Preview

Production Planning

Powerful Essays
Open Document
Open Document
1492 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Production Planning
PRODUCTION PLANNING TERM PROJECT | | | Course Lecturer:
Prof.Dr.Selim Zaim
Öğr.Gör.Dr.Hüseyin Selçuk Kılıç | | | | |
Project Members:
Elif Duygu Bağatırlar 150308045
Merve Ağaoğlu 150308026
İbrahim Ahıskalı 150308006

QUESTION 1 * Moving Average Method

| | MA(2) | MA(3) | MA(4) | MA(5) | MA(6) | MA(2) | MA(3) | MA(4) | MA(5) | Month | Demand | one-step ahead | one-step ahead | one-step ahead | one-step ahead | one-step ahead | two step ahead | two step ahead | two step ahead | two step ahead | July | 125 | 102,5 | 113,3333 | 122,5 | 127 | 125,8333 | 117,5 | 128,3333 | 132,5 | 130 | August | 150 | 115 | 110 | 116,25 | 123 | 126,6667 | 102,5 | 113,3333 | 122,5 | 127 | September | 175 | 137,5 | 126,6667 | 120 | 123 | 127,5 | 115 | 110 | 116,25 | 123 | October | 120 | 162,5 | 150 | 138,75 | 131 | 131,6667 | 137,5 | 126,6667 | 120 | 123 | November | 145 | 147,5 | 148,3333 | 142,5 | 135 | 129,1667 | 162,5 | 150 | 138,75 | 131 | December | 90 | 132,5 | 146,6667 | 147,5 | 143 | 136,6667 | 147,5 | 148,3333 | 142,5 | 135 |

Month | Demand | Error | Error | Error | Error | Error | Error | Error | Error | Error | July | 125 | 22,5 | 11,66667 | 2,5 | 2 | 0,833333 | 7,5 | 3,333333 | 7,5 | 5 | August | 150 | 35 | 40 | 33,75 | 27 | 23,33333 | 47,5 | 36,66667 | 27,5 | 23 | September | 175 | 37,5 | 48,33333 | 55 | 52 | 47,5 | 60 | 65 | 58,75 | 52 | October | 120 | 42,5 | 30 | 18,75 | 11 | 11,66667 | 17,5 | 6,666667 | 0 | 3 | November | 145 | 2,5 | 3,333333 | 2,5 | 10 | 15,83333 | 17,5 | 5 | 6,25 | 14 | December | 90 | 42,5 | 56,66667 | 57,5 | 53 | 46,66667 | 57,5 | 58,33333 | 52,5 | 45 | | MAD | 30,41667 | 31,66667 | 28,33333 | 25,83333 | 24,30556 | 34,58333 | 29,16667 | 25,41667 | 23,66667 |

Month | Demand | e^2 | e^2 | e^2 | e^2 | e^2 | e^2 | e^2 | e^2 | e^2 | July | 125 | 506,25 | 136,1111 | 6,25 | 4 | 0,694444 | 56,25 | 11,11111 | 56,25 | 25 | August | 150 | 1225 | 1600 |

You May Also Find These Documents Helpful

  • Good Essays

    References: Chase, R. B., Jacobs, F. R., & Aquilano, N. J. (2005). Operations Management for Competitive Advantage (11th ed.). New York: McGraw-Hill/Irwin. Retrieved November 24, 2009, from University of Phoenix, rEsource, OPS571-Operations Management Course Web site.…

    • 932 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    week 5 qquiz

    • 428 Words
    • 3 Pages

    Using the weighted-average method, the equivalent units for August, with respect to conversion costs, were…

    • 428 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    | Period | 1 | 2 | 3 | 4 | 5 | 6 | Total | | Forecast | 160 | 150 | 160 | 180 | 170 | 140 | 960 | | Output | | | | | | | | | Regular | 150 | 150 | 150 | 150 | 160 | 130 | 890 | | Overtime | 10 | 10 | 0 | 10 | 10 | 10 | 50 | | Subcontract | 0 | 0 | 10 | 10 | 0 | 0…

    • 972 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Dss Consulting

    • 480 Words
    • 2 Pages

    Our first plan (Plan A) includes hiring 4 new employees in January to cover the 2100 units of demand but firing them in February, we will fire these additional employees because the production would be covered. In March, April, and May will fire 4, 3, 3, employees respectively. By doing so, the labor costs are significantly reduced and the unit demand will be covered. In June we neither hire nor fire because our units of demand are covered. However, in July, and August, unit demand picks up and we will hire 5, and 7 employees respectively. In September we fire 4 employees and October we fire 2 employees cutting our labor cost, but still reaching our unit demand. In November we hire 7 employees due to the increase of Holiday sales, and in December we hire 6 employees. By doing so we have a Gross profit of $1,125,189…

    • 480 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    A Modest Proposal" by Jonathan Swift fits the satire definition because throughout the whole short story the man is proposing real life problems in society and turning them sarcastic. He uses sarcasm to emphasize how well he believes his ideas would benefit his country, Ireland. For example when he talks about the Irish eating their babies due to overpopulation. This wouldn't be an effective way to end the problem but instead people should stop having…

    • 76 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    In the United States Army Food Program there are specific ways to fill out and prepare documents according to AR 30-22, The Army Food Program. These procedures are outlined in the Department of the Army Pamphlet (DA PAM) 30-22, Operating Procedures for the Army Food Program. This paper will advise the proper way to document the required items on a Production Schedule as well as completing a Risk Management Data Log – Cooking and Serving as summarized from DA PAM 30-22.…

    • 1022 Words
    • 5 Pages
    Good Essays
  • Good Essays

    “Riordan Manufacturing is a global plastics manufacturer employing 550 people with projected annual earnings of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion”. (University of Phoenix, pg.1, 2013) Riordan corporate headquarters is in San Jose, California. The company’s research and development is conducted here. A chemistry professor Dr. Riordan founded the company in 1991. Since then it has grown to an international company “with plastic beverage containers produced at its plant in Albany, Georgia, custom plastic parts produced at its plant in Pontiac, Michigan, and plastic fan parts produced at its facilities in Hangzhou, China”. (University of Phoenix, pg.1, 2013) In 1992 Dr. Riordan obtained venture capital and purchased a fan manufacturing plant in Pontiac, Michigan, the company received its name of Riordan Manufacturing during this. In 2000 the company expanded and moved its entire fan manufacturing operations from Michigan to China.…

    • 1021 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Assuming Top That uses the weighted-average method to account for inventories, the equivalent units of work for the month of February are…

    • 706 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Examine the following scenario and prepare a set of alternative (competitive) plans to ensure sufficient capacity is available to meet the projected customer requirements for the medium term. Recommend any additional activities or changes that could be made to improve capacity planning over the long term.…

    • 635 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    A1 an evaluation of the effectiveness of the techniques used by the business to plan production and product development.…

    • 2857 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    - plant location - plant layout INTERMEDIATE RANGE (Aggregates) - output rates - employment levels - inventory - subcontracting SHORT RANGE - job assignments - machine loading - job sequencing - lot sizes…

    • 1326 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    ABSTRACT: This experiment aimed at determining the optical density in terms of absorbance of a solution using the different dilution factors to obtain a standard curve where interpretation of Beer’s Law is important to get the results.…

    • 1579 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Production and Operations Management ("POM") is the transformation of production and operational inputs into "outputs" that, when distributed, meet the needs of customers.…

    • 441 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    ASSESSING TRANSPORTATION AND ROAD CONDITIONS IN NIGER STATE, NIGERIA USING GEOINFORMATICS, WITH FOCUS ON IMPACT OF CLIMATE VARIABILITY AND CHANGE.…

    • 2907 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    The work done in SIP was related to Production planning and control and was also related to reduction in manufacturing throughput time for a special purpose machine MD-1985(H50). Planning and control is used to make decisions on the procurement,allocation and utilization of production resources to satisfy customer’s requirements from the machine . The ultimate objective of production planning and control is to contribute to the profits of the company. As with inventory management and control, this is accomplished by keeping the customers satisfied through the meeting of delivery schedules. Some of the objectives of production planning and control are to establish routes and schedules for work that…

    • 758 Words
    • 4 Pages
    Good Essays