Industrial Systems: Planning, Analysis, Control

ACTIM activity ACTRES algorithm allow analysis applicable approach Arizona State University assigned assumed automation average inventory batch beta distribution calculated Central Limit Theorem Chapter combination complete considered constraint control chart control digital computer critical path cycle demand determine developed Direct Cost dynamic programming economic order quantity element Equation error estimates evaluated EVOP Example Problem exponential smoothing feasible forecast function Gantt chart given in Figure given in Table gives graphical information system initial inventory control inventory level iteration limits line balancing linear linear programming machine maximize maximum minimize minimum node operations optimization optimum overall period PERT pieces of data planning polynomial possible prediction probability procedure production profit random numbers regression result safety stock sequence shown in Figure simulation solution stage standard deviation storage tableau technique time-series time-series analysis units utilized variables zero