Durable goods and nondurable goods industries

Assignment Help Operation Management

Reference no: EM131437748

The U.S. Census Bureau publishes data on factory orders for all manufacturing, durable goods, and nondurable goods industries. Shown here are factory orders in the United States over a 13-year period ($ billion). Year Factory Orders ($ billion) 1 2,512.7 2 2,739.2 3 2,874.9 4 2,934.1 5 2,865.7 6 2,978.5 7 3,092.4 8 3,356.8 9 3,607.6 10 3,749.3 11 3,952.0 12 3,949.0 13 4,137.0 (Round the answers to two decimal places.) Use these data to develop forecasts for the years 6 through 13 using a 5-year moving average. F13= e13= Use these data to develop forecasts for the years 6 through 13 using a 5-year weighted moving average.Weight the most recent year by 6, the previous year by 4, the year before that by 2, and the other years by 1. Compute the error of the forecast. F13(weighted)= e13(weighted)=

Reference no: EM131437748

Questions Cloud

Why did you ignore the base rates : Why did you/they ignore the base rates? What other statistically relevant factors did you/they fail to incorporate? How could you have altered the framing of the situation to make a better decision?

Discuss the major factors for overdraft of a business : Gainsborough Fashions Ltd operates a small chain of fashion shops in North Wales. In recent months the business has been under pressure from its suppliers to reduce the average credit period taken from three months to one month.

Produce high-quality products : "Manufacturers are responsible for ensuring that they produce high-quality products. If a product fails, for whatever reason, the manufacturer should be held legally and financially accountable for the failure."

Healthcare policy impact various stakeholders : How does healthcare policy impact various stakeholders in the healthcare industry? Examine the role of lobbyists and their role in the Affordable Care Act. Should lobby groups advocate for or against specific programs within the healthcare industry? ..

Durable goods and nondurable goods industries : The U.S. Census Bureau publishes data on factory orders for all manufacturing, durable goods, and nondurable goods industries. Shown here are factory orders in the United States over a 13-year period ($ billion). Year Factory Orders ($ billion) 1 2,5..

Prepare a summary document using the required format : Identify a health problem in the US Health Care sector from the list below. Prepare a summary document using the required format. The table should be single spaced and total no more than 2.5 pages in 11 to 12 point font.

Understanding of life stage models of career development : Career Management and Development is a complex topic involving an understanding of life stage (Erickson and Levinson Models), models of career development, individual and organizational approaches to career management, roles in career management (ind..

What that means to your education and your career : You learned about personal branding and what that means to your education and your career. Your assignment this week is to define your personal brand.

Cause for taking a disciplinary action : How does an arbitrator determine that a company had just cause for taking a disciplinary action? What remedy might an arbitrator choose if a company did not have just cause? Will the process be different if the organization does not have union rep..

User Account

All Pages