product selection requires, how departments align on with the products while working with the companies objectives. What do they need to consider for the approach for the production selection?
-Production Plan
What would some of the various methods K & S would consider when defining out the production plan? Like Due date, critical ration, processing time, etc. Which one did they choose?

Forecasting Plan

What does forecast represent for Kibby and Strand? What do they currently purchase for their forecasts? What could they use for their forecast? What will we use, linear regression? Will they use Qualitative approach too?

-Industry Forecast
This is where we need a linear regression graph to determine potential growth. Why did we use this? What about the qualitative research? What would they show?