Sales and Operations Management Demand Forecasting

1. Engineer-to-order
2. Lean manufacturing
3. Manufacturing cell
4. Poka-yokes
5. Product-process mix
6. Product-process mix
7.Workstation cycle time
1. Assignable variation
2. Capacity index
3. Conformance quality
4. Decoupling points
5. Defects Per Million Opportunities (DPMO)
6. Diagnosis-related groups
7. Earned value management
8. Immediate predecessors
9. Master black belts
10. PDCA cycle
Question 1
From the choice of simple moving average, weighted moving average, exponential smoothing, and linear regression analysis, which forecasting technique would you consider the most accurate? Why?
Question 2
Identify and discuss the most significant operations and supply management approach since 1960.
Question 3
What are the main problems with using adaptive exponential smoothing in forecasting?
Question 4
Financial applications are divided into three areas. Describe each of these areas.
Question 5
Discuss the basic differences between the mean absolute deviation and the standard deviation.
Question 6
What are the main reasons why a large percentage of executives have negative feelings toward ERP software?
Question 7
Distinguish between pure and mixed strategies in production planning.
Question 8
How would the needs of stakeholder groups be reflected in a performance measurement system?

Question 9
Identify the typical processes in manufacturing firms. Discuss how the new product development process interacts with the traditional function in the firm.
Question 10
Describe the differences between functional and innovative products.
Question 11
List the type of stakeholders that would be considered in a payoff analysis.
Question 12
What motivations typically cause firms to initiate a facilities location or relation project?
Question 13
As a supplier, which factors about a buyer (your potential customer) would you consider important in setting up a long-term relationship?

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