A Behavioral Simulation Model of Forecasting and Production Scheduling in a
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
US$ 17.75
Quantity: Over 20 available
Add to basketItem description from seller
Print on Demand. This book presents a simulation model that examines the impact of different 'players' on forecasting and production scheduling in a datacommunications company. The author identifies the information that influences each 'player' and their role in decision-making, exploring how their choices and actions interact to balance supply and demand in the factory. Through diagrams and simulations, it investigates how business planners, schedulers, and customers work together, demonstrating the feedback loops that can lead to self-fulfilling forecasts and suppressed demand. The author proposes two interval control policies to prevent this issue, arguing that a routine policy at the level of schedulers and planners is necessary to rapidly detect bias in the forecast and compensate for it by scheduling production in excess of the forecast. By examining the dynamics of production and customer ordering in a datacommunications company, this book provides valuable insights into the complexities of forecasting and production scheduling in a fast-moving industry. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…
Seller Inventory # 9781332252596_0
- Title
- A Behavioral Simulation Model of Forecasting and Production Scheduling in a
- Author
- John D. W. Morecroft
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1332252591
- ISBN 13
- 9781332252596
- Seller catalogs
- Business
This book presents a simulation model that lets you step into the roles of forecasters, schedulers, and account executives. It shows how forecasts are adjusted in light of credibility, inventory pressures, and delivery expectations, then translated into production plans over a multi-month horizon. You’ll see how the interactions of customers, sales teams, and factory planners shape deliveries and schedules.
- See how forecast ideas become production plans across a six-month window.
- Learn how unexpected orders and finished inventory influence scheduling decisions.
- Explore how finished inventory acts as a buffer to stabilize delivery intervals.
- Understand the feedback loops that connect marketing, forecasting, and shop-floor execution.
Ideal for readers interested in production planning, forecasting, and the dynamics of order management in a manufacturing setting.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
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Store description
Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
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