A forecaster uses weighted moving average with weights

Assignment Help Operation Management
Reference no: EM13968144

A forecaster uses weighted moving average with weights .20, .30, and .50. If the demand of March, April and May were 200, 220, 230, what would he forecast demand for June? (round to nearest multiple of 10) a. 180 b. 190 c. 200 d. 220 e. None of the above

Reference no: EM13968144

Questions Cloud

Daily demand can be approximated by a normal distribution : Skinner's fish market buys fresh boston cluefish daily for $4.20 per pound and sells it for $5.70 per pound. At the end of each business day, any remaining bluefish is sold to a producer of cat food for $2.40 per pound. Daily demand can be approximat..
Does the optimal solution change if the profit per unit : Does the optimal solution change if the profit per unit of X changes to $4.50? What happens if the profit function should have been $3X + 3Y?
Costs are equal to five percent of the cost of the drink : The manager of the Quick Stop Corner Convenience Store (which never closes)sells four cases of Dr. Pepper each day. Order costs are $8.00 per order, and Dr. Pepper costs $.80 per six-pack (each case contains four six-packs). Orders arrive three days ..
Number of customers that will wait in line for service : If the customers arrive 5 per hour and they are served at the rate of 8 per hour, what is the approximate average number of customers that will wait in line for service?
A forecaster uses weighted moving average with weights : A forecaster uses weighted moving average with weights .20, .30, and .50. If the demand of March, April and May were 200, 220, 230, what would he forecast demand for June?
Utilizing the marketing plan grading rubric : Utilizing the “Marketing Plan Grading Rubric” uploaded on the front EO page, plan to do your marketing plan. Please note that this is not a rubric for a "complete" marketing plan but instead you should focus on these specific areas in the rubric for ..
Time required by susan for the tenth unit : By the tenth repetition trainees must be able to complete the assembly task in 1 hour or less. Susan sweaney has just spent 7 hours on the fourth unit and 5 hours completing her eighth unit, while another trainee, Julie Burgmeier, took 4 hours on the..
Decreases the inventory review cycle : Decreases the inventory review cycle to 13 weeks and push the vendor to reduce the lead time to 5 weeks. Keep the service level at each store the same (95%). What is the total safety stock Precious Things holds for clock with word “Aggies” if it choo..
What is the total safety stock precious things holds : Precious Things owns and operates 100 stores across the country. One of the products it sells is an alarm clock engraved with different words. There are three types of words: “Aggies”, “TAMU”, and “The 12th Man”. How many clocks with word “Aggies” sh..

Reviews

Write a Review

Operation Management Questions & Answers

  Describe the value of establishing team operating principles

Team operating principles are sometimes included in a project charter to enhance team functioning. Which of the following statements accurately describes the value of establishing team operating principles?

  Illustrate what procedures were followed for appointment

Illustrate what procedures were followed to keep the appointment system flexible enough to accommodate the emergency cases and yet be able to keep up with the other patient's appointments.

  Predicting average checking and savings account balance

This is part of Business Analytics / Data Analytics course I am taking at a community college - Explain how to interpret numbers in this model. Suppose that a customer is 32 years old, is a college graduate (so that years education=16) and has a hous..

  Compute a tracking signal

The following are monthly actual and forecast demand levels for May thur December for un its of a products manufactured by the N. tamimi Pharmaceutical Company :

  Explain how could he use technical human

Explain how Could He Use Technical, human Also Conceptual Skills to Maintain an Environment Which Encourages Innovation also Professionalism among the Virus Hunters.

  Prevention costs-appraisal costs and internal failure costs

The overview should take the form of a double spaced two-page paper. Within the assignment, cite examples of any control costs or failure costs that you can identify, in addition to prevention costs, appraisal costs, internal failure costs, and exter..

  Estimate the optimal order up to level

Suppose you are the manager of the office furniture department at Nebraska Furniture Mart. One of your products is a cherry study desk.

  Relationship between project requirements-project quality

What is the relationship between project requirements and project quality? Given this relationship, how much effort should be expended in defining and documenting project requirements?

  Illustrate what does the chart tell you

Construct a c-chart for test errors also set the control limits to contain 99.73percent of the random variation in test scores. Illustrate what does the chart tell you.

  Government regulations-directly impact day-to-day operations

Referring to the same company, discuss the most likely government regulations that would directly impact day-to-day operations. Provide specific examples to support your response. Select a small business with which you are familiar and discuss the mo..

  Discuss the various ways hr supports managers

Discuss the various ways HR supports managers. Discuss the difference between the focus on Affirmative Action and the focus on equality

  Based on trompenarrs dimensions of national culture

It is obvious that Taila values her privacy as she rarely talks about her husband and children in conversations with her co-workers. Based on Trompenarrs dimensions of national culture, which cultural dimension does Talia's behavior in the workplace ..

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