Problem 1
Chapter 6: Read the case â€œLean Systems at Autolivâ€ . Discuss process and supply chain considerations presented in the chapter as they relate to Autolivâ€™s manufacturing environment. Discuss at least 3 considerations and clearly explain how each helps Aultoliv to minimize which of the 8 types of waste listed in Table 6.1 on page 214 of the textbook (about 300-400 words).
Problem 2
Chapter 8: An intensive care unit manager would like to forecast the number of inpatient admissions for the next year. Inpatient admissions for the unit over the past 10 years are shown in the following table.
Year 1 2 3 4 5 6 7 8 9 10
Admissions 321 345 330 368 405 395 456 469 474 465
a) Prepare a forecast for admissions for years 4 through 11 by using a three-year moving average method.
b) Calculate the mean squared error (MSE) for the three-year moving average method, with error measurement beginning in year 4.
c) Assume that the initial forecast for year 1 is 340 admissions. Prepare a forecast for admissions for years 2 through 11 by using an exponential smoothing method with Î± = 0.30.
d) Calculate the mean squared error (MSE) for the exponential smoothing method with Î±= 0.30, with error measurement beginning in year 4.
e) Compare the performance of the two forecasting methods by using MSE as the performance criterion. Which method would you recommend based on MSE? Why?
Problem 3
Chapter 8: Read the case â€œForecasting and Supply Chain Management at Deckers Outdoor Corporationâ€ (attached) and provide a discussion on the following questions (about 300-400 words).
a) What factors make forecasting at Deckers particularly challenging?
b) How can forecasts be made for seasonal, fashionable products for which there is no history file?

Problem 1 Chapter 6: Read the case â€œLean Systems at Autolivâ€ ....

Problem 1 Chapter 6: Read the case â€œLean Systems at Autolivâ€ ....