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

What is ethical leadership, Give an example of ethical leadership. What are...

Give an example of ethical leadership. What are the characteristics of ethical leadership? And why do you think ethical leadership is important.

Explain how often do you think very favourable, How often do you think very...

How often do you think very favourable, intermediate, or very unfavourable situations occur to leaders in real life? Based on Fiedler's theory

How several more hours of overtime would each worker, Games4U makes video g...

Games4U makes video games on CDs at its Old Town plant. The plant produces 800 games each day, and employs 100 workers that work 8 hours each day. They use the following resources

Which depreciation method is preferable and why, 1. Your firm is considerin...

1. Your firm is considering an investment in a wind farm. Assume that the farm will cost $1 million per MW of installed capacity. The plan under consideration would deploy 10 GE 1.

Explain what is the production, A local market research firm has just won a...

A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each

Explain minimization and maximization problems using lp, What are the simil...

What are the similarities and differences between minimization and maximization problems using LP

Describe health care in your own community, Technology Assessment analyze t...

Technology Assessment analyze the basic technology underlying health care information systems and determine the most pressing need for innovation. 2. Explain (with specific example

List countries that lead in export and import of merchandise, The WTO's Int...

The WTO's International Trade Statistics is an annual report that provides comprehensive, comparable, and updated statistics on trade in merchandise and commercial services. This r

Describe strategic management concepts and cases, Threadless (in Strategy H...

Threadless (in Strategy Highlight 1.1) is an example of a firm building on its customer base to use new products and also to participate in the design and vetting of popular design

Principle of motion economy, Principle of Motion Economy: The improvem...

Principle of Motion Economy: The improvement of any method is generally  accomplished using the ideas chosen from the alternatives  throw up during the critical examination ph

Write Your Message!

Captcha
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