Explain why an averaging technique would not be

Assignment Help Operation Management
Reference no: EM13913015

Air travel on Mountain Airlines for the past 18 weeks was:

a. Explain why an averaging technique would not be appropriate for forecasting.
b. Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks.

Reference no: EM13913015

Questions Cloud

Prepare a forecast of sales for each quarter of next year : Sales also exhibit seasonal variations. Using the information given, prepare a forecast of sales for each quarter of next year (not this year), and the first quarter of the year following that.
A manager of a store that sells and installs : A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her forecasts are a combination of trend and seasonality
After plotting demand for four periods : After plotting demand for four periods, an emergency room manager has concluded that a trend adjusted exponential smoothing model is appropriate to predict future demand.
What is the forecast for period 16 : Use trend-adjusted smoothing with α = .3 and β = .2 to smooth the new account data in part a. What is the forecast for period 16?
Explain why an averaging technique would not be : Explain why an averaging technique would not be appropriate for forecasting Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks.
The manager intends to install new equipment : The manager intends to install new equipment when the volume exceeds 800 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately what week?
An electrical contractor records during the last : An electrical contractor records during the last five weeks indicate the number of job requests Predict the number of requests for week 6 using each of these methods:
Plot the monthly data on a sheet of graph paper : Plot the monthly data on a sheet of graph paper Forecast September sales volume using each of the following:
A commercial bakery has recorded sales : A commercial bakery has recorded sales (in dozens) for three products, as shown below What should the use of sales data instead of demand imply?

Reviews

Write a Review

Operation Management Questions & Answers

  What is the r-value for this set of data

The Cocoa Bean sells hot chocolate during the year and knows that sales increase as temperature drops. This is shown in the following table: Month AvgTemperature Sales January 18 196 February 20 191 March 45 183 April 60 150 May 75 122 June 82 104 Ju..

  Department of justice requires prosecutors to consider

Identify and explain some of the factors that the Department of Justice requires prosecutors to consider when charging an organization. What benefits do organizations get from following these factors and the Federal Sentencing Guidelines?

  Discuss ethical implications of an individual reward system

What is the role of leadership in creating, managing, and sustaining innovation in your organization? What are the ethical implications of an individual reward system? Support your answer.

  Evaluate advantages and disadvantages of local production

Evaluate advantages and disadvantages of local production and ideas to cope with the new challenges.

  Use to acheive high throughput over twisted pair wiring

What method does a T1 use to acheive high throughput over twisted pair wiring?

  Countries for each dimension of national culture

Summarize the differences between the countries for each dimension of national culture. Using the described characteristics of the company, determine which cultural dimensions are most important to consider when matching a national culture to the ..

  New component having statistically identical properties

A component in a system is placed into service, where it operates until its failure, whereupon it is replaced at the end of the period with a new component having statistically identical properties, and the process repeats.

  Cross functional equates to diversity meaning

To kick this off let me say that being able to effectively participate and lead cross functional teams is critical to effectively implementing supply chain management. Cross functional equates to diversity meaning that you have individuals with di..

  What must be the map coordinates of the new factory graph

a manufacturer of oak barrels has factories in an area at the location coordinates provided in the following table.

  Decision regarding upgrading your lan for utp to rf

What concerns might you have if faced with a decision regarding upgrading your LAN for UTP to RF? What would guide your decision?

  Explain total quality management

Explain Total Quality Management and give an example of one person in the organization delivering it?

  Concussion education app must designed for student athletes

Determine whether each of the following requirements is adequate. If it is not, state the reason(s) and rewrite the requirement so that it meets the characteristics of good requirements. The concussion education app must be designed for student athle..

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