(See related pages)
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Describe the benefits of effective resource planning. |
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Explain how the planning horizon affects planning tasks. |
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Describe how lead times determine the planning horizon. |
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Explain how product and service life cycles can aid in the planning process. |
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Describe the benefits of collaborative planning, forecasting, and replenishment. |
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Describe the different types of forecasting methods. |
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Compute a casual forecast using simple linear regression. |
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Recognize the components of a time series and appropriate forecasting techniques for each component. |
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Compute forecasts using averages, exponential smoothing, seasonal indexes, and the multiplicative model. |
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Compute measures of forecast accuracy, including the MAD, MSE, RSFE, MAPE, and tracking signal. |
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Describe how enterprise resource planning (ERP) systems benefit businesses. |