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

Nozzle design loads, Q. Nozzle Design Loads? Minimum nozzle design load...

Q. Nozzle Design Loads? Minimum nozzle design loads shall be in accordance. F = Axial force on centre line of nozzle (lbs); Maximum Transverse Force =1.5F F R = Resultan

THERMODYNAMICS, COMPRESSOR MOSTLY USED FOR SUPERHEATING OF IC ENGINES IS CA...

COMPRESSOR MOSTLY USED FOR SUPERHEATING OF IC ENGINES IS CALLED ----------COMPRESSORS

Design varies with scale of operation, Design varies with scale of operatio...

Design varies with scale of operation The design of a fermenter varies with scale of operation from lab (1-20L), to pilot (up to 5000L) to production (to >200,000L) scales. Th

Welding of pressure parts in boilers, This section covers welding of pressu...

This section covers welding of pressure parts including those non-pressure parts when welded to pressure parts. All welding design functions necessary within the contract shall be

Changes in mechanical properties along with tempering, Changes in Mechanica...

Changes in Mechanical Properties along with Tempering: Tempering enhances the toughness and ductility of quenched steel though decreases hardness. Following figure demonstrate

What is enthalpy, Enthalpy defines as heat content of a chemical system.

Enthalpy defines as heat content of a chemical system.

Assignment, A cantilever beam is loaded with a concentrated. Force of 5kN a...

A cantilever beam is loaded with a concentrated. Force of 5kN at the free end. The length of the cantilever beam is 1m having cross section of 50×50mm. determine the equation for b

Describe law of gearing, Determine an expression for the minimum number of ...

Determine an expression for the minimum number of teeth on a pinion which is in mesh with a rack in order to avoid interference and show the minimum number of teeth needed on a pin

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