Four primary forecasting techniques

Assignment Help Operation Management
Reference no: EM13809305

Choose an organization for this assignment from one of the following resources:

  • Virtual organizations located on the student website (Riordan Mfg)
  • An organization with which you are familiar (Pick any you want)

Write a 1,400- to 1,750-word paper in which you include the following:

  • Differentiate at least two or three key elements for each of the four primary forecasting techniques and how they apply to your chosen organization.
  • Analyze the impact of production plans, master production schedules, rough-cut capacity planning, workforce size, and carrying inventory as they relate to budgets for your chosen organization.
  • Depending on whether the organization you selected is a manufacturing or service organization, compare and contrast how material requirements planning usage would be different for this organization and one of the opposite types of organizations.
  • Compare and contrast the use of material requirements planning system concepts for your chosen organization.

Reference no: EM13809305

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