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

Explain working of nozzles, Q. Explain working of Nozzles? Nozzles supp...

Q. Explain working of Nozzles? Nozzles supporting agitators, pumps, or other mechanical equipment, shall be suitably reinforced to withstand the mechanical loadings, specified

Metallurgy of electron beam welding, Metallurgy of Electron Beam Welding ...

Metallurgy of Electron Beam Welding EBW is capable of joining a variety of materials in a broader thickness range than any other fusion welding process. This is being in

Determine shear plane angle, The following data was obtained from an orthog...

The following data was obtained from an orthogonal cutting test : Rake angle = 20o, Depth of cut = 6 mm Feed rate = 025 mm/rev Chip length before cutting = 29.4 mm Chip

What are the elements of theory of vibrations, What are the Elements of The...

What are the Elements of Theory of Vibrations All bodies possessing mass and elasticity can vibrate or undergo vibratory motion. Let us understand a few basic definitions used

Ventilation process of plant, Q. Ventilation process of plant? Due to t...

Q. Ventilation process of plant? Due to the possibility of accidental discharges of flammable gas and flashing liquid (e.g. leaks, incorrect valve opening, sampling, etc.); ade

Determine coefficient of friction, Following data is provided for a 360 o ...

Following data is provided for a 360 o hydrodynamic bearing : Radial load = 3.2 kN journal Speed =1490 rpm journal diameter = 50 mm bearing length = 50 mm radial cl

Determine the work done and change in thermal energy, (a) Show that for an ...

(a) Show that for an adiabatic process Pv r = C, holds good. (b) One Kg of a contain gas is at 0.11 KPa and 15 o C. It is compressed until its volume a 0.1m 3 . if the compress

MATLAB CODE FOR SOLVING HYBER REDUNDANT SNAKE ROBOT MOTIION, I need to have...

I need to have a matlab code with torque and force as differential constraint equations and tractrix constraint also included. The motion may be in a plane and with 5 or 6 links in

Sign convention - solving problems of beam, Sign convention which is used f...

Sign convention which is used for solving problems of beam: Although different sign conventions can be used, most of the engineers use following sign conventions for shear for

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