Choose an organization for this assignment from one of the following resources:
- Virtual organizations located on the student website (Riordan Mfg)
- An organization with which you are familiar (Pick any you want)
Write a 1,400- to 1,750-word paper in which you include the following:
- Differentiate at least two or three key elements for each of the four primary forecasting techniques and how they apply to your chosen organization.
- 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.
- 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.
- Compare and contrast the use of material requirements planning system concepts for your chosen organization.