revision

1. dealing with the differences in demand and supply

the set of activities to understand the nature of d and s and their mistmatches- forcasting planning control and response

2. these are what the organisation wants to target eg costs, working capital, flexibility and dependability

cosidered on an aggragated level, costs revenue working capital quality of service speed of response dependability and flexibility

3. these are quantative and qualatitive methods of capacity planning

qualatitive and quanttivie methods

4. panel- forcasting the demand with a panel this is hard to monitor often the loudest get their way

   delphi- group of experts a questionaiire

   scenario planning

panel- focus groups and panel members will discuss future demand hard to come to a conclusion and the loudest win

delphi- more formal a set of questions to panel experts which is analysed and weighted

scenario planning- range of fututre scenarios which are analysed

5. time series- looking over time at previous demands

   casual- c and e of these demands

time series- analysing time series by removing anomolies to predict future behaviour

casual- c and e between 2 variables → regression analysis

6. through

the max level of value added activity over a period of time that the process can acheive under normal operating conditions

7. design theoretical

   effective after planned losses

   acutal after planned and unplanned losses

8. yield profit management

price differentials promoting constraining customer acces service differnetials alt p and s

9. f

10. base capacity is

minlevel of i needed to maintian operations requirment

11. level

maintain a consistent level of inventory

12. chase

very across times dependant on future demand

cumulative reoresntations

queing

longditudinal