Module 8 : Forcasting

Forecasting is essential for a number of planning decisions

LONG TERM DECISIONS
- New Product Introduction
- Plant Expansion

MEDIUM TERM DECISIONS
- Aggregate Production Planning
- Manpower Planning
- Inventory Policy

SHORT TERM DECISIONS
- Production planning
- Scheduling of job orders
1
Page 11 - 20
Prof.S.G.Deshmukh & Prof.Arun Kanda