Operations Management: Theory and Problems

activities aggregate planning amount analysis assembly average break-even capital carrying costs Chapter chart components constraints cumulative customers cycle decision demand depreciation developed distribution economic economic order quantity employees equation equipment equivalent annual cost estimated evaluation example expected value exponential smoothing facilities factors Figure firm fixed costs flow forecast function hours of slack inputs inventory control investment job design labor layout linear programming load machine master schedule material requirements plan materials handling materials management methods minimize minutes moving average MRP system normally distributed objective operations management optimal order point order quantity order release organization output percent period planned order plant present value priority problem production and inventory profit purchase rate of return regression requirements safety stock salvage sample selection shown solution specific standard deviation stockout suppliers supply techniques trend units variable costs week workers