PPT-Chapter 7 Demand Forecasting in a Supply Chain

in a Supply Chain Forecasting 1 Moving Average Ardavan AsefVaziri Based on Operations management Stevenson Operations Management Jacobs Chase and Aquilano Supply Chain Management Chopra and . And 57375en 57375ere Were None meets the standard for Range of Reading and Level of Text Complexity for grade 8 Its structure pacing and universal appeal make it an appropriate reading choice for reluctant readers 57375e book also o57373ers students . Presented by Paul . Sumade. . Lee. Chairman, International Rubber Association. . 28. May 2015, Shanghai, China. Agenda . SECTION . 1. . SECTION . 2. . SECTION 3. SECTION 4. Global Supply and Demand. A forecast is a prediction or estimation of future situation. It is an objective assessment of future course of action. Since future is uncertain, no forecast can be per cent correct. Forecasts can be both physical as well as financial in nature. The more realistic the forecasts, the more effective decisions can be taken for tomorrow.. Revision 1. Agenda. Objectives. The Goal of a Process. The Forecasting Process. The Supply Chain Process. Goals and Objectives. Emphasize the critical role of Forecasting. Provide a basic understanding of Supply Chain Planning for Non-Supply Chain professionals.. 1. 4 Demand, Supply, and Equilibrium. 4.1 Markets. 4.2 How Do Buyers Behave?. 4.3 How Do Sellers Behave?. 4.4 Supply and Demand in Equilibrium. 4.5 What Would Happen if the Government Tried to Dictate the Price of Gasoline. Essential Question:. What are demand and supply, and what factors influence them?. Demand and price. Demand comes at a price. . Burger. . . Quantity. demanded . – amount of a good/service consumers are willing to pay . THIRD EDITION. ECONOMICS. and. MACROECONOMICS. Paul Krugman | Robin Wells. What a . competitive market . is and how it is described by the . supply and demand model. What the . demand curve . and . supply curve . The quantity of a specific product that a buyer is . able. . and . willing. to buy at a certain price. Usually at a particular . time. and . place. Remember those . time and place utilities . that add value to a product??. Ohio Traffic Forecasting Manual Module 3: Travel Demand Modeling Training Organization Ohio Traffic Forecasting Manual Ohio Traffic Forecasting Training Modules Module 1: Traffic Forecasting Background Role of Forecasting . in . a Supply Chain. The basis for all planning decisions in a supply chain. Used for both push and pull processes. Production scheduling, inventory, aggregate planning. Sales force allocation, promotions, new production... Module One:. . . An Overview of International. Supply Chain Management. 1. Class Agenda. Supply Chain Management & Logistics defined. Functional activities within a global supply chain (Who does what?). LO18–2: Evaluate demand using quantitative forecasting models.. LO18–3: Apply qualitative techniques to forecast demand.. LO18–4: Apply collaborative techniques to forecast demand.. McGraw-Hill/Irwin. . TAIR Conference. Lubbock, March 4, 2009. Presenters. Gabriela Borcoman. Texas Higher Education Coordinating Board. Ruben Garcia . Texas Workforce Commission. Objectives. Explain the supply/demand concept. 3. Learning Objectives. Identify the major drivers of supply chain performance.. Discuss the role of each driver in creating strategic fit between the supply chain strategy and the competitive strategy..