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

Determine the actual absolute velocity, Question: As shown in the figur...

Question: As shown in the figure, the jet transport B is flying north with a velocity V B = 600 Km/h when a smaller aircraft A passes underneath the transport headed in the 60

Design and construction of waste heat boilers, Shop assembled, steam drum, ...

Shop assembled, steam drum, risers, downcomers, and all other related equipment on the steam side shall be designed, fabricated and hydrostatically tested to all requirements of AS

Blasting nozzle, Blasting Nozzle: Figure: Shown blast nozzle samp...

Blasting Nozzle: Figure: Shown blast nozzle sample             Jet injection type of nozzle is a very powerful blasting method. Nozzle design is very particular to the

Dynamics of the water tank, A Perspex tank ure 1), which has parallel sides...

A Perspex tank ure 1), which has parallel sides for the top part of its height and a 'V' shaped section for the bottom part and a constant width throughout, is used as a receptacle

Dynamics, a motorcycle is used to stunt show to go over a valley . if the i...

a motorcycle is used to stunt show to go over a valley . if the initial speed at A is u m/s, determine a. the minimum U so that the motorcycle reaches the bank at B. b. the veloc

Thin cells, what type of stresses a thin cell is subjected to?

what type of stresses a thin cell is subjected to?

Plot velocity and pressure distributions reynolds numbers, The figure shows...

The figure shows a "square cavity flow". In this flow the cavity is filled with a fluid and the lid of the cavity moves with a constant velocity, while the other walls remain stati

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