Star of the Caribbean

  • Reference: AD-360-E

  • Number of pages: 2

  • Geographic Setting: Barbados

  • Publication Date: Apr 24, 2018

  • Source: IESE (España)

  • Type of Document: Case

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Description

The case enables analysis of a decision about production when demand is uncertain. It can be used as an introductory document in a module on inventory planning and it enables the problem of the critical fractile to be illustrated very simply. This case replaces the case Barbados Star from the same author(AD-313).

Learning Objective

The objective of the case is to develop the critical fractile problem. It offers the possibility of discussing ways of anticipating demand before having to make a decision with respect to production, as well as the advantages and difficulties of these options.

Keywords

Anticipating demand Critical fractile Decision analysis Production