Quantitative and Quantitative Topics - strategic management

Be prepared to compute the following: 1. Productivity a. Productivity per hour b. Percent change in productivity c. Single factor productivity 2. Factor rating— a. Weighted tables for choosing from among alternatives b. Location decisions 3. Forecasting a. Naïve forecast b. Moving average c. Weighted moving average d. Exponential smoothing e. Linear regression 4. Mean Absolute Deviation (MAD) 5. Mean Squared Error (MSE) 6. Control charts---control limits 7. Normal distribution—probability 8. Bottleneck and capacity analysis 9. Location decision factor rating—setup factor rating grid, interpret 10. Layout strategies a. Cycle time b. Minimum number of workstations c. Mass customization 11. Linear Programming a. Decision variables b. Objective function c. Constraints d. Feasibility/infeasibility e. Optimality