Difference between dependent and independent demand

Reference no: EM13785333

Question 1 Describe in general terms, how you think the distribution system, for McDonald's works. •Problem 12-1 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. Month Motorcycle Sales January 9 February 7 March 10 April 8 May 7 June 12 July

10 August 11 September 12 October 10 November 14 December 16 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? •Problem 14-26 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: No-Shows Frequency 0 18 1 36 2 27 3 9 How many rooms should Dew Drop overbook?

Question 3 Describe a production environment in which MRP would be useful. Describe a production environment in which MRP would not be useful.

Question 4: Explain with an example the difference between dependent and independent demand. •Question 15-3 What are the objectives, inputs, and outputs of an MRP system

Reference no: EM13785333

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