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Q. hazel is operation manager of her business. Among her responsibilities are forecasting, inventory management, scheduling, quality assurance, also maintenance.
a. Illustrate what kinds of things would likely requisite forecasts?
b. Illustrate what inventory items does Hazel probably have? Name one inventory decision she has tomake periodically.
c. Illustrate what scheduling must she do? Illustrate what things might occur to disrupt schedules also cause hazel to reschedule?
d. Elucidate how important is quality assurance to hazel's business? Explain.
e. Illustrate what kinds of maintenance must be performed?
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Forecast sales of jeans for March through June using the naïve method, a two-period moving average also exponential smoothing with an ?= .02. Compare the forecasts using MAD also decide which is best.
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