The exponential smoothing forecast for the next period

Assignment Help Operation Management

Reference no: EM131283394

1. An assembly line consists of 158 tasks grouped into 9 workstations. The sum of all task times is 11.2 minutes. Cycle time for the line is 5.0 minutes. The efficiency of this line is approximately( )

2. Given an actual demand of 109, a previous forecast value of 104, and an alpha of 0.06, the exponential smoothing forecast for the next period would be( ).

3. A time series trend equation is 83 + 8.7 X. What is your forecast for period 3 ( )?

4. A foundry produces circular utility access hatches (manhole covers). If 93 covers are produced in a 25-hour shift, the productivity of the line is( )?

5. Gibson Valves produces cast bronze valves on an assembly line, currently producing 94 valves per shift. If the production is increased to 101 valves per shift, labor productivity will increase by( ).

Reference no: EM131283394

Questions Cloud

Discuss on current and future logistics strategies : Study and briefly discuss on current and future logistics strategies.

Communicating and what would have been a better decision : What did Joe, Mary, Bill and Ted do wrong in communicating and what would have been a better decision?

Approach to staffing used in organization and measurement : How would you design a staffing model to work effectively with the organizational needs and with sufficient metrics to know that you are finding the right candidates? What is the relationship between the approach to staffing used in the organization ..

Real-world situations and problems : Describe two different things that teachers can do to facilitate students' transfer of what is learned in the classroom to real-world situations and problems. (300 words)

The exponential smoothing forecast for the next period : An assembly line consists of 158 tasks grouped into 9 workstations. The sum of all task times is 11.2 minutes. Cycle time for the line is 5.0 minutes. The efficiency of this line is approximately( ). Given an actual demand of 109, a previous forecast..

Marketing to various consumer groups : What motivates consumers to make the decisions they do? How do health care organizations market to specific groups of consumers? In this Discussion, you will explore these questions and the connection between them. Prepare for this Discussion as f..

The four strategies the sporting goods shop might use : List and discuss each of the overall strategies that can be used to develop a segmentation approach. Provide an example of each of the four strategies the sporting goods shop might use.

What overall segmentation strategy would you suggest : What overall segmentation strategy would you suggest for a small entrepreneur starting his own business? Justify why you would recommend that particular approach.

Identify the typical customer for each of the six methods : A number of methods are used to segment markets.- Identify the typical customer for each of the six methods discussed in the text.

User Account

All Pages