All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |
SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: |
Perform forecasting in a manufacturing environment |
SAQA US ID | UNIT STANDARD TITLE | |||
377382 | Perform forecasting in a manufacturing environment | |||
ORIGINATOR | ||||
SGB Manufacturing and Assembly Processes | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 06 - Manufacturing, Engineering and Technology | Manufacturing and Assembly | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular | Level 5 | NQF Level 05 | 8 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "Reregistered" |
2018-07-01 | 2023-06-30 | SAQA 06120/18 | |
LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
2024-06-30 | 2027-06-30 |
In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise. |
This unit standard does not replace any other unit standard and is not replaced by any other unit standard. |
PURPOSE OF THE UNIT STANDARD |
This unit standard is required by people working in the manufacturing environment and who need to know about and be able to use qualitative and quantitative forecasting techniques and models. Learners credited with this unit standard are able to: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
UNIT STANDARD RANGE |
Specific range statements are provided in the body of the unit standard where they apply to particular outcomes or assessments. |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Discuss forecasting. |
OUTCOME RANGE |
Give examples from a manufacturing environment. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Forecasting is described taking into consideration the manufacturing and operations management environments. |
ASSESSMENT CRITERION RANGE |
Forecasting includes but id not limited to forecast interval, forecast horizon. |
ASSESSMENT CRITERION 2 |
The reasons for performing forecasting are discussed using given data. |
ASSESSMENT CRITERION RANGE |
Reasons include but are not limited to independent demand, dependant demand. |
ASSESSMENT CRITERION 3 |
The purpose of forecasting is explained in line with Operations Management Body of Knowledge (OMBOK). |
ASSESSMENT CRITERION 4 |
The value of forecasting is explained using given examples. |
ASSESSMENT CRITERION 5 |
The importance of accuracy in forecasting is discussed using given data. |
ASSESSMENT CRITERION 6 |
Limitations of forecasting are discussed using given data. |
SPECIFIC OUTCOME 2 |
Describe qualitative forecasting techniques. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Qualitative forecasting techniques are defined in line with Operations Management Body of Knowledge (OMBOK). |
ASSESSMENT CRITERION 2 |
The differences between guessing, expert opinion and projection are explored according to their uses. |
ASSESSMENT CRITERION 3 |
The purpose of qualitative forecasting techniques is discussed using given examples. |
ASSESSMENT CRITERION 4 |
Positive and negative implications of qualitative forecasting techniques are explained using examples. |
SPECIFIC OUTCOME 3 |
Describe and apply quantitative forecasting techniques. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Quantitative forecasting techniques are defined and discussed with examples. |
ASSESSMENT CRITERION RANGE |
Techniques include but are not limited to judgmental forecast, time series forecast, causal forecasting. |
ASSESSMENT CRITERION 2 |
Quantitative forecasting is expressed in terms of extrinsic and intrinsic forecasting using examples. |
ASSESSMENT CRITERION 3 |
The purposes of quantitative forecasting are discussed in line with Operations Management Body of Knowledge (OMBOK). |
ASSESSMENT CRITERION 4 |
Forecasting techniques are applied as per requirement. |
ASSESSMENT CRITERION 5 |
The life cycle of a product and its application in forecasting are described using given data. |
SPECIFIC OUTCOME 4 |
Describe and apply quantitative forecasting models. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
A number of quantitative forecasting models are explained with examples. |
ASSESSMENT CRITERION RANGE |
Models include but are not limited to time series pattern, horizontal pattern. |
ASSESSMENT CRITERION 2 |
Different trends are described using examples. |
ASSESSMENT CRITERION 3 |
Seasonality and cyclicality are described using given data. |
ASSESSMENT CRITERION 4 |
Formulae are discussed with examples from the workplace. |
ASSESSMENT CRITERION 5 |
Quantitative forecasting models are used as per requirements. |
SPECIFIC OUTCOME 5 |
Explain the role of tracking forecast error. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The importance of forecasting in terms of customer service is explained according to procedures. |
ASSESSMENT CRITERION 2 |
Forecast error is defined and explained using examples. |
ASSESSMENT CRITERION 3 |
The term "back order" is defined and explained using examples. |
ASSESSMENT CRITERION 4 |
The notion of "absolute difference" is described, explained and calculated according to procedures. |
ASSESSMENT CRITERION 5 |
Biasness in calculations is explained with examples. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems and make decisions using critical and creative thinking when differentiating between qualitative and quantitative forecasting techniques and using them appropriately. |
UNIT STANDARD CCFO WORKING |
Work effectively with others as members of a team, group, organization or community to forecast of demand and supply. |
UNIT STANDARD CCFO ORGANISING |
Organise and manage themselves and their activities responsibly and effectively when performing forecasting using the various techniques and models. |
UNIT STANDARD CCFO COLLECTING |
Collect, analyse, organize and critically evaluate information to use a particular forecasting technique. |
UNIT STANDARD CCFO SCIENCE |
Use science and technology effectively and critically in the day-to-day forecasting activities. |
UNIT STANDARD ASSESSOR CRITERIA |
N/A |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. |
UNIT STANDARD NOTES |
N/A |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Elective | 57712 | Further Education and Training Certificate: Generic Management | Level 4 | NQF Level 04 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | As per Learning Programmes recorded against this Qual |
PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: |
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here. |
NONE |
All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source. |