Describe appropriate technique to develop a forecast, Operation Management

Assignment Help:

Air travel Mountain Airlines for the past 18 weeks was: Week Passengers 1 405 2 410 3 420 4 415 5 412 6 420 7 424 8 433 9 438 10 440 11 446 12 451 13 455 14 464 15 466 16 474 17 476 18 482 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. (Teacher said Linear Trend Model) The teacher wants us to use the linear trend model.

Related Discussions:- Describe appropriate technique to develop a forecast

Describe what role organizational structure plays, Discuss what role organi...

Discuss what role organizational structure plays in an organization's efficiency & effectiveness

Explain probabilities of various caseloads to be unreliable, The director o...

The director of social services of a county has learned that the state has mandated additional information requirements. This will place an additional burden on the agency. The dir

Merits of continuous or flow production, Merits of Continuous or Flow Produ...

Merits of Continuous or Flow Production 1.The direct labor content will be reduced since the comprehensive pre planning which is necessary will often produce economies in time.

Explain the costs of the new systems that may be implemented, What are the ...

What are the costs of the new systems that may be implemented? How do we justify their implementation at Can Go?

Layout and flow, what are the objectives that an operation should seek in o...

what are the objectives that an operation should seek in order to ensure a good layout

Explain what is the present value of the following annuities, What is the p...

What is the present value of the following annuities? a. $2,500 a year for 10 years discounted back to the present at 7% b. $70 a year for 3 years discounted back to the pres

Explain google''s efforts in corporate strategy, Write a report to Terry Be...

Write a report to Terry Bell: Review Google's values and mission. Provide your assessment of whether the company's overall operations and strategy are aligned to support those valu

Production management, Give 5 steps in deciding Service facility location

Give 5 steps in deciding Service facility location

Explain what is project management, What is project management?

What is project management?

Explain student aid and scholarships office, You have just been notified by...

You have just been notified by the Student Aid and Scholarships Office that you would receive a regents scholarship of $2000 for the coming academic year. Furthermore, your applica

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages