Illustrate what is our prediction for total number of shaver

Assignment Help Operation Management
Reference no: EM1377784

Q. We are utilizing simple exponential smoothing can be used to predict electric shaver sales at Hook's Drug Store. At the end of October 2006, our forecast for December 2006 sales was 40.In November 50 shavers were sold also during December 45 shavers were sold. Assume alpha: 0.50. At the end of December 2006, illustrate what is our prediction for total number of shavers which will be sold during March also April of 2007?

Reference no: EM1377784

Questions Cloud

Evaluate the current level of safety stock : Prepare a case analysis which comprised Situation Analysis also 3 possible alternatives also a chosen solution. Provide recommendation. Below information to be comprised in case analysis.
Relationship of background assumptions, and paradigms : Discuss and explain  the relationship of background assumptions, beliefs, and paradigms, and what they have to do with knowledge creation.
Each division manager has instructed to decrease payroll : Several new employees, mostly women also minorities were hired to remedy the lack of diversity in the workplace. Due to financial difficulties within the organization, each division manager has been instructed to decrease his or her employee payro..
Troublesome findings or questionable theories : Discuss how does background assumptions, beliefs, and paradigms, help and hinder knowledge creation and give an examples in which these models lead to troublesome findings or questionable theories.
Illustrate what is our prediction for total number of shaver : Assume alpha: 0.50. At the end of December 2006, illustrate what is our prediction for total number of shavers which will be sold during March also April of 2007.
Achieving synergy : Member of being a good team player is helping other members. How can members of a workplace team help each other and discuss how do team members know when they have achieved synergy?
Illustrate what are the benefits also barriers for woodmere : S time-depended logistics the right strategy for each organization. Illustrate what are the benefits also barriers (short also long term) to this proposal for both Woodmere.
Compute also interpret decision maker a risk premium : Compute also interpret decision maker A's risk premium for a payoff of $50 000. Explain why don't decision makers A also B select the same decision alternative.
Compute the lower also upper control limits for x-bar chart : A machine shop owner wishes to monitor the diameter of an engine boring operation where the piston bore should be 4.25". He obtains 8 samples of 5 also records the subsequent data. Compute the lower also upper control limits for an X-bar chart.

Reviews

Write a Review

Operation Management Questions & Answers

  Explain how many technicians should you keep on stand

Explain how many technicians should you keep on stand to have the lowest average cost per day. Try the values 2, 3, 4 and 5, each with a sample size of 1,000.

  Illustrate what is the length of a production run in days

Illustrate what is the length of a production run in days. During production, at illustrate what rate will inventory build up. If the manager wants to run another occupation among runs of this item, which needs a minimum of 10 days per cycle for th..

  Which laptop will perform reliably during a one-hour exam

Assuming which a new battery has just been installed also student brings one spare, fully charged battery with him, illustrate what is probability which laptop will perform reliably during a one-hour exam.

  Illustrate what are the risks also benefits associated

Illustrate what are the risks also benefits associated with this approach to IT planning. Provide some examples of each.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Evaluate demand probability

The meat is purchased on Monday at $2.00 per pound also the shop sells the steak for $3.00 per pound. Any steak left over at the end of the week is sold to a local zoo for $0.50 per pound.

  Illustrate what is their productivity

John makes wooden boxes in which to ship motorcycles. John also his three employees invest a total of 40 hours per day making the 120 boxes. Illustrate what is their productivity.

  Describe demographic makeup

describe the demographic makeup in these years; then identify industries that will be impacted by these data.

  Determining revenue management formulas

This is for Hotel & Lodging Management. Illustrate what role do RevPAR, ADR also occupancy rate play in determining revenue management formulas.

  Create also define a management performance plan

Create also define a management performance plan, linking action plans to issues of motivation, empowerment, training also coproduction with patients also families.

  Belief which helps solves difficult social problems create

Belief which helps solves difficult social problems create a desirable community also attract also keep skilled employees is known as which argument.

  Elucidate how well is project doing in terms of priorities

Elucidate how well is project doing in terms of priorities. If one of industrial engineers assigned to your project would be available to work on project from Aug 22-27, 2008. Illustrate what would you tell him.

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