User Account

All Pages

Explain the trade off between responsiveness and stability

Assignment Help Operation Management
Reference no: EM13913005

1. Explain the trade off between responsiveness and stability in a forecasting system that uses time series data.
2. Who needs to be involved in preparing forecasts?
3. How has technology had an impact on forecasting?

Reference no: EM13913005

Questions Cloud

Omar has heard from some of his customers : Omar has heard from some of his customers that they will probably cut back on order sizes in the next quarter. The company he works for has been reducing its sales force due to falling demand and he worries that he could be next if his sales begin..
Discuss how you would manage a poor forecast. : Discuss how you would manage a poor forecast.
When a new business is started : When a new business is started, or a patent idea needs funding, venture capitalists or investment bankers will want to see a business plan that includes forecast information related to a profit and loss statement. What type of forecasting information..
What are the conditions that would have : It has been said that forecasting using exponential smoothing is like driving a car by looking in the rearview mirror. What are the conditions that would have to exist for driving a car that are analogous to the assumptions made when using exponen..
Explain the trade off between responsiveness and stability : Explain the trade off between responsiveness and stability in a forecasting system that uses time series data
What are some of the consequences of poor forecasts : What are some of the consequences of poor forecasts? Explain.
Choose the type of forecasting technique : Choose the type of forecasting technique (survey, Delphi, averaging, seasonal, naive, trend, or associative) that would be most appropriate for predicting
Suppose a software producer is about to release : Suppose a software producer is about to release a new version of its popular software. What information do you think it would take into account in forecasting initial sales?
Which type of forecasting approach : Which type of forecasting approach, qualitative or quantitative, is better?

Reviews

Write a Review

Operation Management Questions & Answers

  How should the assets be distributed

When the partnership is dissolved, its assets are $50,000, and its debts are $8,000. How should the assets be distributed? Be very specific as to the order of who gets paid what amounts when and why.

  Evaluate the idea of supplying generic printers to europe dc

Evaluate the idea of supplying generic printers to the Europe DC and integrating the product by packaging the power supply and the instruction manual at the DC just prior to delivery to the European resellers.

  What is the difference between frame-based knowledge

What is the difference between Frame-based knowledge, Object-based knowledge, and Rule-based knowledge?

  Compare the organizational structures of google and walmart

Compare the organizational structures of Google and Walmart. Explain what types of control processes might be found in each of the organizational structures.

  Compute the average product cost

Compute the average product cost. In order to reduce the number of wrong orders, Burger Shack is going to invest in a computerized ordering and cash register system. The cost of the system will increase the average order cost by $0...

  Assignment on strategy audit findings for nyanya

A strategy audit involves assessing the actual direction of a business and comparing that course to the direction required to succeed in a changing environment. A company's actual direction is the sum of what it does and does not do, how well the ..

  Iillustrate what can be said about the expected defect rate

Quality data has been logged also the subsequent statistical data has been extracted. Iillustrate what can be said about the expected defect rate.

  Commuter service-maintain customer satisfaction

Smails Airlines opened its doors in June 2004 as a commuter service, with its headquarters and only hub located in Birmingham. A product of airline deregulation, Smails Air joined the growing number of successful short-haul, point-to-point airlines, ..

  One of the consequences of the terrorist attack

One of the consequences of the terrorist attack of 9/11 was the passage by Congress of the Patriot Act. From an HR perspective, what has been the impact of the law?

  Technology and sustainability issues

Evaluate how technology, product, and process developments enable a large company like Anglo American to be sustainable, or not.

  List all the reasons you can think of why that may happen

What do you think is the proximity that America will have with a democrat as President in 2016 and

  How is capacity defined at a wastewater treatment plant

Wheaton Sanitary District. This tour of a wastewater treatment plant is an example of a high-volume, public project. How is capacity defined at a wastewater treatment plant. Throughout the year, the demand on capacity can vary significantly.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd