Reference no: EM13670691
Question 1
Describe in general terms, how you think the distribution system, for McDonald's works.
Question 2
The Hartley-Davis motorcycle dealer in the Minneapolis- St. Paul area wants to be able to forecast accurately the demand for the Roadhog Super motorcycle during the next month. From sales records, the dealer has accumulated the data in the following table for the past year.
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Month
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Motorcycle Sales
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January
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9
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February
|
7
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|
March
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10
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|
April
|
8
|
|
May
|
7
|
|
June
|
12
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|
July
|
10
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August
|
11
|
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September
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12
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October
|
10
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November
|
14
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December
|
16
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1. Compute a three-month moving average forecast of demand for April through January (of the next year).
2. Compute a five-month moving average forecast for June through January.
3. Compare the two forecasts computed in parts (a) and (b) using MAD. Which one should the dealer use for January of the next year?
Question 3
Managers at the Dew Drop Inn are concerned about the increasing number of guests who make reservations but fail to show up. They have decided to institute a policy of over-booking like larger hotel chains. The profit from a paying guest averages $50 per room per night. The cost of putting up a guest at another hotel is $100 per room per night. Records show the following number of no-shows over the past three months:
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No-Shows
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Frequency
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|
0
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18
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1
|
36
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2
|
27
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3
|
9
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How many rooms should Dew Drop overbook?
Question 4
Describe a production environment in which MRP would be useful. Describe a production environment in which MRP would not be useful.
Question 5
Explain with an example the difference between dependent and independent demand.
Question 6
What are the objectives, inputs, and outputs of an MRP system?
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Evaluate the financial statements and the financial position
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Show what are the profit-maximizing price
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Critically analyse the concept of risk
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Compute a one-way anova
: Compute a one-way ANOVA - Determine the observed F value and determine the equation of the least squares regression line to predict y by x.
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Describe a production environment
: Describe a production environment in which MRP would be useful. Describe a production environment in which MRP would not be useful and explain with an example the difference between dependent and independent demand.
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High school students should spend two years in the military
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What factors operate in the vdot''s general and specific
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A small cash flow commitment
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Identify the categories of electronic commerce
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