Calculate a tracking signal for months, Operation Management

Assignment Help:

The classified department of a monthly magazine has use a combination of qualitative and quantitative methods to forecast sales of advertising space. Results over a 20 month period are as follows. Month Error 1 -8 2 -2 3 4 4 7 5 9 6 5 7 0 8 -3 9 -9 10 -4 11 1 12 6 13 8 14 4 15 1 16 -2 17 -4 18 -8 19 -5 20 -1 a). Compute a tracking signal for months 11 through 20. Compute an initial value of MAD for month 11, and then update it for each month using exponential smoothing of alpha =.1. What can you conclude assuming limits of plus or minus 4. b). using the first half of the data, construct a control chart with 2s limits. What is the implication of this?


Related Discussions:- Calculate a tracking signal for months

Explain what changes should be made in the wage, A father decides to put hi...

A father decides to put his two sons to work landscaping. The business involved going to a customer's home and providing landscaping services (cut gras, edge sidewalk, pull weeds i

What is cost accounting, I borrowed the book of cost accounting and brought...

I borrowed the book of cost accounting and brought the answer of the questions about three months ago. You charge me $15.94 for the answers per month. Now, I have returned the book

OPERATTION MANAGEMENT, DISCUSS THE ADVISABILITY OF USING MODULAR ASSEMBLIES...

DISCUSS THE ADVISABILITY OF USING MODULAR ASSEMBLIES IN MANFACTURING

Describe how you might use job enlargement, Explains how you might use job ...

Explains how you might use job enlargement, job rotation, and/ or job enrichment to in motivating custodians at Norman dale CC.

Explain at what rate have sales been growing, Shalit Corporation's 2008 sal...

Shalit Corporation's 2008 sales were $7 million. Its 2003 sales were $3.5 million. At what rate have sales been growing? Round your answer to the nearest hundredth.

Explain business-to-business and customer-to-business, If Bill decides to e...

If Bill decides to enter the world of ecommerce, which of the ecommerce models (business-to-business, customer-to-business, business-to-customer, or customer-to-customer) would you

Process strategy at wheeled coach, Read the case study titled, "Process Str...

Read the case study titled, "Process Strategy at Wheeled Coach" on page 310 in the textbook (Operations Management Tenth Edition). On the basis of your reading and your knowledge o

Define activity a can be finished and not delay any activity, Using the dat...

Using the data in Table 13-4, determine the latest time activity A can be finished and not delay any activity? Table 13-4 The following represents a project with known activity tim

Explain attempt to change an organizations culture, How would an OD (organi...

How would an OD (organizational practitioner) attempt to change an organizations culture?

Write Your Message!

Captcha
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