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Before attacking this week's discussion forum, you will want to read, make notes from, and thoroughly understand several key concepts:

Aggregate Planning

Supply Chain Management

Master Scheduling

Inventory Management

Demand Forecasting and Lead Times

Economic Order models

Economic Production Quantities

Strategies for managing uneven demand

Tools and/or systems used to control inventory, establish EOQs, and forecast demand

Day-to-day scheduling methods and systems

Once you have a good handle on each of these concepts and how they affect a business, pick any 4 concepts that you want to evaluate where you work. If you are not familiar with planning, supply chain management, inventory management, and order models within your business, find someone who is and gather information as to how your organization manages planning and inventories. If you are in a service related business, how are some of the concepts related to your business?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93078024

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