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Demand Management and FORECASTING

Demand Management and FORECASTING. Operations Management Dr. Ron Lembke. Demand Management. Coordinate sources of demand for supply chain to run efficiently, deliver on time Independent Demand Things demanded by end users Dependent Demand Demand known, once demand for end items is known.

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1.01k views • 73 slides

Forecasting with a Trend

Forecasting with a Trend. Dr. Ron Lembke. Averaging Methods. Simple Average Moving Average Weighted Moving Average Exponentially Weighted Moving Average (Exponential Smoothing) They ALL take an average of the past With a trend, all do badly Average must be in-between. 30 20 10.

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307 views • 18 slides

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Demand Management and FORECASTING

Forecasting with a Trend