What would be forecast for period-weighted moving average

Assignment Help Operation Management
Reference no: EM13967072

Using Data Set E1, what would be the forecast for period 6 using a 3-period weighted moving average? The weights are 0.50, 0.30, 0.20. (Choose the closest answer.) Data Set E1 Period Sales Volume 1 12000 2 12400 3 14250 4 16750 5 18500 6 19500 7 17750 8 20500 9 21500 10 22550 15,850 16,500 17,125 17,825 18,650

Reference no: EM13967072

Questions Cloud

With an average service rate of twelve customers per hours : With an average service rate of twelve customers per hours and an average customer arrival rate of ten customers for hour, calculate the probability that actual service time will be less than or equal to six minutes. Show math please. This is a suppl..
Principals of supply chain management : Principals of supply chain management; A balanced approach Chapter Six discussed both materials planning and capacity planning.  Which is more appropriate for a conventional service organization? Why?  Which is more appropriate for a conventional man..
Estimating the cross-price elasticity : Characterize each of the following pairs of goods and/or services in terms of their cross-price elasticity of demand. In so doing, indicate whether the cross-price elasticity of demand is apt to be positive, negative, or zero. Similarly, describe ..
A summary of the article''s conclusions and your own opinions : The completed assignment should be a minimum of 2 pages to a maximum of 4 pages, and should be double-spaced. The critique should also be written following APA style guidelines
What would be forecast for period-weighted moving average : Using Data Set E1, what would be the forecast for period 6 using a 3-period weighted moving average? The weights are 0.50, 0.30, 0.20. (Choose the closest answer.) Data Set E1 Period Sales Volume 1 12000 2 12400 3 14250 4 16750 5 18500 6 19500 7 1775..
How it relates to environmental ethics : Define the concept and detail how it relates to environmental ethics using scholarly sources to back your statements. Provide an example of each concept that illustrates knowledge of the concept
Problem regarding the price elasticity : Characterize each of the following goods and services in terms of their price elasticity of demand. In so doing, indicate whether a steeply sloped (vertical) and relatively inelastic demand curve, or a flat (horizontal) and relatively elastic dema..
Calculate the total of daily waiting cost and service cost : The general manager has estimated that every hour of customer time spent waiting in line for the sales clerk to become available costs the store $100.00 in lost sales and goodwill. Calculate the total of the daily waiting cost and the service cost if..
How can you be yourself and project your company : When composing business messages, how can you be yourself and project your company's image at the same time?

Reviews

Write a Review

Operation Management Questions & Answers

  Budgeting and importance relevant to management accounting

The importance of the concept of Earned Value when accounting for project progress claims, with particular reference to the problems of over or under-charging in such claims. Budgeting, and its importance relevant to Management Accounting.

  Memorandums and email messages differ more than letters in

memorandums and email messages differ more than letters in their physical makeup. explain the differences between each

  A mental image of a possible and desirable future state of

i ruby recently accepted a job with a large insurance firm as an internal auditor. ruby has found that her job is

  Understanding of important role that operations function

This module is designed to develop a detailed awareness and understanding of the important role that the Operations function plays in the creation and distribution of products and services and the contribution that this function makes to the succe..

  Simply appointing distributors and dealers abroad

Entering international markets has become a priority for many companies even in the US, which has a large domestic market? Is having a strategic alliance with foreign companies a better alternative to simply appointing distributors and dealers abroad..

  Why is ethics an important component of research

Why is ethics an important component of research. Think about a possible risk of researching your topic or problem. Think about how you would seek permission from study participants to take a survey or be part of an experiment.

  Which has been highly successful inthe passenger tire market

A major producer of passenger tires has launched an advertisingcampaign in which it is trying to market windshield wipers to thepublic under its brand name, which has been highly successful inthe passenger tire market.

  Data were collected from a sample provided by the supplier

A shirt manufacturer buys cloth by the 100 –yard roll from a supplier. For setting up a control chart to manage the irregularities (i.e. loose threats and tears), the following data were collected from a sample provided by the supplier.

  Compare and contrast the following definitions of quality

Compare and contrast the following definitions of quality. Definition 1: Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy given needs. Definition 2: Quality is meeting or exceedin..

  Operations management project

Operations Management Project

  Effective in balancing power between employers-employees

As you discovered in the readings, many employment laws focus on protecting individual rights. In this discussion, you will explore your perceptions of how well the laws work. Based on your readings and your work experiences, do you believe that the ..

  Discuss view of protocols in healthcare

Protocols are important in medicine. We use them anytime that a particularly important process needs to be completed in a sequential way for the benefit of our patients.

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