IE 311 • Midterm I • Manufacturing and Service Operations 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

Exponential Smoothing Method

Example

Summary

Regression Analysis

Example

Double Exponential Smoothing (Holt's Method)

Example

Summary

Seasonal Data with No Trend

Example

Triple Exponential Smoothing (Winter's Method)

Seasonal Factors

Example

Summary

Introduction

Zero Inventory Strategy

Example 1

Example 2

Constant Workforce Plan

Example 3

Example 4

Linear Programming Solution

Example 5

Forecasting - Stationary Series 1

Forecasting - Stationary Series 2

Forecasting - Trend Series 1

Forecasting - Trend Series 2

Forecasting - Seasonal Series 1

Forecasting - Seasonal Series 2

Forecasting - Seasonal Series 3

Aggregate Planning 1

Aggregate Planning 2

Aggregate Planning 3

Aggregate Planning 4

Aggregate Planning 5

Aggregate Planning 6