Forecast the tracking signal

Assignment Help Operation Management
Reference no: EM1399843

The following are monthly actual and forcasted demand level for may through December for units of product manufactured by N.
Month Actual demand Forecast demand
May 100 102
June 78 100
July 110 97
August 115 101
September 108 108
october 110 106
November 125 102
December 115 111

For the given forecast, the tracking signal = ? MADS (Round to two decimal places)

 

Reference no: EM1399843

Questions Cloud

Control-chart limits for averages for the boxes of cereal : The overall average for the samples is 17 ounces. The range is only 0.5 ounce. Determine the upper and lower control-chart limits for averages for the boxes of cereal.
Estimate upper and lower control limits : Computer upgrades have a nominal time of 80 minutes. Samples of five observations each have been taken, and the results are as listed.
Describe the requirements of forecast demand requirements : Describe the requirements of forecast demand and capacity requirements for financial planning, leading to proper business valuation.
Surveyed married and unmarried people : 11.9% reported they were in fair or poor health, including 10.5% of the married people, 19.6% of widows, 16.7% of divorced or separated, 12.5% of those never married, and 14% of those living with an unmarried partner.
Forecast the tracking signal : The following are monthly actual and forcasted demand level for may through December for units of product manufactured by N.
Name the variable of interest : The faculty members at Boise State University were surveyed on the question "How satisfied were you with the Summer 2002 Schedule?" Their responses were to be categorized as "very satisfied," "somewhat satisfied," "neither satisfied nor dissatisfi..
Implications of price wars for a company : Under what environmental conditions are price wars most likely to occur in an industry? What are the implications of price wars for a company?
Correlation between height : Say, for example, the correlation is 0.75 between Height (measured in inches) and Weight (measured in pounds). If Height were changed to being measured in centimeters (where 1 inch = 2.54 centimeters) what effect would this have on the correlation..
Business strategy in the increasingly competitive pc market : Discussion is about Dell Computer's business strategy in the increasingly competitive PC market. For this discussion, research the company and its business strategy and answer the following case questions.

Reviews

Write a Review

Operation Management Questions & Answers

  It is essential that an organization has an appropriate

It is essential that an organization has an appropriate value proposition. The firm cannot prepare a strategic plan until they have the value proposition developed

  Promotions shall be made on the basis of qualifications

Promotions shall be made on the basis of qualifications, merit, and seniority. Promotions out of the bargaining unit remain management's prerogative

  Businesses not only respond and react to external forces

Businesses not only respond and react to external forces, but can also attempt to influence them

  What types of decisions common to manufacturing firms

What types of decisions common to manufacturing firms does Amazon make? What types of decisions common to service firms?

  Decide the economic order quantity

A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Yearly carrying costs are $75 per bag.

  Construct a pie chart that plots the percentage of patients

Construct a pie chart that plots the percentage of patients unssatisfied with their meals. Set the control limits to include 99.73% of the random variation in meal satisfaction.

  What is the expected number of samples observed

What is the expected number of samples observed before the shift is detected? What is the probability of detecting this shift by the second sample after the shift has occurred?

  Now suppose he says that if he is optimistic about success

Now suppose he says that if he is optimistic about the success of one project, he is likely to be optimistic about the others as well. For you simulation, this means that if on probability increases

  Explain the relationship of strategic objectives information

Explain the relationship of strategic objectives information to PMO outpuits. Explain how executives might be operating today without this information

  Confine your analysis to given data

Elucidate however, prepare a cash budget for June. Confine your analysis to given data. Ignore income taxes also o r possible items which might affect cash. Sales proceeds are calculated as follows: 80% month of sales, 10% third month.

  Question on research design

What factors are most significant to you in determining the research design? Why do some researchers change their hypotheses after selecting the theoretical framework?

  A firm has redesigned its production process

A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took 15 hours to make a unit

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