OPERATIONS MANAGEMENT
latngu- Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan
- Create a sales forecast for electric fans using selected techniques
- Develop Aggregate Production Plan, Master Schedule, and Materials Requirement Plans for electric fans based off the sales forecast. Be sure to include the following:
- The determination of inventory requirements of the electric fans component parts and finished goods
- The selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements
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