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Full-Text Articles in Business
Scheduling A Medium-Sized Manufacturing Shop: A Simulation Study, Daniel J. Mcfeely
Scheduling A Medium-Sized Manufacturing Shop: A Simulation Study, Daniel J. Mcfeely
Theses and Dissertations
This study examined the application of simple-to-use, low cost scheduling methods to the operating environment of a medium-sized manufacturing shop. Computer simulation was used to evaluate eighteen different scheduling algorithms, each the result of the combination of a loading and a sequencing rule; due date setting was not considered since due dates are exogenously set. The loading rules investigated were Minimum Machine Required, Lowest Average WIP, and Lowest Average Aggregate Priority Level. The sequencing rules investigated were Priority, EDD, FIS, SPT, Slack, and Slack Ratio. The scheduling algorithms were evaluated against performance measures of mean tardiness, mean flowtime, mean percentage …
The Process Of Pension Forecasting, Michael Sze
The Process Of Pension Forecasting, Michael Sze
Journal of Actuarial Practice (1993-2006)
This paper explains the process of pension forecasting. It discusses the common purposes and uses of pension forecasts, the major steps involved, and the principal limitations of these forecasts. Some insights into each stage of the forecasting process are provided. Among the stages discussed are: the background research to be performed; the selection of scenario assumptions; shortcuts used in the actual performance of the forecast; review of the forecast results; and communication of the forecast findings.