Question regarding the operations management

Assignment Help Operation Management

Reference no: EM13809292

Operations Management

II. The number of plumbing repair jobs performed by Augur's Plumbing Service in each of the last three months is listed below.

Time Period		Demand
4 years ago		61
3 years ago		64
2 years ago		69
1 year ago		77

A. What is this year's forecast using a weighted moving average, with the weights equal to .6, .3, .1?

B. What is this year's forecast using the linear trend (regression) approach?

III. The Readylite Company produces a flashlight in which product managers are trying to decide how long a warranty to issue.

If the managers believe the life of the flashlight follows a normal distribution with a mean of two- and- one half years and a standard deviation of six months:

a. What percentage of flashlights sold can they anticipate will be returned within the first two years?

b. What percentage of flashlights sold can they anticipate will be returned within the first three years/

c. What percentage of flashlights sold can they anticipate will be returned within the first two and one half years?

Reference no: EM13809292

Questions Cloud

Define the juvenile justice system : Comparing juvenile courts with adult courts. Include the following in your paper: An overview of the juvenile justice system

Mean abolute deviation and mean absolute percent error : Discuss the basic difference between the mean abolute deviation and mean absolute percent error

Determine the quantity demanded : Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $52 is imposed in this market.

How will you evaluate the leaders in your venture : Assess which strategic leadership skills are needed to grow your entrepreneurial venture. How will you evaluate the leaders in your venture to determine if they have the strategic leadership skills needed?

Question regarding the operations management : The number of plumbing repair jobs performed by Augur's Plumbing Service in each of the last three months is listed below.

Analysis of relationship between program premise and goals : Who are the key participants in these programs. What services do they provide to youths

Are specific formatting instructions necessary : Is he or she being too picky and should they lighten up a bit? Are specific formatting instructions necessary in a research report? Why or why not? If you are submitting a research report for publication or presentation, why should you be concerne..

Analyse the security attacks involved in a given scenario : The purpose of this assignment is to analyse the security attacks involved in a given scenario- BrightIdea is in the file storage business. They provide file storage to free and paid clients all over the world

Demonstrate ethical scholarship in appropriate : Write in a clear, concise, and organized manner. Your response should demonstrate ethical scholarship in appropriate and accurate representation and attribution of sources (i.e., APA); and display accurate spelling, grammar, and punctuation.

User Account

All Pages