Principles of Industrial Engineering - Forecasting

Name: Principles of Industrial Engineering - Forecasting
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Learn how to apply the useful forecasting techniques of industrial engineering as taught in this free online course.

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Learning Outcomes

In this free course, you will learn how to:

Define the role of forecasting in industrial engineering
Explain the principles, techniques and applications of forecasting in operational management
Outline the methods used for forecasting possible demands and their applications
Explain the quantitative methods of forecasting
Identify the components of demand
Explain forecasts using the exponential smoothing method
Analyze the methods of forecasting using the seasonality factor
Discuss how to relate independent variables with dependent variables

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