Apple Forecasting Outline

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Sean Herold

Week 4 Apple Outline

ISCOM/471

Valorie Howard

05/28/2012

Apple Forecasting, Budgets, &MRP

A. Forecasting Technique

I. Time Series Analysis

A) Trend Projections-Fits a mathematical trend line to the data points and projects it into the future.

B) Apple forecasting – Company is progressively stronger over past 10 years

C) Current market demand requires trend forecasting

B. Budgets

I. Constant Workforce

a) Monthly Calculations

1)Working days of month

2) Production Hours

3) Demand forcast

4) starting/ending inventory

5) Strait time Cost

C. MRP Concepts

I. Assemble-to-stock

a) iPad, iPhone, iPod, laptops and desktops

II. Assemble-to-order

a) Custom built laptops and desktops

b) Software and application preferences

c) Hardware components

D. Conclusion (Recap)

I. Forecasting Technique

II. Budgeting

III. MRP

References

Apple Introduces New iPod touch Lineup (2009, September 9). In apple.com. Retrieved May 26, 2012, from http://www.apple.com/in/pr/library/2009/09/09Apple-Introduces-New-iPod-touch-Lineup.html

Kurtzleben, D. (2012, January 25). Apple's Quarterly Revenues Equal to State Dept. Budget. In US News. Retrieved May 27, 2012, from http://www.usnews.com/news/articles/2012/01/25/apples-quarterly-revenues-equal-to-state-dept-budget

Hughs, N. (2012, May 25). Apple forecast to sell 143M iPhones, 68M iPads in 2013. In appleinsider.com. Retrieved May 27, 2012, from http://www.appleinsider.com/articles/11/09/07/apple_forecast_to_sell_143m_iphones_68m_ipads_in_2013.html

Chase, R. B., Jacobs, F., & Aquilano, N. J. (2012). Operations Management for Competitive Advantage (11th ed.). N.p.: Mc Graw-Hill Companies.
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