Forecasting system outputs, Mechanical Engineering

Assignment Help:

Forecasting System Outputs:

In a company, inventory level is reviewed biweekly. If the parts used in an assembly have the lead time of one and a half week, what period should a forecast of requirements of parts cover for replenishment?

Solution

Forecast period = lead time + review period

= 1.5 weeks + 2 weeks

= 3.5 weeks

However, the replenishment of parts needs a forecast of requirements at least 3.5 weeks into the future.


Related Discussions:- Forecasting system outputs

RC helicopter, how to make ? what are the components needed ?

how to make ? what are the components needed ?

Platforms - planning of railway stations, Platforms: Platforms are pl...

Platforms: Platforms are places where trains stop and passengers entrain and detrain. For BG operations, the length of the platform should be about 30 m. Figure gives the

Steps for solving problem for finding power, STEP S FOR SOLVING PROBLEM FO...

STEP S FOR SOLVING PROBLEM FOR FINDING POWER: 1. Use formula stress (s) = force (Maximum Tension)/Area Where; Area = b.t that is, Tmax = σ.b.t 2. Unit mass (m) = r.b.t.

Pulsed dc welding, Pulsed DC Welding Pulsed DC involves the repetitive ...

Pulsed DC Welding Pulsed DC involves the repetitive variation in arc current from a background (low) value to a peak value. Adjustments of the pulse current time, background cu

Determine the temperature distribution, The wall shown is 1 m thick. The le...

The wall shown is 1 m thick. The left surface of the wall (x=0) is maintained at a constant temperature 200 degrees Celsius. The right surface (x=L=1 m) is insulated. The thermal c

Compression ignition engines - thermodynamics, Compressio n Ignition Engin...

Compressio n Ignition Engines (or C.I. Engine): It works on the basis of dieses cycle. In diesel engines, energy addition occurs at constant pressure but energy rejection at

Connecting rod, how to design a steel connecting rod using minimum weight a...

how to design a steel connecting rod using minimum weight and thickness?

Discover the angle of twist - uniformly varying shaft, Discover the angle o...

Discover the angle of twist - uniformly varying shaft: A uniformly varying shaft of length 2 m is subjected to a torque of 2 kN-m. The diameter at the ends shall be 60 mm and

Arc welding power sources classify-output characterstics, ARC WELDING POWER...

ARC WELDING POWER SOURCES CLASSIFICATION:OUTPUT CHARACTERSTICS The output characteristic of welding power source is a funct ional relationship between output voltage and load

Evaluate the angle of heel, A motor cycle with its rider, weight 250kg, the...

A motor cycle with its rider, weight 250kg, the centre of gravity of the machine and rider combined being 60cm above the ground level when the machine is standing upright. Each roa

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd