“Airvent Fans Co” Case Study 2 Assignment Solution
To do the Case Study 2 assignment:
- Please open the link below:
https://hbsp.harvard.edu/import/1201233 - Register on the Harvard Business Publishing Education website.
- Log in to your account.
Purchase the case study “Airvent Fans Co.” - You can choose to complete this case study individually or group of 2 or 3.
Please find a partner and collaborate on this case study. If you decide to
work in a group of two or three, please submit only one report file in (BS),
and don’t forget to include your group member’s name in the report. Please
ensure that you upload your EXCEL file as well. The last modified version of
your EXCEL file should be dated before the due date and created within this
term.
➢ Read the case study and answer the following questions:
Case study questions:
1- How does Airvent Fans Co.’s inventory management strategy contribute
to or detract from its ability to meet fluctuating demand in the ceiling
fan market?
2- Considering the various types of inventories maintained by Airvent Fans
Co., including raw materials, work-in-progress, and finished goods, how
does the company balance the costs associated with carrying excess
inventory against the risk of stockouts and lost sales?
3- What factors should Airvent Fans Co. consider when determining the
appropriate level of safety stock for its key components, such as stators,
rotors, and blades, given the lead times and variability in demand?
4- How can Airvent Fans Co. optimize its inventory turnover ratio to
improve cash flow and operational efficiency, particularly in light of the
forecasted increase in demand for ceiling fans?
5- In what ways can inventory forecasting techniques, such as time-series
analysis or demand sensing, help Airvent Fans Co. anticipate future
demand more accurately and thereby reduce excess inventory and
stockouts?
6- Discuss the potential advantages and disadvantages of implementing a
just-in-time (JIT) inventory system at Airvent Fans Co. How might such a
system impact the company’s production processes and supply chain
relationships?
7- Considering the variety of fan models manufactured by Airvent Fans Co.,
how can the company implement product segmentation strategies to
optimize inventory management and ensure that the right products are
available to meet customer demand?
8- Could Airvent Fans Co. have met the demand of 2017 given its current
capacity, without any changes?
9- Can Airvent Fans Co. meet the forecasted production targets for 2018
and 2019 without any addition to its capacity?
10- With projected demand expected to reach 1.2 million fans annually
by 2020, how can Airvent Fans Co. restructure itself to meet this capacity
requirement? What should be the capacity they should plan?
Instructions and Rubric:
- Introduction (10%)
- Provide a brief overview of the case study topic and its relevance.
- Include a concise thesis statement highlighting the case study’s main purpose.
- Answering Questions (70%)
- All questions (above) must be included in the text without screenshots and answered
properly with data analysis if needed.
- Conclusion (10%)
- Summarize the main findings and their implications.
- References and organization (APA style) (10%)
- Compile a list of all sources used in the case study.
- Cite the references according to the APA (American Psychological Association) style
guidelines.
Note: It is essential to adhere to academic integrity and avoid plagiarism. You may seek assistance from AI platforms but ensure that your work reflects your own analysis and interpretation. High similarity
detected through plagiarism detection software may be reported to the university.