Assess the history and trends of operations management, focusing on the business or company from your business plan. Provide rationale for the selection of your business development opportunity. Detail initial estimates of demand based on your forecasts and justify your selection of forecasting methods. You need to come up with a very rough estimate of what your business demand will be for the next six months. A simple table with Jan-Jun data points will get you started here.
Determine site location(s) and provide specific quantitative rationale for your selection. In addressing the grading elements, be sure to display your knowledge from the course readings. So, if you talk about location of your new venture, and an MRP/ERP process to support it, then you’re heading in the right direction. This information can go in the Business Operations and/or Key Trends sections of the paper.
