Production and Operation Management - Lec 13-Time Series Forecasting- Working Example Of Exponential Smoothing III
Master Production & Operations Management: From Forecasting to Lean Techniques with IIT Roorkee - Elevate Your Expertise in Manufacturing Systems, Quality Control, and Project Management!
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11 learners
What you'll learn
Understand the principles and applications of production and operations management.
Analyze different types of manufacturing and service systems and their characteristics.
Apply forecasting techniques and inventory models to optimize production planning.
Evaluate quality management practices and statistical tools for process improvement.
This course includes
35 hours of video
Certificate of completion
Access on mobile and TV
Summary
Full Transcript
This lecture comes with some numerical examples of exponential smoothing where three smoothing constants (alpha, beta and gama) are used.
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