Significant error in legoland forecast

Assignment Help Operation Management
Reference no: EM132328391

Study the Week 3 Virtual Company Tours.

Answer the following questions in short answer or list format. Each answer must be at least 300 words.

Why is forecasting important to the Legoland® California Resort?

What are the forecasting techniques that Legoland® might find helpful when forecasting and why?

What events might occur that could produce a significant error in Legoland's® forecast on any particular day?

Based on your assessment of all of the rides, attractions, and restaurants, provide a rough estimate for the number of guests that the park can accommodate at any given time. Then provide a rough estimate of the number of employees needed in the park on a busy day. How many employees would be needed on a day with light attendance?

Format any resources used consistent with APA guidelines.

Reference no: EM132328391

Questions Cloud

Charismatic and transformational theories of leadership : What are charismatic and transformational theories of leadership?
Competent person for many different operations : In your opinion is it best practice to make the worksite safety professional that designated person why or why not?
Competency standards for public health practice : PUBH620 Biostatistics Assessment Task - Practice Reflection, Australian Catholic University, Australia. Competency standards for public health practice
Discuss the relationship among creativity : Discuss the relationship among creativity, innovation, problem assessment, and problem solving. How do leaders best determine where their focus should be?
Significant error in legoland forecast : What events might occur that could produce significant error in Legoland's® forecast on any particular day? Why is forecasting important to Legoland California.
Organization ethics program : What specific items should be included in an organization's ethics program?
How this phenomenon still exist : Gender inequity still exist in the workplace, How this phenomenon still exist, how it is relates to the leaders?
How this phenomenon relates to the leaders : Gender inequity still exist in the workplace, How this phenomenon relates to the leaders?
Thinking through the implications of a leader decision : Thinking through the implications of a leader's decision, compare and contrast an example of a leader demanding the higher standard

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd