Introduces Production Management strategies, dynamics, value networks, and activities, with examples like watch manufacturing and cold-pressed juicing.
Explores demand forecasting through model initiation, including trend identification, seasonal components, and base level determination, to validate and monitor forecast errors.
Explores inventory management principles, decision variables, costs, and models like EOQ and EPQ, including challenges in implementing optimal order quantities.
Explores smart, connected products and their transformative impact on companies, covering artificial intelligence, machine learning, predictive models, forecasting methods, and more.
