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Yankee Fork and Hoe Company
Background
Yankee Fork and Hoe Company is a leading producer of garden tools. The situation is that long time customers are experiencing frequent late shipments because of manufacturing issues which cannot fulfill customer demand. Phil Stanton, is in charge of inventory and is concerned about high costs and keeping the inventory low. However, Ron Adams, the marketing manager, is concerned about having enough rakes on hand for timely shipments. There is an agency problem amongst Yankee Fork and Hoe Company. They both have bias views on how the forecasts should be run. They are behind on customer demands because of Phil’s forecast philosophy.
Diagnostic Analysis
The bow machines for Yankee Fork and Hoe Company can only produce 5,000 bows a day. This equates to 150,000 per month. Phil is decreasing demand forecasts by 10% to generate a monthly final-assembly schedule. Phil is decreasing his demand forecast by 15,000 units in fear of being......

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Approximate Word Count: 553
Approximate Pages: 3 (250 words per double-spaced page)

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