The manager intends to install new equipment

Assignment Help Operation Management
Reference no: EM13913014

Freight car loadings over a 12-year period at a busy port are as follows:

a. Determine a linear trend line for expected freight car loadings.
b. Use the trend equation to predict expected loadings for weeks 20 and 21.
c. The manager intends to install new equipment when the volume exceeds 800 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week?

Reference no: EM13913014

Questions Cloud

A manager of a store that sells and installs : A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her forecasts are a combination of trend and seasonality
After plotting demand for four periods : After plotting demand for four periods, an emergency room manager has concluded that a trend adjusted exponential smoothing model is appropriate to predict future demand.
What is the forecast for period 16 : Use trend-adjusted smoothing with α = .3 and β = .2 to smooth the new account data in part a. What is the forecast for period 16?
Explain why an averaging technique would not be : Explain why an averaging technique would not be appropriate for forecasting Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks.
The manager intends to install new equipment : The manager intends to install new equipment when the volume exceeds 800 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week?
An electrical contractor records during the last : An electrical contractor records during the last five weeks indicate the number of job requests Predict the number of requests for week 6 using each of these methods:
Plot the monthly data on a sheet of graph paper : Plot the monthly data on a sheet of graph paper Forecast September sales volume using each of the following:
A commercial bakery has recorded sales : A commercial bakery has recorded sales (in dozens) for three products, as shown below What should the use of sales data instead of demand imply?
Give three examples of unethical conduct involving : Give three examples of unethical conduct involving forecasting and the ethical principle each violates.

Reviews

Write a Review

Operation Management Questions & Answers

  Structure best suited to a multinational internet retailer

What type of structure will be best suited to a multinational Internet retailer. Why. How would you recommend building a culture that was inclusive of diverse cultures and accommodates highly creative technical staff

  What are the resulting efficiencies and outputs

What are the resulting efficiencies and outputs of the two lines? Is it always best to equally share extra machines between the two lines?

  Discuss the value of marketing to the consumer

Discuss the value of marketing to the consumer, the stakeholder and stockholder and adress the value you place on marketing.

  Prepare a schedule which shows expected cash receipts

Past experience indicates that 80% of sales each month are on credit and that collection of credit sales occurs as follows: 60% in the month of sale, 35% in the month following the sale, and 3% in the second month following the sale. The other 2% ..

  Different data enter for disaster recovery purposes

Describe Cisco OTV Nexus 7000 and how this product addresses the layer 2 network issues faced while moving virtual machines to a different data enter for disaster recovery purposes. Describe VMWare NSX and how this product addresses the layer 2 netwo..

  Calculate safety stock and reorder point

A fast-food restaurant buys hamburger buns from a national bakery supplier. The daily usage of buns at the restaurant is normally distributed with an average of 160 and standard deviation of 10.

  What are the independent variable and the dependent variable

Sales will be recorded by scanners from which mean tissue sales for each store for each month can be computed and interpreted. What are the independent variable and the dependent variable? How do you know?

  Determine the direction of feasibility of each denote

determine the direction of feasibility of each denote the feasible region(mention both graphically and in words)

  What is the customer defection rate

A coffee shop's average transaction price is $3, the contribution margin is 60 percent, the typical customer makes a purchase once a week or 52 weeks per year

  What is the expected value of a project

What is the expected value of a project based on the following data

  Strategy for initiating innovation strategy

You have just opened a healthcare center in a major American city. You have a handful of employees and your main business is to provide urgent-care medical services, pharmacy, patient education, and various kinds of therapy. Explain what type of inno..

  Compile list of major system life cycle activities

Compile a list of major system life-cycle activities. For each activity on the list, try to find the related supply chain activities. Present your finding in a table with the system life-cycle stage in the first colum.

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