• Draw the demand curves and estimate the season length N; • Computer the moving average MA(N); • Centralize the moving averages; • Get the centralized MA values back on period; • Calculate seasonal factors, and make sure of ct=N. • Divide each observation by the appropriate seasonal factor to obtain the deseasonalized demand • Forecast is made based on deseasonalized demand. • Final forecast is obtained by multiplying the forecast (with no seasonality) with seasonal factors
1. Basic Conception of Production & Operations Management 2. Production System and its Classification 3. Organization of Production System 4. Operations Management &Operations Strategy 5. The Classical View of Operations Strategy 6. Strategic Initiatives-Reengineering 7. Matching Process and Product Life Cycles 8. Capacity Growth Planning
•Types of Inventories •Motivation for Holding Inventories; •Characteristics of Inventory System; •Relevant Costs; •The EOQ Model; •EOQ Model with Finite Production Rate •Quantity Discount Models •Resource-constrained multiple product system •EOQ models for production planning •Power-of-two policies