Week 4 Apple Outline
ISCOM/471
Valorie Howard
05/28/2012
Apple Forecasting, Budgets, &MRP
A. Forecasting Technique
I. Time Series Analysis
A) Trend Projections-Fits a mathematical trend line to the data points and projects it into the future.
B) Apple forecasting – Company is progressively stronger over past 10 years
C) Current market demand requires trend forecasting
B. Budgets
I. Constant Workforce
a) Monthly Calculations
1)Working days of month
2) Production Hours
3) Demand forcast
4) starting/ending inventory
5) Strait time Cost
C. MRP Concepts
I. Assemble-to-stock
a) iPad, iPhone, iPod, laptops and desktops
II. Assemble-to-order
a) Custom built laptops and desktops
b) Software and application preferences
c) Hardware components
D. Conclusion (Recap)
I. Forecasting Technique
II. Budgeting
III. MRP
References
Apple Introduces New iPod touch Lineup (2009, September 9). In apple.com. Retrieved May 26, 2012, from http://www.apple.com/in/pr/library/2009/09/09Apple-Introduces-New-iPod-touch-Lineup.html
Kurtzleben, D. (2012, January 25). Apple 's Quarterly Revenues Equal to State Dept. Budget. In US News. Retrieved May 27, 2012, from http://www.usnews.com/news/articles/2012/01/25/apples-quarterly-revenues-equal-to-state-dept-budget
Hughs, N. (2012, May 25). Apple forecast to sell 143M iPhones, 68M iPads in 2013. In appleinsider.com. Retrieved May 27, 2012, from http://www.appleinsider.com/articles/11/09/07/apple_forecast_to_sell_143m_iphones_68m_ipads_in_2013.html
Chase, R. B., Jacobs, F., & Aquilano, N. J. (2012). Operations Management for Competitive Advantage (11th ed.). N.p.: Mc Graw-Hill
References: Apple Introduces New iPod touch Lineup (2009, September 9). In apple.com. Retrieved May 26, 2012, from http://www.apple.com/in/pr/library/2009/09/09Apple-Introduces-New-iPod-touch-Lineup.html Kurtzleben, D. (2012, January 25). Apple 's Quarterly Revenues Equal to State Dept. Budget. In US News. Retrieved May 27, 2012, from http://www.usnews.com/news/articles/2012/01/25/apples-quarterly-revenues-equal-to-state-dept-budget Hughs, N. (2012, May 25). Apple forecast to sell 143M iPhones, 68M iPads in 2013. In appleinsider.com. Retrieved May 27, 2012, from http://www.appleinsider.com/articles/11/09/07/apple_forecast_to_sell_143m_iphones_68m_ipads_in_2013.html Chase, R. B., Jacobs, F., & Aquilano, N. J. (2012). Operations Management for Competitive Advantage (11th ed.). N.p.: Mc Graw-Hill Companies.