Reference no: EM132878616

Resources: Virtual Organizations

Choose an organization for this assignment from one of the following resources:

Virtual organizations located on the student website or....

An organization with which you are familiar

1. Differentiate at least two or three key elements for each of the four primary forecasting techniques and how they apply to your chosen organization.

2. Analyze the impact of production plans, master production schedules, rough-cut capacity planning, workforce size, and carrying inventory as they relate to budgets for your chosen organization.

3. Depending on whether the organization you selected is a manufacturing or service organization, compare and contrast how material requirements planning usage would be different for this organization and one of the opposite types of organizations.

4. Compare and contrast the use of material requirements planning system concepts for your chosen organization.