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Enrollment in a particular class for the last four semesters has been 120, 126, 110, and 130. Suppose a one-semester moving average was used to forecast enrollment (this is sometimes referred to as a naïve forecast). Thus, the forecast for the second semester would be 120, for the third semester it would be 126, and for the last semester it would be 110. What would the MSE be for this situation?
discuss the best way to link your job performance to training strategies. Provide specific examples to support your response.
Express objectives of aggregate (production) planning and relationship between aggregate plan and master production schedule.
Presumably, information about new line has been shared with supply chain partners. Explain what information should be shared with various partners, also why sharing which information is important.
What are the legal obligations if any under the lease contract?
Six tasks, with times and precedence requirements as shown in the following table, are to be assigned to workstations. The desired output is 160 units per 8 hour day.
Why is operations management relevant to managers in other organization functions? Base your discussion on your experience of operations within your organization or an organization with which you are familiar.
Explain the concepts of lean production. Describe its relation to Six Sigma. Please provide examples of the pros and cons for linking them.
The Minneapolis Star Tribune newspaper has decided to write an article about gasoline prices in the Twin Cities area (Minneapolis and St. Paul).
What would be the effect on the optimal solution if the production time on line 1 was reduced to 40 hrs? what would be the effect on the optimal solution if the profit for the product B was increased from $7 to $15? to $20?
It is for this reason that we have included these important researchers in our discussion of motivate people. Illustrate what lesson have you learned about this chapter also motivating workers.
Calculate the critical ratios for the following activities and indicate which activities are probably on target and which need to be investigated.
Illustrate what order size would minimize total inventory costs. Illustrate what are total costs of inventory. Office manager is presently using an order size of 200 packages.
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