This technical note presents material on procedures and techniques for forecasting over the next year. Specifically, methods for measuring forecast accuracy and the techniques for time-series forecasting using exponential smoothing with trend and seasonality are presented. Ways of monitoring...

This case exposes students to refinements in JIT (just-in-time) purchasing. It explains in detail Bose's concept of JIT II, how it operates, and what its advantages and disadvantages are. Students can critique the JIT II idea and decide whether it should be extended to parts that are used in...