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What is betsys service level if she uses this policy

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Reference no: EM13242812

Betsy's Blue Bonnet Bakery

 

 

 

 

 

a =

0.3

g =

0.5

b =

0.8

 

 

 

 

 

 

 

 

 

 

 

Actual

Trend

Slope

Seasonal

Forecast

Error

Quarter

t

Sales, Yt

Tt

bt

St

Ft

 

2003 W

1

    36,500

 

 

 

 

 

1988 S

2

    43,750

    36,500.00

    7,250.00

1.20

 

 

1988 S

3

    59,920

    48,601.00

    9,675.50

1.23

 

 

1988 F

4

    87,440

    67,025.55

  14,050.03

1.30

 

 

2004 W

5

  102,240

    87,424.90

  17,224.69

1.17

 

 

1988 S

6

  123,420

  104,144.98

  16,972.38

1.19

   125,436.15

          (2,016.15)

1988 S

7

  139,610

  118,753.37

  15,790.39

1.19

   149,325.16

          (9,715.16)

1988 F

8

  135,380

  125,312.56

  11,174.79

1.13

   175,522.72

        (40,142.72)

2005 W

9

  129,470

  128,753.89

    7,308.06

1.04

   159,616.61

        (30,146.61)

1988 S

10

  137,570

  129,989.43

    4,271.80

1.08

   161,612.88

        (24,042.88)

1988 S

11

  156,630

  133,566.44

    3,924.41

1.18

   159,379.23

          (2,749.23)

1988 F

12

  150,980

  136,498.26

    3,428.11

1.11

   154,702.82

          (3,722.82)

2006 W

13

  143,340

  139,362.57

    3,146.21

1.03

   145,291.38

          (1,951.38)

1988 S

14

  153,360

  142,190.68

    2,987.16

1.08

   154,509.63

          (1,149.63)

1988 S

15

  169,730

  144,939.30

    2,867.89

1.17

   170,664.76

            (934.76)

1988 F

16

  161,990

  147,249.54

    2,589.07

1.10

   164,053.12

          (2,063.12)

2007 W

17

  154,760

  149,940.86

    2,640.19

1.03

   154,408.75

351.25

1988 S

18

  164,780

  152,592.38

    2,645.85

1.08

   164,739.26

40.74

1988 S

19

  186,730

  156,466.79

    3,260.13

1.19

   181,930.65

           4,799.35

1988 F

20

  177,880

  160,230.59

    3,511.97

1.11

   176,029.75

           1,850.25

2008 W

21

  170,360

  164,152.06

    3,716.72

1.04

   168,951.59

           1,408.41

1988 S

22

  178,830

  167,190.82

    3,377.74

1.07

   181,270.26

          (2,440.26)

1988 S

23

  195,550

  168,732.72

    2,459.82

1.16

   202,826.81

          (7,276.81)

1988 F

24

  187,220

  170,501.72

    2,114.41

1.10

   189,772.64

          (2,552.64)

2009 W

25

  163,230

  168,070.53

      (158.39)

0.98

   178,936.82

        (15,706.82)

1988 S

26

  162,890

  163,137.87

   (2,545.53)

1.01

   179,944.64

        (17,054.64)

1988 S

27

  174,540

  157,361.67

   (4,160.86)

1.12

   187,085.45

        (12,545.45)

1988 F

28

  163,130

  151,724.53

   (4,899.00)

1.08

   168,543.79

          (5,413.79)

2010 W

29

 

 

 

 

   144,517.86

 

1988 S

30

 

 

 

 

   143,788.09

 

1988 S

31

 

 

 

 

   153,515.48

 

1988 F

32

 

 

 

 

   142,720.95

 

 

 

 

 

 

 

 

 

 

 

 

MSE =

175,943,211

 

 

 

1) Refer to the inventory output for Betsy's Blue Bonnet Bakery.  Here, Betsy is trying to determine the optimal order policy for birthday kits.  What is the safety stock?

2) What is Betsy's service level if she uses this policy?

3) If Betsy changes to a lost sales model, how would the policy be affected?

4) Refer to the forecasting output for Betsy's. This model is appropriate for the type of data.

a. True

b. False

Reference no: EM13242812

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