## Applied Production and Operations Management |

### From inside the book

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Page 118

where Ft+l - the forecast of the time series for

the time series in

smoothing constant (0 < a < 1) Using Equation 4.9, the forecast for any

...

where Ft+l - the forecast of the time series for

**period**t + 1 Y, = the actual value ofthe time series in

**period**t F, = the forecast of the time series for**period**t a = thesmoothing constant (0 < a < 1) Using Equation 4.9, the forecast for any

**period**is a...

Page 496

for one or more repeat

product in the future. The single-

situations in which one order is placed for the product; and at the end of the

for one or more repeat

**periods**and that we will be placing repeat orders for theproduct in the future. The single-

**period**inventory model refers to inventorysituations in which one order is placed for the product; and at the end of the

**period**the ...Page 526

If a unit is produced in

production in

the cost for producing in

...

If a unit is produced in

**period**t and held until**period**k, then the cost is the sum ofproduction in

**period**t plus holding costs for**period**t, t + I, . . . , k - I. For instance,the cost for producing in

**period**1 and holding until**period**4 in regular time is 50 +...

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### Contents

CONCEPTS AND TOOLS IN PRODUCTION AND OPERATIONS | 1 |

Productivity Quality and Cost | 28 |

Concepts of Decision Making | 61 |

Copyright | |

30 other sections not shown

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### Common terms and phrases

activity alternatives analysis annual arrivals assembly backorder Burger King capacity Chapter chart completed components consider constraint control charts customers decision demand determine discussed distribution EOQ model equipment estimated example expected monetary value exponential smoothing facility factors feasible forecast function Gantt chart illustrate important Industrial inspection inventory level Kanban labor layout Lincoln Savings linear programming machine manufacturing marketing master schedule material requirements planning materials measure ment method moving average normal distribution operations managers optimal solution order quantity ordering costs output P/OM in Practice packaging percent performance period plant probability probability distribution problem production plan production schedule production system profit pseudorandom purchasing quality control reorder point requirements planning sample shown in Figure simulation Softwater solution points specific stockout storage Table techniques tion total cost transportation trend variables waiting-line warehouse week workers