operation unit 10 hw

Unit 10 [MT435: Operations Management]

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Assignment: Forecasting and Inventory Management Paper

Forecasting is a realistic application of the scientific method towards future business

requirements. This can be accomplished with both qualitative and quantitative methods. Inventory

Management also connects to forecasting and is a key element of success within the supply

chain and operations management professional areas of business.

Forecasting and Inventory Management support operations management efforts. However, you

need to explore and evaluate these concepts more closely demonstrating knowledge of these

real world business concepts.

Directions

In this Assignment, you will compose and informative essa y in a minimum of 3-full pages in which

you specifically address the parts listed below. Make sure to include separate title and references

pages, use standard paragraph structure, double spacing, 12-point Times New Roman f ont, and

follow all other APA 6th edition formatting and citation guidelines. Conduct research from credibl e

peer-reviewed sources, the Library, and your textbook to support your responses.

Forecasting

Select a part of forecasting to evaluate based upon your prior reading in the eBook. Conduct

online research to support your writing with credible sources. In particular, demonstrate your

knowledge of how f orecasting supports operations management efforts. S elect one method of

forecasting as presented in the eBook that you find potentially useful in your own career. Evaluate

how you would apply it in a real-world business setting.

Inventory Management

Select a part of inventory management to evaluate based upon your prior reading in the eBook.

Conduct online research to support your writing with credible sources. In particular, demonstrate

your knowledge of how inventory management supports operations management eff orts. Select

one method of inventory management as presented in the eBook that you find potentially useful

in your own career. Evaluate how you would apply it in a real -world business setting.

Also, close your paper with the following observations from your research:

The importance of f orecasting and inventory management within the context of operations

management. Make sure you evaluate the purpose of forecasting and inventory management

within operations management, as you close your paper, with skilled professional reflection and

commentary.

Ensure each topic is covered to appropriate breadth and depth demonstrating knowledge of the

course concept.

Unit 10 [MT435: Operations Management]

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SCM Standard Requirements

 This Assignment should be a separate MS W ord document, pref erably in the most current .docx file format.

 In addition to the APA 6th edition style title page and ref erence page; ensure your paper

covers the assigned topics, with a f ocus on quality. T he f ollowing items provide additional

guidance as to writing expectations.

 Respond to the questions in a thorough manner, providing specific examples of concepts,

topics, definitions, and other elements asked for in the questions. Your paper should be

highly organized, logical, and f ocused.

 It must be written in Standard English; demonstrating exceptional content, organization,

style, grammar, and mechanics.

 Your paper should provide a clearly established sustained viewpoint and purpose.

 Your writing should be well ordered, logical, and unified; as well as original and insightful.

 Ensure your paper uses APA 6th edition format f or content, with properly indented

paragraphs, and a minimum of 3 full pages covering the assigned topics to appropriate

depth.

 A separate page at the end of your research paper should contain a list of references, in APA

6th edition f ormat. Use your textbook, the Library, and the internet for credible research.

 Ensure you have at a minimum three quality references supporting your work: defining words,

or using dictionaries, wikis, or encyclopedias, does not count as a quality reference, or meet

university standards for credible online research.

 Be sure to cite both in-text and ref erence list citations were appropriate and ref erence all

sources. Your sources and content should follow proper APA citation style. Review the APA

6th edition formatting and citation style found at the W riting Center. (The W riting Center can

be accessed in Academic Tools. Click on APA Central, then on "W rite" at the bottom of the

page.) (It should include a cover sheet, paper is double spaced, in Times New Roman 12-

point f ont, correct citations, Standard English with no spelling or punctuation errors, and

correct ref erences at the bottom of the last page.)

*Please not e: Prof essors do have academic freedom to modif y Assignments and

requirements t o mitigat e against cheating and plagiarism, and help with student learning.

Directions for Submitting Your Paper

W rite your paper in a Microsoft W ord document and save it in a location that includes your

name and the title. Submit your paper to the Unit 10: Assignment Dropbox.

Unit 10 [MT435: Operations Management]

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MT435 Unit 10 Assignment: Forecasting and Inventory Management Paper

Content (50%) 30 pts. (3 Full Pages of Content)

Points

Possible

Points

Earned

Forecasting is covered to appropriate breadth and depth

demonstrating knowledge of the course concept. 10

Inventory Management is covered to appropriate breadth and

depth demonstrating knowledge of the course concept. 10

Reflection on Operations Management is covered to appropriate

breadth and depth demonstrating knowledge of the course

concept.

10

Analysis (30%) 18 pts.

W ork demonstrates synthesis of concepts, research, and

experience. 6

W ork demonstrates the student’s ability to tie relevant inf ormation

to real lif e applications. 6

Analysis exceeds basic comprehension to demonstrate higher

order thinking. 6

Writing (20%) 12 pts.

Correct use of APA 6th edition f ormat, all sources used to

support the paper are referenced, 3 ref erences minimum (no

wikis, dictionaries, or encyclopedias).

4

Sentences are clear, concise, and direct; tone is appropriate. 4

Spelling, grammar, and punctuation are correct. 4

Total 60