Use a three- quarter weighted moving average

Assignment Help Operation Management
Reference no: EM131029170

Consider the monthly sales data of a company for last year as well as first six month data for current year. Use a three- quarter weighted moving average, Forecast the sales of company for 3rd Quarter of current year. Use Weights of 4/7, 2/7 and 1/7, giving more weight to more recent data. Note, the 1ist quarter is Jan, Feb and March , 2nd quarter is Apr, May, June, 3 rd quarter is July, Aug and Sept, and 4 th quarter is Oct, Nov and Deck

Reference no: EM131029170

Questions Cloud

Describe ideos strategy in terms of size vs structure : Describe IDEO's strategy in terms of size vs. structure using the various descriptions given in chapter 10. Describe the size of their offices (number of people) and how they manage growth.
Produce more fuel-efficient-environmentally friendly fuels : Given the current state of energy use, which continues to grow exponentially in such countries as China and India, what measures can the United States and other Western countries take to produce more fuel-efficient and environmentally friendly fuels?..
Emirates commercial airline company : Write a report on “Emirates” commercial airline company. ‘Emirates' is a commercial airline company headquartered in Dubai and the airline was started by the government of United Arab Emirates in the year 1985. When started their operation, Emirates ..
Define your career choice and the specific company : Define your career choice and the specific company in which you will practice that career. (For the purpose of this paper, each student must choose a career and company setting.
Use a three- quarter weighted moving average : Consider the monthly sales data of a company for last year as well as first six month data for current year. Use a three- quarter weighted moving average, Forecast the sales of company for 3rd Quarter of current year. Use Weights of 4/7, 2/7 and 1/7,..
View the original indexed file as a sequential file : This should be helpful to view the original indexed file as a sequential file and view the modified indexed file as a sequential file.
Change theorists have attempted to introduce performance : Discuss the various ways in which change theorists have attempted to introduce performance and results into the implementation process. Be sure to include all four of the key theoretical approaches as outlined in exhibit 2-5.
Prepare the master budget for first four months of operation : Morganton Company makes one product and it provided the following information to help prepare the master budget for its first four months of operations: a. The budgeted selling price per unit is $60. Budgeted unit sales for June, July, August, and Se..
Describe the five main stages of gran marketing system : Describe the five main stages of gran marketing system

Reviews

Write a Review

Operation Management Questions & Answers

  The employer does not provide attractive opportunities

When an expat employee returns to her or his current employer but the employer does not provide attractive opportunities, she/he often may be hired by a competitor firm. Why

  Written responses for each issue and point out contingent

Prepare concise, written responses for each issue and point out any contingencies that should be considered.

  Prepare a crossover chart based on information given

Based first on your analysis of survey data and n on your analysis of crossover charts, give a justification for each location. Give a complete list of reasons for not selecting each of 3 sites. Prepare a crossover chart based on information given.

  Usury is the charging of excessive rates of interest

State licensing statutes require certain professionals and occupations to be licensed by the state in which they practice. Usury is the charging of excessive rates of interest. A minor may ratify a contract at any time during minority and for a reaso..

  Conflict-structural functionalism or symbolic interactionism

In chapter four, the author identifies ways that sprawl hurts cities. In your opinion, which of the ways identified by the author do you believe is the most harmful and why? Also, which of the following sociological perspectives best supports your an..

  Car solutions ccs a manufacturer of car and two-wheeler

car solutions ccs a manufacturer of car and two-wheeler engines has purchased a1000 bearings per week from a local

  Take stand and hire disabled person to break the ice

You are the newly hired HR manager in a family-run organization with a long standing informal policy of not hiring people with disabilities. You do a bit of investigation and discover the thought internally, that disabled workers will not be as produ..

  Specify using arbitration to resolve disputes with partners

Would you specify using arbitration to resolve disputes with partners in your supply network? Yes or no? Why? Whether you are an importer or an exporter, it is important to have an Incoterm strategy. Why?

  Statements highlights the prevention strategy of facilitator

Which of the following statements highlights the prevention strategy of a facilitator used to suggest a process?

  Linear programming model to minimize the operating costs

Field A and field B of a mining company produce two types of coals. Both fields can produce coal-1 and coal-2. The operating cost ($ per day) for field A and field B are $55,000 and $45,000, respectively. Write out a linear programming model to minim..

  What is driving the need for this transformational change

What is driving the need for this transformational change. Why is this considered a transformational change. Why can the firm not just keep doing what it has been doing

  After learning more about affirmative action

After learning more about affirmative action, do you feel that it is still necessary in the workplace? Why? Did affirmative action solve the problems it was intended to solve? Did it create more problems? Explain. As a manager in a firm which is thin..

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