Liquid detergent bottles of particular brand

Assignment Help Operation Management

Reference no: EM131739135

A salesperson at a local store has been monitoring the demand for 50-ounce liquid detergent bottles of a particular brand. The actual demand during the last 5 weeks is shown below: WEEK ACTUAL DEMAND (number of liquid detergent bottles sold)

Five weeks ago 400

Four weeks ago 410

Three weeks ago 421

Two weeks ago 430

One week ago 440

THIS WEEK ACTUAL DEMAND NOT KNOWN

Use trend-adjusted exponential smoothing to obtain the demand forecast for THIS WEEK.

Use the following: Exponentially smoothed forecast five weeks ago = 389 liquid detergent bottles

Exponentially smoothed trend estimate five weeks ago = 10 liquid detergent bottles

The smoothing constants: a =0.4 , B = 0.5.

Reference no: EM131739135

Questions Cloud

Importance in linear goal programming model : Find the optimal number of Regular and Sizeable rooms that addressed the following goals stated in order of importance in a Linear GOAL Programming Model

How age would affect your work as a sport psychology : Discuss how individual differences related to race, sexual orientation, gender, and age would affect your work as a sport psychology consultant.

Price and income elasticities : Calculate the price and income elasticities for the following demand functions.

Demonstrates the evolutionary nature of the world system : which demonstrates the evolutionary nature of the world system. Catalysts, such as these two wars, permanently altered our notions of war

Liquid detergent bottles of particular brand : A salesperson at a local store has been monitoring the demand for 50-ounce liquid detergent bottles of a particular brand.

Determine crumplers budgeted net profit : BBAC501 Assignment - Determine Crumpler 's budgeted net profit for the year 2017. (Hint: use contribution margin approach to income statement or variable

Equilibrium in this perfectly competitive market : In a perfectly competitive market, demand is given by Qd(P) = 60 - P. There exist 300 identical firms. Each firm's short run total cost function

Develop a case study for your peers to analyze : Develop a case study for your peers to analyze that includes an element or aspect of diversity.Describe the situation.

Compile a comprehensive business report on the organisation : INP202 - Industry Practicum Assessment - Industry Practicum Report. You are required to compile a comprehensive business report on the organisation

User Account

All Pages