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Published by amit8615

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Published by: amit8615 on Aug 05, 2010
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12/11/2010

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1DSCI 3123
Forecasting & Aggregate ProductionPlanningStrategic Role Of ForecastingForecasting MethodsCapacity PlanningAggregate Production Planning
 
2DSCI 3123
Forecasting
Predicting future eventsUsually
demand behavior 
over a
time frame
Qualitative methods
based on subjective methods
Quantitative methods
based on mathematical formulas
 
3DSCI 3123
Strategic Role Of Forecasting
Forecasts determine product demand &inventory requirementsContinuous replenishment systems requireaccurate short-term forecastsForecasting crucial to successful TQMStrategic planning requires forecasting

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