Multiplicative seasonal model

Assignment Help Operation Management
Reference no: EM132169780

A kid's toy store found that its quarterly sales of $1,000 can be adequately forecasted by the following multiplicative seasonal model.

Trend Component: T = 150 + 35t

Seasonal Index: Q1= .81 Q2= 1.09 Q3= .91 Q4= 1.19

Origin = Q4, 2012

Units (t) = Quarterly

A. Forecast sales for 2019

Reference no: EM132169780

Questions Cloud

What is the deal with overconfidence : Why would we do Expert Elicitation (EE) at all? In what scenarios is it useful? What is the deal with overconfidence?
What you believe is the best approach to doing the given : As leaders make strategic decisions, they must balance the interests of various stakeholders - employees, customers, shareholders, suppliers, unions/activists.
Components of strategic planning and financial planning : Articulate the key components of strategic planning and financial planning and relate these to the healthcare industry.
Monitor marketing investments on quarterly basis : The CEO has asked you to prepare a dashboard for her that she can use to track and monitor marketing investments on a quarterly basis.
Multiplicative seasonal model : A kid's toy store found that its quarterly sales of $1,000 can be adequately forecasted by the following multiplicative seasonal model.
Explain the current situation of the organization in market : Select an organization and prepare a strategic plan to grow the business over the next three years. Your strategic plan must include the following.
The resulting annual ordering cost and holding cost : What is the optimal order quantity? What are the resulting annual ordering cost and holding cost?
Employer perspective and the employee perspective : Include a summary of the article and your analysis of the situation from both the employer’s perspective and the employee’s perspective.
Important to both organizational and individual success : Explain why continuing education for professionals is important to both organizational and individual success.

Reviews

Write a Review

Operation Management Questions & Answers

  Develop a control chart and plot the means

A production process for the JMF Semicon is monitored using x and R charts. Ten samples of n = 15 observations have been gathered with the following results.

  What did the individuals you listed do that demonstrated

Provide 2-3 examples of when you witnessed authentic leadership. What did the individuals you listed do that demonstrated authenticity and how does this compare to the findings of this week's journal article?

  Create an analogy or metaphor

Create an analogy or metaphor that explains how banks create and destroy money - one that would be understood by someone with absolutely no background in economics.

  How many units will the store have on order

On average, how many units will the store have on order? What in-stock probability would they achieve?

  Developing an ergonomic program to reduce wmsd

Discuss the guidelines for developing an ergonomic program to reduce WMSDs in the former OSHA Ergonomics Legislation. Include management leadership, employee participation, hazard analysis, training, and program evaluation.

  What is the best source for ethical business practices

What is the best source for ethical business practices: The individual employee, or the business organization itself?

  Made contributions to the judge election campaign

During a court case, it was determined that both the litigants and their attorneys had made contributions to the judge's election campaign. It was therefore ethically essential that the

  What extent can leaders manage their followers

Discuss - to what extent can leaders manage their followers? Relationships at work: Do they work? What are the legal implications?

  Illustrate what is wrong with spending the first few minutes

illustrate what is wrong with spending the first few minutes of the next day performing these sorts of duties. Explain the logic of your response.

  Organizations disaster recovery and business continuity plan

ISOL632: Write a paper comparing your organization's disaster recovery and business continuity plans with the best practices .

  How does published research affect the health care industry

What are benefits of writing and publishing results of health care research? Describe at least three benefits of publishing. How does published research affect the health care industry?

  Examine the existing procedures related to health services

Examine the existing procedures related to at least four (4) of the ten (10) essential public health services.

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