MAN 575 KU Forecasting the Returns of Cryptocurrency Article Summary
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Write a review on 3 articles relating to your final research topic.
Precious metals, Crypto Currency production/manufacturing, and fiat risk 2019 & beyond – (Identify several articles with forecasting models for currency (fiat, crypto and metals). Then develop an operations plan for manufacturing the best option (or the best mix) for manufacturing Forecast Model is the topic for the final research paper
Chapter 3 – In operations management, we forecast a wide range of future events, which could significantly affect the long-term success of the firm. Most often, the basic need for forecasting arises in estimating customer demand for a firm’s products and services. However, we may need aggregate estimates of demand as well as estimates for individual products. In most cases, a firm will need a long-term estimate of overall demand as well as a shorter-run estimate of demand for each individual product or service. Short-term demand estimates for individual products are necessary to determine daily or weekly management of the firm’s activities such as scheduling personnel and ordering materials. On the other hand, long-term estimates of overall or aggregate demand can be used in determining company strategy, planning long-term capacity and establishing facility location needs of the firm.
Chapter 4 – This chapter focuses on the design of products and services. The main topics in this chapter include:
The reasons, trends, and objectives of Product and Service Design.
The Design Process (Designing for mass customization, reliability, robust design, etc.).
Research and Development.
Standardization.
Product Design (concurrent engineering, computer aided design, remanufacturing).
Service Design.
Quality Function Deployment.
Operations Strategy.
Chapter 4s – The main topics of this chapter are:
Quantifying Reliability
Availability
- Improving Reliability
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