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Q. The subsequent data are monthly sales of jeans at a local department store. The buyer would like to forecast sales of jeans for the next month, July.
a) Forecast sales of jeans for March through June using the naïve method, a two-period moving average also exponential smoothing with an ?= .02. (Hint: Use naïve to start the exponential smoothing process.)
b) Compare the forecasts using MAD also decide which is best.
c) Using your method of choice, make a forecast for the month of July.
ABC Corporation sells large industrial machines which have an inventory value of Php 1.5 million every. The Corporation expects to order 500 machines during the next calendar year.
Suppose which Always Rain Irrigation's marketing department will undertake an intense ad campaign for the bronze sprinklers which are more expensive however also more durable than the plastic ones. Forecast demand for the next four years.
your information mart and 5 indicating that the dimension offers the lowest value and does not desire to be in your information mart. Which variables would you choose if your information mart could only contain 10 dimensions.
Illustrate what is expected (i.e. mean) project completion time. Standard deviation of completion time. Illustrate what is probability project will be completed in time for Kozar to begin marketing new product within 24 months.
Decide the hourly capacity of each process stage and the number of machines needed to meet an output rate of 50,000 units per hour. Explain how does facility layout impact your numerical analysis and process efficiency. Explain.
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Illustrate what is the probability that the supply of circuit boards will be exhausted before the order is received if boards are reordered when the amount on hand drops to 625 boards.
If machine produces 2000 or more units a week, it is possible to export all production as a single bulk order. n re is a 60% chance of selling for 50% more profit and a 40% chance of selling for 50% less profit. Illustrate what should be d1 to max..
Briefly define empowerment and describe three important conditions you would ensure existed in this plant to improve empowerment among production employees.
Contract price is $200 per uniform. Because of urgent need, BBBC is authorized to use around--clock production, 6 days per week. When each of 2 shifts works 72 hours per week, production increases to 4,000 uniforms per week but at a cost of $144 ..
Illustrate what are determining factors that may lead to a decision to proceed with outsourcing. A gift shop sells 1000 boxes of scented candles a year.
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