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Exam_2_Formula_Sheet

# Exam_2_Formula_Sheet - SCM 372 Exam 2 Formula Sheet...

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Page 1 of 2 SCM 372 Exam 2 Formula Sheet Required cycle time = C = (Production time per period) / (Required output per period) Theoretical minimum number of work stations = ; where T is the sum of the task times and C is the required cycled time Line Balance efficiency = ; where N a is the actual number of work stations Capacity Utilization = (Capacity Used)/(Best Operating Level) Expected Value = where p i is the probability of event i and v i is the value of event i Forecast using Simple Moving Average: where A i is the actual demand during period i and n is the number of periods Forecast using Weighted Moving Average: such that where w i is the weight applied to period i Forecast using Exponential Smoothing: where α is the smoothing constant Forecast including Trend = Where F i is the forecast for period i and T i is the trend component for period i , where α is a smoothing constant , where β is a smoothing constant Mean Absolute Deviation = Running Sum of Forecast Errors = Tracking Signal =

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Exam_2_Formula_Sheet - SCM 372 Exam 2 Formula Sheet...

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