Chapter 13: Problem 5
What is the difference between causal forecasting and time series forecasting?
Chapter 13: Problem 5
What is the difference between causal forecasting and time series forecasting?
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Get started for freeWhy might an exponential smoothing model exhibit negative bias? An exponential smoothing model with a linear trend?
In this era of rapid change and short product lifetimes, it is common for process technology to be used to produce several generations of a product or even completely new products. How might this fact enter into the decisions related to capacity/facility planning?
Why is it important for the various modules in a hicrarchical planning system to achieve consistency? Why is such consistency not always maintained in practice?
What purpose does feedback serve in a hierarchical production planning system?
How is demand management practiced in MRP? In JIT?
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