Forecast demand using the simple moving average

Assignment Help Operation Management
Reference no: EM1386408

A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2007 = 100, year 2008 = 120, year 2009 = 140, and year 2010 = 210), which of the following is the simple moving average forecast for year 2011?

Reference no: EM1386408

Questions Cloud

Inorganic fertilizers to organic fertilizers : Inorganic fertilizers contribute to water pollution and your town is encouraging its citizens to switch from inorganic fertilizers to organic fertilizers, like seaweed powder, so as to minimize pollution.
Write down the java code for the bank : Write down the java code for the bank of Fraud. User is presented with menu which looks something like this: 1. Deposit 2. Withdrawal 3. Check Balance 4. Exit.
Evidence of a difference in the variability : At the .05 level of significance, is there evidence of a difference in variability in the shipping time between the two outlets? What decision should the carpet manufacturer make?
Explanation to allele frequency and selective pressure : The big majority of the frogs in this population are green. A few individual frogs carry a mutation that prevents the production of the green pigment.
Forecast demand using the simple moving average : A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2007 = 100, year 2008 = 120, year 2009 = 140, and year 2010 = 210)
What are the utilization and efficiency of the conference : The last event, although forecasted to have 1,000 participants, resulted in the attendance of only 950 participants. What are the utilization and efficiency of the conference facility?
Crossover point between existing process and the proposed : What is the crossover point between the existing process and the proposed process? If the owner expects to sell 9,000 pizzas, should he get the new oven?
Probability of mean and review for a chemistry test : Given that the mean of all 102 atomic numbers is 51.794, and the population standard deviation is 29.804, what is the probability that the mean of the 40 atomic numbers selected by the student will be at least 57.3?
Analyzing microbial life in the rocky mountains : Assume you are analyzing microbial life in the Rocky Mountains. You scoop up a water sample from a melted snow puddle because you are curious about the possible microbes that might live there.

Reviews

Write a Review

Operation Management Questions & Answers

  Explain why is framing perspective important

Explain why is framing perspective important. Explain how does it help managers to understand better challengers and conditions they face.

  Describing action research

If you were a part of an Action Research dissertation with your peer and Without your knowledge which you were being observed as the participant in a study.

  Analyze the structure of the global hamburger chain industry

the following questions using the data relevant to Jollibee at the time of the case writing. Do not update the case information to current time. Analyze the structure of the global hamburger chain industry relevant to Jollibee.

  Illustrate what is the total cost of this policy

Explain how many tires should Rocky Mountain order each time it places an order. Illustrate what is the total cost of this policy. Justify your answer and explain how calculations.

  Explain how much would company

If Felix Corp wanted to deposit an equivalent lump sum today instead to build safety net, explain how much would company.

  Identify item or service where all step are likely carefully

Is this explained how you did it? For your discussion, identify one item or service where all steps are likely to be followed carefully. Identify one where this is not case. Analyze subsequent scenarios.

  What might be some negative effects on perpetrators

In addition to obvious negative effects of illegitimate political behaviour on victims, such as those described in above case, illustrate what might be some negative effects on perpetrators.

  Develop separate production plans for chase

The forecast for monthly demand is given below. On average there are 22 production days in a month. It takes one worker three days to complete one unit.

  Determine the work backlog for each period

Given this information on planned and actual inputs for a service center, determine the work backlog for each period. The beginning backlog is 12 hours of work. The figures shown are standard hours of work.

  Illustrate what they do to exchange ideas

According to Spotlight on Small Business Box, "Big Motivators for Small Business", small businesses seem to be better at motivating employees with open communication also more broad-based responsibilities, where employees exchange ideas also becom..

  Which hotels chains use empowerment empowerment training

Which Hotels Chains use empowerment programs or empowerment training. Illustrate what is difference between leadership training also empowerment training.

  What is the seasonalized forecast for each day

What is the seasonalized forecast for each day of next week, A small family-owned restaurant uses a seven-day moving average model to determine manpower requirements.

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