OPERATION MANAGEMENT OF BAJAJ AUTO LTD.
1 Chapter 16 When demands are unknown, expected values are the keys for deciding how much to order and how often. Inventory Decisions with Uncertain Factors.
1 1 Slide © 2008 Thomson South-Western. All Rights Reserved Slides by JOHN LOUCKS St. Edward’s University.
GROUP MEMBERS AMARASENA R.G.C. (061004D) DE MEL W.R. (061013E) DOLAPIHILLA I.N.K. (061017U) KUMARAJITH R.M.E. (061031G)
1.Explain role of demand management 2.Differentiate between demand management and forecasting 3.Describe various forecasting procedures 4.Develop forecast.