What is difference if you use three month moving average

Assignment Help Operation Management
Reference no: EM13905425

A historical demand (observation) of paper sales in cases is: January, 45; February, 40; March, 35; April, 50; and May, 55.

Using a two month moving average, what is the forecast for June? What is the difference if you use a three month moving average? If June experienced a demand of 65, what are these forecasts for July?

Suppose that the forecast (not observation) for January was 65. Using single exponential smoothing with an alpha = 0.25, compute the exponential smoothing forecast for February through June.

Reference no: EM13905425

Questions Cloud

Strategy require significant difference geographical segment : Which strategy requires a significant difference among geographical segments of its customers?
Managerial skills-management levels in the organization : Which managerial skills often determine who reaches the highest management levels in the organization?
In order to effectively implement a policy change : In order to effectively implement a policy change, what would be a manger’s best course of action?
Compare virtual teams and traditional teams : Compare Virtual and Traditional Teams Write an essay on the seven types of virtual teams. Identify the various events or situations that each team type best performs. Compare virtual teams and traditional teams.
What is difference if you use three month moving average : A historical demand (observation) of paper sales in cases is: January, 45; February, 40; March, 35; April, 50; and May, 55. Using a two month moving average, what is the forecast for June? What is the difference if you use a three month moving averag..
Three-step writing process-revising your message : This week's individual work assignment describes the tasks in the third step (completing) of the “Three-Step Writing Process”, which are: Revising Your Message (evaluating, improving readability, editing for clarity and conciseness) Identify and desc..
Determine the eoq-total annual cost and reorder point : The Drebb Root Beer Company distributes their soft drink at a constant demand rate of 22,500 cases per year. A case cost the company $8.75 with an ordering cost of $18 per order. Determine the EOQ, the Total Annual Cost and the Reorder Point
Recommending best overbooking strategy : South Central Airlines operates a commuter flight between Atlanta and Charlotte. The plane holds 30 passengers, and the airline makes a $100 profit on each passenger on the flight. Explain how your simulation model could be used to evaluate other ove..
What are the factors that need to be considered in packaging : Please describe the ways in which classical and operant conditioning vary. Also explain the marketing implications of the classical and operant conditioning principle. What are the factors that need to be considered in packaging?

Reviews

Write a Review

Operation Management Questions & Answers

  Discuss the key factors that impact location decisions

Discuss the key factors that impact location decisions. As an example, if locating a facility in India, what location decisions would a fast-food chain have to consider as compared to the location decisions of a software company?

  How would you propose that the factors be measured

Prepare a list of criteria for use in deciding who on your campus is most worthy of this award. How would you propose that these factors be measured? Should they be?

  Define each component of an information system

Define each component of an information system. Define how you can use the Five Component model to guide your learning and thoughts about information systems.

  How long will it take to provide this training

What types of training should be used to provide the different competencies? How long will it take to provide this training? Give your rationale

  Define the term due diligence

Define the term due diligence. How is it applied to the acquisition of an existing venture? Explain how the price/earnings ratio method of valuation works. Give an example. What are the steps involved in using the discounted earnings method? Give ..

  Communication in negotiation

From the e-Activity, assess how well the communication process worked in this specific negotiation. Determine the impact of the barriers to communication in this particular negotiation. Provide a recommendation to prevent this situation from occur..

  Describe how employee empowerment and decision-making

employee morale is an essential component of a high-performing organization. employees who are not happy with the work

  Most beneficial to logistics management

What advances in telecommunications technology do you view as being most beneficial to logistics management? Why?

  Describe the primary internal organizational considerations

what are the primary internal organizational considerations for the development of a strategic plan? which

  What is formal communication in organizations

What is formal communication in organizations? Describe the various types and provide an example of how each might be used in the workplace.

  Discuss the various types of radiation

Discuss the various types of radiation that a safety professional might encounter and some methods for protecting oneself against it

  Discuss what role organizational structure plays

Read the Ask Chuck & A New Kind of Structure Case Applications on pages 283 & 284. Describe what Charles Schwab & PfizerWorks are doing. Discuss what role organizational structure plays in an organization's efficiency & effectiveness.

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