Produce a forecast for the month of july

Assignment Help Operation Management
Reference no: EM132736243

The demand for an item in June is 48 units compared to the forecast of 51 units. Use exponential smoothing with alpha =.2 to produce a forecast for the month of July. Round to one decimal (no partial credit for not following directions on rounding)

Reference no: EM132736243

Questions Cloud

Describe the change in deferred taxes : The ABC Company bought a new machine on October 1, 2014 for $110,000. It planned to keep the truck for four years at which time it expected to sell the truck.
How much will have to pay to avoid paying finance : A new hot tub for $5238, and they pay only the minimum for the first 11 months, how much will they have to pay to avoid paying finance charges?
Compute the basic EPS : During the same year, the company has a net income amounting to P1,000,000. Compute the basic EPS in the following independent scenarios
Compare and contrast liquidity and solvency : Compare and contrast liquidity and solvency. Choose at least two items or events that will affect a company's liquidity and solvency.
Produce a forecast for the month of july : The demand for an item in June is 48 units compared to the forecast of 51 units. Use exponential smoothing with alpha =.2 to produce a forecast for the month
Compute the amount of the lease liability : The machine has an economic life of 10 years with no residual value and reverts to Sheridan at the termination of the lease. Assume that Dexter Corporation.
What is the weekly forecast if may has five weeks : A company manufactures staples. In the month of May, they have forecasted 42100 boxes. In calculating the MPS, what is the weekly forecast if May has five weeks
Provide a schedule that discloses the individual costs : Provide a schedule that discloses the individual costs making up the balance in the land account in respect of land site Z as of December 31, 2021
How it influences our impression of characters and events : Discuss the passage of time in the novel and how it influences our impression of characters and events, especially the glossing-over of 18 years in chapter 11.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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