IE 365 • Midterm I • Manufacturing and Service Systems Planning I

Forecasting

Error in Forecasts

Mean Absolute Deviation (MAD)

Mean Squared Error (MSE)

Mean Absolute Percentage Error (MAPE)

Example

Components of the Data

Moving Averages Method

Example 1

Weighted Moving Averages Method

Example 2

Exponential Smoothing Method

Example 3

Regression Analysis

Example 1

Double Exponential Smoothing (Holt's Method)

Example 2

Seasonal Data with No Trend

Example 1

Winter's Three Factor Model

Seasonal Factors

Example 2

Introduction

Zero Inventory Strategy

Example 1

Example 2

Constant Workforce Plan

Example 3

Example 4

Linear Programming Solution

Example 5

Forecasting 1

Forecasting 2

Forecasting 3

Forecasting 4

Forecasting 5

Forecasting 6

Forecasting 7

Forecasting 8

Aggregate Planning 1

Aggregate Planning 2

Aggregate Planning 3

Aggregate Planning 4

Aggregate Planning 5

Aggregate Planning 6