Optimizing Operations Using Demand Forecasting and Capacity Management

  • 8 Videos | 31m 21s
  • Includes Assessment
  • Earns a Badge
  • Certification CPE
  • Certification PMI PDU
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It's a fact that market trends are constantly changing. Failure to adapt to these changes may result in your organization losing its competitiveness – and, ultimately, customers. To take advantage of these shifting forces, businesses must implement an effective operations management strategy that matches market demands. In this course, you’ll learn about demand forecasting and capacity management, two techniques that can optimize your organization’s operations to handle market trends and meet the challenges of supply and demand. You'll also learn about demand patterns, a process for forecasting demand, and strategies for managing your organization's capacity.

WHAT YOU WILL LEARN

  • match customer demand trends with the patterns that illustrate them
    identify the major demand forecasting variables
    sequence the stages in the demand forecasting process
    match models for forecasting demand to specific forecasting methods
  • recognize the characteristics of level, or fixed, strategies for managing capacity
    match capacity management strategies that involve chasing demand to their descriptions
    recognize characteristics of demand management strategies

IN THIS COURSE

  • Playable
    1. 
    Optimizing Operations Using Demand Forecasting and Capacity Management
    43s
    UP NEXT
  • Playable
    2. 
    Recognizing Trends in Customer Demand
    3m 20s
  • Locked
    3. 
    Demand Forecasting Variables
    3m 5s
  • Locked
    4. 
    A Process For Forecasting Demand
    3m 7s
  • Locked
    5. 
    Demand Forecasting Models and Methods
    3m 16s
  • Locked
    6. 
    Managing Capacity By Keeping Production Level
    3m 4s
  • Locked
    7. 
    Managing Capacity By Chasing Demand
    3m 2s
  • Locked
    8. 
    Managing Capacity By Managing Demand
    2m 44s

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

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