GMS 804 Study Guide - Final Guide: Top Priority, Offshoring, Carrying Cost

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 804
• Professor: Hossein Zolfagharinia

Document Summary

Evaluate erp vendors identifying which vendor"s erp modules most closely match the mapped organization"s processes. 1: determine cycle time available production time per time period desired number of units per time period, determine theoretical minimum number of. Cycle time: assign tasks to workstations, compute efficiency. Identify steps to efficiently unify modules with processes. All previous models work only for a level pattern. Forecast should be modified to account for a trend in the data. It is a simple modification of the exponential smoothing model we just discussed. Where: fitt+1 = forecast including trend for next period. Tt+1 = trend factor for next period, t+1. Tt = trend factor for current period, t. = smoothing constant for the trend adjustment factor (between 0 and 1) Marketing: marketing is the function responsible for linking the organization to its customers and is concerned with the. Idea development: product screening, preliminary design testing, final design.