About the sales and operations planning process

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Reference no: EM132155958

Demand for a new five-inch color TV during the last six periods has been as follows:

Period / Demand (units)

1 / 109

2 / 110

3 / 103

4 / 170

5 / 81

6 / 130

1. What is the forecast for period 7 if the company uses the simple moving-average method with n = 4?

a. fewer than or equal to 115

b. greater than 115 but fewer that or equal to 120

c. greater than 120 but fewer than or equal to 124

d. greater than 125

Please provide explanation and/or show your work.

2. In the Covolo diving gear case, the following statement is true about the Sales and Operations Planning process:

a) Covolo changed from semiannual planning meetings to monthly meetings

b) The forecast did not change

c) Production met the increased demand volume

d) Suppliers increased shipment volume enough to meet the increased demand volume

3. A study was conducted on the relationship between the speed of different cars and their gas mileage. The correlation coefficient was found to be 0.35. Later, it was discovered that there was a defect in the speedometers, and they had all been set 5 miles per hour too fast. The correlation coefficient was computed using the corrected scores. Its new value will be:

A) -0.35

B) 0.40

C) 0.35

D) 0.30

Reference no: EM132155958

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