Teaching note for product W40157.

In April 2024, Kavita Singh, the operations manager at HeatWave Appliances, headquartered in Pune, Maharashtra, India, faced an immediate challenge in forecasting monthly demand for the firm’s premier product, microwaves, which exhibited seasonal fluctuations. Specifically, she needed to estimate the economic order quantity (EOQ) and safety-stock levels needed for HeatWave to maintain a service level of 99 per cent. The company's manufacturing .....more

A student in his final year at a management school has been asked by his uncle to suggest an optimal investment portfolio for the reinvestment of his retirement account. His uncle wants to invest only in mutual funds managed by reputed asset management companies that have historically given superior returns. He also wants to limit the risk involved to less than 10 per cent per annum. The student now needs to prepare a portfolio that offers the highest .....more

Teaching note for product 9B14N012.