Monthly demand for a product

Assignment Help Operation Management

Reference no: EM131280532

Monthly demand for a product has been as follows in the last 2 months. July 60 units August 56 units What is the forecast for September using exponential smoothing with alpha = 0.4 if the forecast for July was 70 units?

Reference no: EM131280532

Questions Cloud

Adopted corporate strategy aimed at minimizing possibility : Bravo enterprises has adopted a corporate strategy aimed at minimizing the possibility of their employees becoming unionized. the company recently instituted a rule that employees could not discuss unionizing or distribute union literature while on w..

Find the optimal solution using the graphical method : A chemical manufacturer produces three chemicals: A, B and C. These chemicals are produced via two production processes: 1 and 2. Running process 1 for an hour costs $4 and produces 3 units of A, 1 unit of B and 1 unit of C. Find the optimal solution..

Each student to breakeven after including the desired profit : A training company is planning to offer a 3-day short course. The company has the following cost components to pay for. How much does the company need to charge per student to break even if management expects 20 students will sign up. If the company ..

Distinguish between design capacity and effective capacity : Give examples of organizations that are using each of the strategies for improving service productivity (the strategies are: Increased use of technology, training and development, universial beliefs, recruitment planning, reducing service level, incr..

Monthly demand for a product : Monthly demand for a product has been as follows in the last 2 months. July 60 units August 56 units What is the forecast for September using exponential smoothing with alpha = 0.4 if the forecast for July was 70 units?

Printing startup seeks niche in low-cost prosthetic legs : An article on Wall Street Journal called, "3-D Printing Startup Seeks Niche in Low-Cost Prosthetic Legs". The article is about a startup company called SHC Design Inc. that is using 3D printing to produce custom-made polymer limbs. Mr. Ando lost his ..

What are the components of the supply chain : What are the components of the supply chain for the automobile? What are the different firms involved in the supply chain? what are the objectives of these firms? Provide examples of conflicting objectives in this supply chain? What are the risk that..

Calculate the uniform annual cost : An alternative has a discounted project cost of $5,215,000 with no salvage value. The estimate was in constant dollars and the discounting used mid-year factors. While the period of analysis is 4 years, the alternative only provides benefits for the ..

The treatment of two health workers infected : The treatment of two health workers infected with the Ebola virus in 2014 with experimental medicine raised questions about whether medicine that has never been tested and shown to be safe in people should be used in the outbreak, and, given the extr..

User Account

All Pages