After completing the simulation, capture a screen image of your final simulation results, which are to be included in your critical thinking operations management assignment as an appendix item.
The Operations Management Forecasting assignment content must include the following:
Introduction: Explain the purpose or thesis of the paper, and explain how the body of the paper is arranged to support the purpose of the paper.
Provide a brief definition of operations management forecasting and identify why it is important in an organization’s operations.
Provide a brief overview of the forecasting simulation.
Describe your strategy for performing the forecasting simulation.
Describe at least three operations management forecasting methods, principles, or techniques experienced in the forecasting simulation.
Itemize at least three lessons learned from the forecasting simulation.
Conclusion: Present a recap of key points and summary of main emphasis without repeating verbatim and exclusive of new information.
References: Include at least two current scholarly references (published within the past five years) in addition to the course text.
Appendix: Forecasting simulation results. The Appendix page should be its own page after your reference page, with the header: Appendix, with your screenshot below.
Submit your Critical Thinking assignment document(s) to the Module 2 submissions area established for this purpose. Per the assignment rubric, a portion of your evaluation is based on your simulation results.
Option #1: Operations Management Forecasting Paper
This Critical Thinking assignment option consists of two activities: 1) Performing the Pearson MyOMLab Forecasting Simulation, and 2) a written operations management forecasting paper.
Your written operations management forecasting paper must contain titled sections corresponding to the content requirements and comply with APA. The length of the paper, in addition to the title and reference pages, should be 4-6 pages. Please write clearly, concisely, and cohesively.
Please adhere to the detailed instructions contained in the Critical Thinking: Operations Management Forecasting Common Instructions section above.
Critical Thinking Rubric
Criteria Meets Expectation
Content, Research, and Analysis
Content 17-20 Points
Demonstrates strong or adequate knowledge of forecasting in operations management;
correctly represents knowledge from the readings and sources.
Requirements 9-10 Points
Includes all of the required components, as specified in the assignment, including final results
from the forecasting simulation.
Critical Analysis 17-20 Points
Provides a strong critical analysis and interpretation of forecasting in operations management.
Sources 9-10 Points
Sources or examples meet required criteria and are well chosen to provide substance and
perspectives on the issue under examination.
Forecast Simulation Performance 9-10 Points
Performed the entire simulation with the MAPE outcome at or below 23%
Mechanics and Writing
Demonstrates college‐level proficiency in organization, grammar and style 9-10 Points
Project is clearly organized, well written, and in proper essay format as outlined in the
assignment. Strong sentence and paragraph structure; few errors in grammar and spelling.
Demonstrates proper use of APA style 9-10 Points
Project contains proper APA formatting, according to APA requirements, with no more than one
Total points possible = 90
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