all rights reserved The Demand Driven Operating Method • The protection of FLOW is paramount • ROI is directly proportionate to the speed of flow of relevant materials and information • Demand Driven operating methods seek to protect the flow of both relevant information and materials All material and © copyright Demand Driven Institute 2013‚ all rights reserved DDMRP and Capacity Scheduling • DDMRP has Implications for Capacity Scheduling • Advanced Session Webinars • Download the paper on
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BERGERAC CASE STUDY Summary The purpose of this report is to analyze the opportunity to produce plastic components for cartridge production and choose the best alternative. It is predicted that the annual demand growth is a triangular distribution with a minimum of 5%‚ most likely of 17% and a maximum of 25%. Due to the continuous growth in the demand‚ the alternatives cannot be compared using just the data for 2010. An analysis is carried out for the time period 2011 to 2015 and the present worth
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Costs and Revenues What is cost? If you go to a store and like an item and you want to buy it‚ which of the following questions would you ask: What’s the price of …..? 0R How much does …. cost? Examples of costs – set-up Examples of costs - running Fixed Costs 5000 What happened to the fixed costs if for some reason the company had technical problems and was unable to produce for 2 weeks? What happens if the landlord decided to raise the rent due to high property prices
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Graphs - Introduction Terminology Graph ADT Data Structures Reading: 12.1-12.2 COSC 2011‚ Summer 2004 Definition • A graph is a pair (V‚ E)‚ where – V is a set of nodes‚ called vertices – E is a collection of pairs of vertices‚ called edges • Both are objects (i.e. store data) G E B F A Vertex city computer web page airport C D COSC 2011‚ Summer 2004 H Edge road cable hyperlink flight Example Applications • • • • • Electronic circuits – Printed circuit board – Integrated circuit Transportation
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Stock Exchange to a roadside farmer’s stand‚ all of these markets are made up of both supply and demand schedules. Both supply and demand are affected by determinants that either shift the lines right or left or cause movement along the line. The point where the two lines intersect is the Equilibrium‚ the equilibrium point is simply it is where quantity demanded equals quantity supplied. An efficient market is when both the producer and consumer markets have allocated resources efficiently to the
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Master Production Schedule (MPS) : A Master Production Schedule is a Schedule of the completions of the end items and these completions are very much planned in nature. Master production schedule acts as a very distinct and important linkage between the planning processes. With the help of this schedule‚ one can know the requirements for the individual end items by date and quantity. In companies‚ MPS are generally produced in order to know the number of each product that is to be made over some
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Chapter 4 The Revenue Cycle Objectives for Chapter 4 • Tasks performed in the revenue cycle‚ regardless of the technology used • The functional departments involved in revenue cycle activities and the flow of revenue transactions through the organization • The documents‚ journals‚ and accounts that provide audit trails‚ promote the maintenance of records‚ support decision making‚ and sustain financial reporting • Risks associated with the revenue cycle and the controls that reduce these risks
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DESCRIBING GRAPHS AND CHARTS The function of a line graph is to describe a TREND pictorially. You therefore should try and describe the trend in it. If there are many lines in the graph(s)‚ then just generally describe the trend. If there is only one or two‚ then use more detail. So‚ describe the movement of the line(s) of the graph giving numerical detail at the important points of the line. To describe the movement‚ there is some language which will always be useful. Below is a list of language
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1. What is a data warehouse? A data warehouse is defined in this section as “a pool of data produced to support decision making.” This focuses on the essentials‚ leaving out characteristics that may vary from one DW to another but are not essential to the basic concept. The same paragraph gives another definition: “a subject-oriented‚ integrated‚ time-variant‚ nonvolatile collection of data in support of management’s decision-making process.” This definition adds more specifics‚ but in every case
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1.2 Basics of Functions and Their Graphs Introduction to Relations Domain and Range of a Relation Any set of ordered pairs (x‚y) is called a relation in x and y. Furthermore‚ The set of first components in the ordered pairs is called the domain of the relation. The set of second components in the ordered pairs is called the range of the relation. Definition of Function and Vertical Line Test Definition of a Function Given a relation in x and y‚ we say “y is a function of x” if for every
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