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Sales of industrial vaccum cleaners at R. Lowenthal supply Co. over the past 13 months are as follows: Sales ( $1,000s)/ month 11- Jan. 14- Feb. 16- march 10-april 15-may 17-june 11-july 14-august 17-sept. 12-oct. 14-nov. 16-dec. 11-jan. a)using a moving average with three periods,determine the demand for vaccum cleaners for next feb. b) using a weighted moving average with three periods, determine the demand for vaccum cleaners for February. Use 3,2, and 1 for the weights of the most recent, second most recent, and third most recent periods, respectively. For example, if you were forecassting the demand for Feb., November would have a weight of 1, December would have a weight of 2, and January would have a weight of 3. C) Evaluate the accuracy of each of these methods. D) What other factors might R. Lowenthal consider in forecasting sales
Discuss the implications for supply chain leadership as their focus shifts from minimizing total supply chain cost to maximizing firm sustainability.
Walt Disney’s Definition of Leadership: the ability to establish and manage a creative climate where people and teams are self-motivated to the successful achievement of long-term goals in an environment of mutual respect and trust. How did Walt Disn..
Gulf Coast Electronics is ready to award contracts for printing its annual report. For the past several years, Johnson Printing and Lakeside Litho printed the four-color annual report. A new firm, Benson Printing, has inquired about the possibility o..
Briefly describe your role as an employee of an organization in the IS field. Give examples of what you need to know about information systems and how it can help with your job performance.
A suitcase manufacturing company needs to but certain type of specialized machinery to for production. The long term estimated annual demand is about 60,000 suites. If one suitcase requires 10 minutes of production time, and company runs factory for ..
Explain the terms Products, Services, and Experiences. What do you understand by Levels of Product and Services. Identify and explain The new-product development process.
your manager tells you about a new department the company will be adding that is part of the companys strategic plan to
Conceptualize the solution through synthesis, which involves satisfying several different functional requirements using a set of inputs such as product design parameters within given constraints.
Enterprise systems provide maximum benefits to an organization by a) providing improved financial reporting, b) providing a better data entry system
Power tools plus sells handyman power tools out of its store in Iowa. It does not advertise outside of Iowa and does not have a website. A South Dakota resident sees the store while driving through Iowa. He buys a power drill. Determine whether the H..
Compare the costs to a level plan that uses inventory to absorb fluctuations. Inventory carrying cost is $ 2 per engine per month. Backlog cost is $ 90 per engine per month. There should not be a backlog in the lastmonth.
Determine how job analysis and job evaluation could be used at Customers First to develop an internally consistent compensation system. Determine whether or not you agree with Joan’s view on job analysis and job evaluation. Explain your rationale.
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