/  Quantitative Measurements For Logistics Training

Quantitative Measurements For Logistics Training

BMC Training provides a training course in Quantitative Measurements For Logistics in Warehouse , Logistics , Supply Chain and Inventory

Course Title
Venue
Start Date
End Date
  • Kuala Lumpur
    7 - 10 - 2018
    25 - 10 - 2018
  • Istanbul
    21 - 10 - 2018
    2 - 11 - 2018
  • Paris
    21 - 10 - 2018
    2 - 11 - 2018
  • Muscat
    7 - 10 - 2018
    25 - 10 - 2018
  • London
    4 - 11 - 2018
    22 - 11 - 2018
  • Dubai
    11 - 11 - 2018
    29 - 11 - 2018
  • Kuala Lumpur
    16 - 12 - 2018
    3 - 1 - 2019
  • Istanbul
    9 - 12 - 2018
    27 - 12 - 2018
  • Paris
    9 - 12 - 2018
    27 - 12 - 2018
  • Muscat
    16 - 12 - 2018
    3 - 1 - 2019
  • London
    13 - 1 - 2019
    31 - 1 - 2019
  • Dubai
    20 - 1 - 2019
    7 - 2 - 2019
  • Kuala Lumpur
    24 - 2 - 2019
    14 - 3 - 2019
  • Istanbul
    17 - 2 - 2019
    7 - 3 - 2019
  • Paris
    17 - 2 - 2019
    7 - 3 - 2019
  • Muscat
    24 - 2 - 2019
    14 - 3 - 2019
  • London
    3 - 3 - 2019
    21 - 3 - 2019
  • Dubai
    10 - 3 - 2019
    28 - 3 - 2019
  • Kuala Lumpur
    21 - 4 - 2019
    9 - 5 - 2019
  • Istanbul
    14 - 4 - 2019
    2 - 5 - 2019
  • Paris
    14 - 4 - 2019
    2 - 5 - 2019
  • Muscat
    21 - 4 - 2019
    9 - 5 - 2019
  • London
    19 - 5 - 2019
    6 - 6 - 2019
  • Dubai
    5 - 5 - 2019
    23 - 5 - 2019
  • Kuala Lumpur
    9 - 6 - 2019
    27 - 6 - 2019
  • Istanbul
    16 - 6 - 2019
    4 - 7 - 2019
  • Paris
    16 - 6 - 2019
    4 - 7 - 2019
  • Muscat
    9 - 6 - 2019
    27 - 6 - 2019
  • London
    21 - 7 - 2019
    8 - 8 - 2019
  • Dubai
    14 - 7 - 2019
    1 - 8 - 2019
  • Kuala Lumpur
    11 - 8 - 2019
    29 - 8 - 2019
  • Istanbul
    25 - 8 - 2019
    12 - 9 - 2019
  • Paris
    25 - 8 - 2019
    12 - 9 - 2019
  • Muscat
    11 - 8 - 2019
    29 - 8 - 2019
  • London
    8 - 9 - 2019
    26 - 9 - 2019
  • Dubai
    15 - 9 - 2019
    3 - 10 - 2019

Introduction

Covering every major area of logistics, this comprehensive course examines break-even analysis, depreciation methods, forecasting, inventory computations, learning curves, maintenance management, quality control, queuing theory, repair level analysis, statistics and much more.

On completion of this course you should be able to: 

  • Gain an understanding of useful state-of-the-art logistics tools, methods, and concepts
  • Apply the detailed measurements followed by supporting calculations
  • Subject and topic definitions included throughout the course
  • Use numerous military and business applications
  • Discuss Break-Even Analysis, Forecasting Methods, PERT Computations, and Logistics Activities with great clarity.

Course Outline

Acceptance Sampling

  • Sequential Probability Ratio Test
  • Sequential Sampling Technique

Availability Computations

  • Introduction to Availability
  • Inherent, Achieved, and Operational Availability
  • Types of Availability
  • Supportability Measured

Break-Even Analysis

  • Break-Even Sales
  • Fixed Costs Vs. Variable Costs
  • Break-Even Dollar Sales Point, Unit Sales Point, and Repairs Vs. Spares
  • Make or buy
  • Repair or Replace

Combinational Analysis and Probability

  • Combinations, Permutations, and Probability
  • Addition Theorem
    • Independent Events
  • Multiplication Theorem
    • Independent Events
    • Mutually Exclusive Events
    • Multiple Independent Events
  • Conditional Probability

Depreciation Methods

  • Diminishing Value
    • Double Declining Balance
  • Prime Cost
    • Straight Line

Forecasting Methods

  • Correlation coefficient
  • Curve Fitting
  • Exponential Smoothing
  • Interpolation/ Exploration (Simplified/Linear)
  • Linear Regression
  • Moving Average
  • Weighted Average
  • Calculating Forecasting Error

Inventory Computations

  • Average Inventory
  • Economic order Quantity
  • Economic Production Lot Size
  • Cost of Inventory Supply and Cost of Orders
  • Daily Demand
  • Inventory Holding Costs
  • Operating Level
  • Safety and Stockage Levels
  • Learning Curve Theory

Life Cycle Cost

  • Life Cycle Cost Interfaces
  • Classification of Costs
  • Present Value of Life Cycle Costs
  • Project Life Cycle Cost
  • Sensitivity

Maintenance Management

  • Mission Capability
  • Assessments, Evaluation, and Inspections
  • Break Rate, Fix Rate and Cannibalization Rate
  • Deferred and Repeat Maintenance Discrepancies
  • Maintenance-Induced Mishaps
  • Support Equipment Mission Capable Rate

Maintenance Time Management

  • Human Motion
  • Work Analysis
  • Accessibility
  • Fatigue
  • Hazard Ranking System
  • Severity
  • Probability
  • Frequency
  • Location
  • Proximity
  • Duration
  • Environment

Managerial Accounting

  • Efficiency
    • Accounts Payable Turnover
    • Accounts Receivable Turnover
    • Cash Turnover
    • Inventory Fill Ratio
    • Inventory Turnover
  • Liquidity
    • Cash Ratio
    • Current Ratio
    • Quick Ratio (Acid Test)
    • Working Capital
  • Profitability
    • Capital Debt
    • Cost of Goods Sold to Sales
    • Gross Profit Margin
    • Long-Term Debt to Net Working Capital
    • Sales Growth
  • Safety
    • Selling, General, and Administrative Expenses to Sales
    • Debt Coverage Ratio
    • Debt to Equity

PERT/ CPM Computations

  • Work Breakdown Structure
  • Critical Path Method
  • Project Evaluation and Review Technique
  • Development Rules
  • Expected time
  • Estimate to Achieve Desired Probability
  • Probability of Meeting Projected Time
  • Variance

Project Earned Value Analysis

  • Earned Value Metrics
  • Variances
    • Cost Variance
    • Schedule Variance
    • Cost Performance Index
    • Schedule Performance Index
  • Estimate at Completion
    • Using Estimate to Complete
    • Using the Cost Performance Index
    • Using Historical Data
  • Anticipated Task Completion Date

Statistics

  • Average Deviation
  • Coefficient of Variation
  • Distribution (Normal Bell-Shaped Curve)
  • Mean
  • Mean (Weighted Average)
  • Standard Deviation
  • Percent of Maintenance
  • Upper/Lower Confidence Levels

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