IE 3523 • Midterm • Production and Service Systems Planning

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

Moving Averages Example

Exponential Smoothing Method

Exponential Smoothing Example

Summary

Regression Analysis

Regression Analysis Example

Double Exponential Smoothing (Holt's Method)

Double Exponential Smoothing 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

Economic Order Quantity

Cost Components

Example 1

Example 2

Lead Time

Example 3

Finite Production Rate

Example 4

Example 5

All Units Discounts

Example 1

Example 2

Incremental Discounts

Example 3

Example 4

Forecasting 1

Forecasting 2

Forecasting 3

Forecasting 4

Forecasting 5

Forecasting 6

Forecasting 7

Inventory Planning Subject to Known Demand 1

Inventory Planning Subject to Known Demand 2

Inventory Planning Subject to Known Demand 3

Inventory Planning Subject to Known Demand 4

Inventory Planning Subject to Known Demand 5

Inventory Planning Subject to Known Demand 6

Inventory Planning Subject to Known Demand 7

Inventory Planning Subject to Known Demand 8

Inventory Planning Subject to Known Demand 9

Inventory Planning Subject to Known Demand 10

Inventory Planning Subject to Known Demand 11

Inventory Planning Subject to Known Demand 12

Inventory Planning Subject to Known Demand 13

Inventory Planning Subject to Known Demand 14

Inventory Planning Subject to Known Demand 15

Aggregate Production Planning 1

Aggregate Production Planning 2

Aggregate Production Planning 3

Aggregate Production Planning 4

Aggregate Production Planning 5

Aggregate Production Planning 6

Aggregate Production Planning 7