Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan
Every day managers make decisions without knowing what will happen in the future . Inventory is ordered without certainly as to what sales will be ; new equipment is purchased despite uncertainty about demand for products ; and investments are made without knowing what profits will be . Managers are...
| Main Authors: | , , |
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| Format: | Student Project |
| Language: | English |
| Published: |
Faculty of Mechanical Engineering
1996
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/26479/1/PPd_MUZAFAR%20AHAMAD%20EM%2096_5.pdf |
| _version_ | 1825736463660089344 |
|---|---|
| author | Ahamad, Muzafar Abdul Ghani, Mamat Tarmizi Mohd Ehsan, Musa |
| author_facet | Ahamad, Muzafar Abdul Ghani, Mamat Tarmizi Mohd Ehsan, Musa |
| author_sort | Ahamad, Muzafar |
| collection | UITM |
| description | Every day managers make decisions without knowing what will happen in the future . Inventory is ordered without certainly as to what sales will be ; new equipment is purchased despite uncertainty about demand for products ; and investments are made without knowing what profits will be . Managers are always trying to make batter estimates of what will happen in the future in the face of uncertainty . Making good estimates is the main purpose of forecasting . In this chapter we examine different types of forecasts , and we present a variety of forecasting models with such names as moving averages , exponential smoothing , and linear regression . The purpose is to show that there are many ways for managers to forecast the future . We also provide an overview of the subject of business sales forecasting and describe how to prepare , monitor , and judge the accuracy of a forecast . Good forecasts are an essential part of efficient service and manufacturing operations ; they are also an important modeling tool in both strategic and tactical decision making. |
| first_indexed | 2024-03-06T02:03:13Z |
| format | Student Project |
| id | uitm.eprints-6479 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T02:03:13Z |
| publishDate | 1996 |
| publisher | Faculty of Mechanical Engineering |
| record_format | dspace |
| spelling | uitm.eprints-64792019-11-14T08:33:20Z https://ir.uitm.edu.my/id/eprint/26479/ Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan Ahamad, Muzafar Abdul Ghani, Mamat Tarmizi Mohd Ehsan, Musa Mechanical drawing. Engineering graphics TJ Mechanical engineering and machinery Every day managers make decisions without knowing what will happen in the future . Inventory is ordered without certainly as to what sales will be ; new equipment is purchased despite uncertainty about demand for products ; and investments are made without knowing what profits will be . Managers are always trying to make batter estimates of what will happen in the future in the face of uncertainty . Making good estimates is the main purpose of forecasting . In this chapter we examine different types of forecasts , and we present a variety of forecasting models with such names as moving averages , exponential smoothing , and linear regression . The purpose is to show that there are many ways for managers to forecast the future . We also provide an overview of the subject of business sales forecasting and describe how to prepare , monitor , and judge the accuracy of a forecast . Good forecasts are an essential part of efficient service and manufacturing operations ; they are also an important modeling tool in both strategic and tactical decision making. Faculty of Mechanical Engineering 1996 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/26479/1/PPd_MUZAFAR%20AHAMAD%20EM%2096_5.pdf Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan. (1996) [Student Project] <http://terminalib.uitm.edu.my/26479.pdf> (Unpublished) |
| spellingShingle | Mechanical drawing. Engineering graphics TJ Mechanical engineering and machinery Ahamad, Muzafar Abdul Ghani, Mamat Tarmizi Mohd Ehsan, Musa Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan |
| title | Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan |
| title_full | Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan |
| title_fullStr | Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan |
| title_full_unstemmed | Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan |
| title_short | Prodstar - an application of MRP II software to production planning and control / Muzafar Ahamad,Mamat Tarmizi Abdul Ghani and Musa Mohd Ehsan |
| title_sort | prodstar an application of mrp ii software to production planning and control muzafar ahamad mamat tarmizi abdul ghani and musa mohd ehsan |
| topic | Mechanical drawing. Engineering graphics TJ Mechanical engineering and machinery |
| url | https://ir.uitm.edu.my/id/eprint/26479/1/PPd_MUZAFAR%20AHAMAD%20EM%2096_5.pdf |
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