Explain forecast including trend for the month, Operation Management

Assignment Help:

A manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. At the end of December, the company wishes to forecast sales for January. The estimate of trend through November has been 200 additional boards sold per month. Average sales have been around 1000 units per month. The demand for December was 1100 units. The company uses1 = 0.20 and2 = 0.10. Make a forecast including trend for the month of January. (Round your answers to 0 decimal places, the tolerance is +/-2.) The level of the series is units. The trend is units. The forecast including trend is units.


Related Discussions:- Explain forecast including trend for the month

Explain smucker''s has multiple product lines, Smucker's has multiple produ...

Smucker's has multiple product lines. Explain how well they fit with each other. Please give sources.

What are advantage regarding problem-solving, Cultural diversity can provid...

Cultural diversity can provide a company competitive advantage regarding problem-solving. True False

Explain the specification of lead time, Explain the specification of lead t...

Explain the specification of lead time. Lead Time has: (i) Time to place the order and to process the enquiries. (ii) Time to send the order to the supplier. (iii) Ti

Determine the optimal solution nonlinear programming model, The Hickory Cab...

The Hickory Cabinet and Furniture Company makes chairs and tables. The company has developed the following nonlinear programming model to determine the optimal number of chairs (x1

Explain cutting edge or don''t have a lot of precedents, In what ways do yo...

In what ways do you think that scoping projects that are cutting edge or don't have a lot of precedents is a problem, and how do you think a project manager can address this

Explain what is the breakeven point for each oven, The owner of a pizza pla...

The owner of a pizza place is considering a new oven in which to bake the pizzas. Oven type A can handle 25 pizzas per hour. The fixed costs associated with oven A are $10,000 and

Explain transportation problem, How many constraints are there in a transpo...

How many constraints are there in a transportation problem which has 5 supply points and 4 demand points?

Finance and the marketing function, Question 1: (a) What degree of aut...

Question 1: (a) What degree of autonomy does the HRM enjoy in relation to its various stakeholders? (b) Is conflict inherent in the relationship between the HR function on

Relation of process design to types of process flow, Relation of Process De...

Relation of Process Design to Types of Process Flow There is a definite relationship between the production process and process flow. For continuous manufacturing the methods an

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