|Class |Title |Concepts |Tools | |11. | |Components of Demand |Moving Average | | |Forecasting |What/when to forecast |Exponential Smoothing | | | |Time Series | | |12. |Inventory |Brian’s Dilemma |Assumption/Costs | | |/EOQ |Inventory Control |Inventory Cycle | | | |ABC Analysis |Total Annual Cost | | | | |EOQ | |13. |Inventory |Newsboy Exercise |Costs of Shortage | | |/Newsboy |Inventory Costs and |and Excess | | | |Estimation in |Demand characterization | | | |Different situations |Service/Stock-out level | | | | |Optimal Stocking | | | | |Discrete & Contin. | |14. |Inventory |Most general Inv. Model |ROP- 4 cases | | |/ (Q,R) | |Safety Stock | |15. |MRP |Planning for Dependent vs Independent Items |MRP: Inputs(MPS, BOM, Inv.)-Output; | | | |MRP benefits |Processing Steps; | | | |Implementation |Completing MRP | | | |ERP readings |Tables; | |16. |JIT |Kanban system; |JIT video – specific benefits of small | | | |Push vs Pull; |lot size; | | | |Pros & cons of JIT; |Necessary steps for achieving small lot | | | |JIT vs Traditional Mfg; |size; | | | |Toyota |Problems with JIT; | |17. |Quality |Process Control |Xbar Chart | | |Mgmt. |Hank Kolb: |R Chart | | | |Responsibility for Quality | | | | |TQM | | |18. |Beer Game...
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