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Adaptive Forecasting and Cycle Inventory
Midterm: will be handed to you in class on 5 February, 2020
Planning: As before, create a time-schedule for doing the readings and for working on the problems and project. Submit this schedule with your solutions. Also, track how well you follow your schedule, and make notes obstacles and problems to being “on track”. Please use the SPSP on all quantitative problems.
Reading: SCM Text, 4th Edition, Chapter 10 (Managing Economies of Scale), Sections1-4; Chapter 16 (Information Technology), Sections 1, 2; Chapter 17 (Coordination), Section 1 (Bullwhip Effect); Chapter 11 (Managing Uncertainty in a Supply Chain), Section 1, 2.
Homework Problems (due Thursday, 6 February, 2020). Homework must be turned-in on-time to be eligible for full credit.
Problem Solving: Please use your problem-solving template to solve each problem.
Qualitative Problems:
- Cycle Inventory: SCM, 4th, D10.1, 10.2, D10.3
Quantitative Problems:
- Tahoe Salt (Chapter 7 continued) Forecast demand using the: Holt and Winter Adaptive Forecasting methods. Your solutions should match the solutions in the book.
- Hot Pizza, Chapter 7, Exercise 2.
- Flower Wholesaler, Chapter 7, Exercise 3
- ABC Corporation: SCM, Chapter 7, Exercise 4 (Do “Winter’s Method” only.)
- Harley Davidson: SCM, Chapter 10, Exercises 1, 2
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