This courses teaches you how a business or organization cope with the demand for its goods and services. Demand and Supply should more or less match with each other. If there is a mismatch, either there will be more money locked in inventory of the customers will be frustrated due to non-availability of products and services.
It is the responsibility of the operations manager to analyze the demand and supply. The operations manager should be thorough knowledge about forecasting the demand and formulate strategies for meeting the demand.
Course Content
Course Modules
-
04:53
-
Explain What is meant by ‘Forecasting’
02:04 -
Explain the Classification of Forecasting
01:44 -
Explain the Types of Forecasting
01:49 -
List the Qualitative Forecasting Methods
00:39 -
List the Quantitative Forecasting Methods
00:53 -
Explain Factors to Consider While Forecasting
06:30 -
Explain Steps of Forecasting
01:26 -
Explain Steps for Ratio Trend Analysis
00:41 -
Describe Regression Analysis
00:42 -
Describe Work Study Techniques
00:43 -
Explain the Steps for Delphi Technique
00:34 -
Describe Managerial Judgments for Forecasting
05:20 -
Explain the Forecasting Process
12:15 -
List the Mistakes to Avoid while Forecastin
04:33 -
List the Characteristics of a Good Forecast
10:00
A course by
Student Ratings & Reviews
No Review Yet
Lessons:
