George has forecasted that annual demand for his sailboats

Assignment Help Operation Management
Reference no: EM131434389

George Kyparisis owns a company that manufactures sailboats. Actual demand for? George's sailboats during each of the past four seasons was as? follows:

          Season   1   2   3   4

Winter   1,440   1,280   1,080   920

Spring   1,520   1,440   1,620   1,500

Summer   1,000   2,140   2,040   2,000

Fall   640   770   690   520

George has forecasted that annual demand for his sailboats in year 5 will equal 6000 sailboats.  

Based on the given data and using the multiplicative seasonal? model, the demand level for? George's sailboats in the spring of year 5 will be

nothing

sailboats ?(enter a whole ?number).

Reference no: EM131434389

Questions Cloud

Leadership style on the basis of the course literature : Analyze and describe your own leadership style on the basis of the course literature and discussions. Those who had never before been formal leaders could instead choose to describe themselves in any informal leadership role they had experienced (suc..
What is the economic order quantity for the material : A particular raw material is available to a company at three different prices, depend­ing on the size of the order: (1) less than 100 pounds is $20/pound, (2) 100 pounds to 1,000 pounds is $19/pound, and (3) more than 1,000 pounds is $18/pound. Holdi..
Sexual harassment accused by woman against another woman : Chronic tardiness and absenteeism because the employee is taking care of an aging parent. Sexual harassment accused by a woman against another woman. "Fudging" the accounts receivable documents or inventory control documents. Make a list of steps to ..
Prepare outline of the five overarching sources of change : Prepare an outline of the five overarching sources of change. Discuss how these factors are reshaping the practice of management. Include in your essay suggestions for how this manufacturing firm that specializes in building powerboats can leverage t..
George has forecasted that annual demand for his sailboats : George Kyparisis owns a company that manufactures sailboats. Actual demand for? George's sailboats during each of the past four seasons was as? follows: George has forecasted that annual demand for his sailboats in year 5 will equal 6000 sailboats.
Socrates depiction of human nature and justice : Distinguish Glaucon's view of human nature and justice forms socrates depiction of human nature and justice. What are the major differences? Conclude With a brief reflection on which is the more convincing position and why?
Explains why HR management is important to all managers : Changes within the workplace that are occuring today include all the following except: the Equal employment opportunity commission was instituted by the passage of: all the following are things an employer should do about sexual harassment claims, ex..
Why are stereotypes of women dangerous in the workplace : What is data mining? Compare data warehouses, data marts, and data mining. How can they be integrated into business strategies? Why are stereotypes of women dangerous in the workplace and what stereotypes have you noticed in the media or in the workp..
Disadvantages of e-commerce versus regular commerce : Explain and elaborate the advantages and disadvantages of e-commerce versus regular commerce. Research and compare the trend of e-commerce versus regular commerce in US since 2010. You need to show this trend graphically

Reviews

Write a Review

Operation Management Questions & Answers

  What are benefits to employers and employees of drug testing

You should specifically address issues such as union contracts and the ADAA in your answer. What are the benefits to employers and employees of drug testing? What are the costs? Under what conditions would the benefits outweigh the costs?

  Visionary business leadership and management

A very important, yet often overlooked, aspect of effective and visionary business leadership and management, requires that owners and senior executives focus on the potential _________________ for key employees, especially the best educated and expe..

  Evaluate the efficiency and effectiveness of the process

Evaluate the efficiency and effectiveness of the process selected in Week Two using the data collected. Determine areas for improvement

  Flow line mass production operation consists of eight manual

A flow line mass production operation consists of eight manual workstations. Work units are moved synchronously and automatically between stations, with a transfer time of 15 sec. Determine cycle time for the line, time to process one work unit throu..

  Recognize five key economic variables which could represent

identify five key economic variables that could represent major opportunities or threats to a bank in your town or

  Evaluate the research problem using the problem statement

Explain what it means for a research study to be justified and grounded in the literature; then, explain what it means for a problem to be original Be sure to support your Main Issue Post and Response Post with reference to the week's Learning Res..

  Section on common biases and errors in decision making

Insurance companies in the state of Florida earned record profits in 2006, suggesting in light of the calm hurricane seasons (in Florida) in 2005-2007 that Nationwide's decision to cancel policies may have cost the company potential revenue and custo..

  What is probability that randomly selected item is defective

In a production run of 300 units, there are exactly 20 defective items and 280 good items. What is the probability that a randomly selected item is defective? If two items are sampled without replacement, what is the probability that both are good?

  Delivery of healthcare services is dependent on availability

The delivery of healthcare services is dependent on the availability of skilled professionals who can provide needed care and supporting services. List and explain two factors that determine the supply of doctors and nurses. Also, to what degree can ..

  Morale and performance of department

You have just been promoted to supervisor of a large department in your company. The previous supervisor was terminated because of low morale and performance of his department.

  What is the power of the test

suppose that the actual mean score for all supervisors is 52 what is the probability that the decision rule will lead to a correct decision, what is the power of the test?

  Key elements of contingency model

Discuss some of the key elements of Fiedler's contingency model. Share a personal or professional experience that relates to one of these.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd