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Monday, November 28

  1. page Ch.15 Lean Operations (deleted) edited
    2:12 pm

Friday, August 5

  1. page Ch.12 Inventory Management (deleted) edited
    1:27 pm

Tuesday, March 2

Wednesday, December 9

  1. page Ch.15 Lean Operations (deleted) edited
    2:52 am
  2. page Ch.15 Lean Operations (deleted) edited
    2:52 am
  3. page Ch.14 MRP and ERP edited ... a. Entry Resource Pricing systems b. The second generation manufacturing program c. Entire …
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    a. Entry Resource Pricing systems
    b. The second generation manufacturing program
    c. Entireenterprise Resource Planning
    d. Enterprise Report Planning
    e. All the Above
    (view changes)
    2:48 am

Monday, December 7

Sunday, December 6

  1. page Ch. 3 Forecasting edited ... Summary : Forecasting Forecasting helps managers and businesses develop meaningful plans and …
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    Summary : Forecasting
    Forecasting helps managers and businesses develop meaningful plans and reduce uncertainty of events in the future. Managers want to match supply with demand; therefore, it is essential for them to forecast how much space they need for supply to each demand.
    ...
    forecasting techniques: judgmental
    Judgmental
    forecasts, time-series
    Time-series
    forecasts, and associative
    Associative
    models.
    Judgmental forecasts rely on subjective inputs from various sources. Time-Series forecasts projects patterns identified in recent time-series observations. A time-series is a time-ordered sequence of observations taken at regular time intervals. Associative models are based on the development of an equation that summarizes the effects of predictor variables. Predictor variables are used to predict values of the variable of our interest.
    It is important to know how to calculate a forecast error: Error = Actual - Forecast. There are three ways of measuring the accuracy of forecasts: MAD, MSE, and MAPE. MAD weighs all errors evenly. MSE weighs errors according to their squared values. Lastly, MAPE weighs according to relative error.
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    10:00 pm
  2. page Ch.13 Aggregate Planning edited Summary : Chapter 13: Aggregate Planning Aggregate planning is is an "intermediate-rang…

    Summary : Chapter 13: Aggregate Planning
    Aggregate planning is is an "intermediate-range
    A more extensive form of aggregate planning is sales and operations planning. Sales and operations planning are "intermediate-range decisions to balance supply and demand, integrating financial and operations planning". Sales and operations planning decisions are made using demand forecasts, financial limits, and organization's capacity constraints. The sales and operations plan carries information that impacts the supply chain.
    Questions
    (view changes)
    9:57 pm

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