Explain a linear trend equation, Operation Management

Assignment Help:

Value: 15.00 points Problem 3-2 National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000) Units Feb. 17 Mar. 16 Apr. 13 May. 24 Jun. 18 Jul. 21 Aug. 21 b. Forecast September sales volume using each of the following: (1) A linear trend equation.(Round your intermediate calculations and final answer to 2 decimal places.) Yt thousands (2) A five-month moving average. (Round your answer to 2 decimal places.) Moving average thousands (3) Exponential smoothing with a smoothing constant equal to .40, assuming a March forecast of 16(000). (Round your intermediate calculations and final answer to 2 decimal places.) Forecast thousands (4) The naive approach. Naive approach thousands (5) A weighted average using .60 for August, .20 for July, and .20 for June. (Round your answer to 2 decimal places.) Weighted average thousands


Related Discussions:- Explain a linear trend equation

Problem, a firm isconsidering replacement of a machien, whoes cost price is...

a firm isconsidering replacement of a machien, whoes cost price is rs 12200 and scrap value is rs 200 the running cost is rupee given below year running cost 1 200 2 50

Explain what is the resulting productivity ratio, The total output from a p...

The total output from a production system in one day is 900 units and the total labor necessary to produce the 900 units is 900 hours. Using the appropriate productivity measure, w

Impact of activity of listening, How is the activity of listening impacted ...

How is the activity of listening impacted by the particular situation?

Explain employee stock ownership plans, State the reasons why historically,...

State the reasons why historically, union leaders did not support Employee Stock Ownership Plans (ESOPs)? Why has there been a notable growth since 1975 in these plans? Outline the

Force-field analysis - improving productivity, Force-field analysis - Impro...

Force-field analysis - Improving Productivity  Force-field analysis is based on the concept that any given level of productivity is the result of an equilibrium between drivi

Conscientiousness is a big five dimension that includes, Conscientiousness ...

Conscientiousness is a big five dimension that involve the traits of being-----------------1.unworried; secure and relax/2.imaginative and broad minded/3.responsiable; dependable a

Sffdfd, Why mary parker follett ideas tended to be popular

Why mary parker follett ideas tended to be popular

Describe what role organizational structure plays, Discuss what role organi...

Discuss what role organizational structure plays in an organization's efficiency & effectiveness

Define what is a principle within a health care organization, What is a pri...

What is a principle within a health care organization?

Global operations management , what are the key issues to be considered for...

what are the key issues to be considered for managing global operations?

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