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  • Review Guide Exam 2

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    Pilly Pham
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    This review guide covers key topics in forecasting, aggregate planning, and materials requirements planning. In chapter 3, it discusses forecasting methods, components of time series data, and metrics like mean absolute deviation and forecast bias. Chapter 11 covers aggregate planning problems and strategies, including available-to-promise and different capacity strategies. Chapter 12 questions cover dependent demand, lumpy demand, what MRP is, its inputs and outputs, MRP extensions, MRP II, and what an ERP system is.

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    Operation management study guide list

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    This review guide covers key topics in forecasting, aggregate planning, and materials requirements planning. In chapter 3, it discusses forecasting methods, components of time series data, and metrics like mean absolute deviation and forecast bias. Chapter 11 covers aggregate planning problems and strategies, including available-to-promise and different capacity strategies. Chapter 12 questions cover dependent demand, lumpy demand, what MRP is, its inputs and outputs, MRP extensions, MRP II, and what an ERP system is.

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    © All Rights Reserved
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    13 views1 page

    Review Guide Exam 2

    Uploaded by

    Pilly Pham
    This review guide covers key topics in forecasting, aggregate planning, and materials requirements planning. In chapter 3, it discusses forecasting methods, components of time series data, and metrics like mean absolute deviation and forecast bias. Chapter 11 covers aggregate planning problems and strategies, including available-to-promise and different capacity strategies. Chapter 12 questions cover dependent demand, lumpy demand, what MRP is, its inputs and outputs, MRP extensions, MRP II, and what an ERP system is.

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    Review Guide Exam 2

    Chapter 3
    Key Characteristics of Forecast
    The Forecasting Process
    Judgment (qualitative) Forecasting methods
    Associative Forecasting
    Time Series Forecasting
    Components of Time Series Data
    Causes of Trend
    Causes of Seasonality
    Mean Absolute Deviation (MAD)
    Forecast Bias
    Tracking Signal
    Chapter 11
    Aggregate Planning
    The Aggregate Planning Problem
    Proactive Strategies (Demand Options)
    Reactive Strategies (Supply Options)
    Available-to-Promise
    Chase Demand Strategy
    Level Capacity Strategy
    Master Production Scheduling (MPS)
    Rough Cut Capacity Planning (RCCP)
    Sales & Operations Planning
    Planning Time Fence
    Demand Time Fence
    Chapter 12 MRP & ERP
    1. What is dependent demand?
    2. What is lumpy demand?
    3. What are some causes of lumpy demand?
    4. What is MRP?
    5. What are the inputs and outputs of MRP?
    6. List and define the extensions of MRP?
    7. What is MRP II?
    8. What is ERP?

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