Use appropriate technique to develop forecast

Assignment Help Operation Management
Reference no: EM132278905

Air travel on Mountain Airlines for the past 18 weeks was: Week Passengers 1 405 2 410 3 420 4 415 5 412 6 420 7 424 8 433 9 438 10 440 11 446 12 451 13 455 14 464 15 466 16 474 17 476 18 482

a. Explain why an averaging technique would not be appropriate for forecasting.

b. Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks.

Reference no: EM132278905

Questions Cloud

What is your position on the involvement of corporations : What is your position on the involvement of corporations in art? Elaborate. Does it affect your opinion of these artists or music?
Element of pragmatic practice for daily operations : How is the multi-modal system used effectively as an element of pragmatic practice for daily operations within your supply chain?
Could be an engine for economic growth : Give two examples of fiscal stimuli and explain why/when a government would use these. Explain how corporate tax cuts could be an engine for economic growth.
Drive changes to the theory or strategy of supply chain : Do you envision any radical changes in your industry that would drive changes to the theory or strategy of supply chain?
Use appropriate technique to develop forecast : Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks.
What is the governmental process : What is the governmental process that the sheriff Department budget will have to go through in order to be approved by the City/State government.
How much would we expect ice to have : The CPI for 2019 is approximately 746.75 in 1967 dollars. Based on the 2019 price and CPI, how much would we expect ice to have cost in 1967?
Developing attraction strategy as part of recruitment : Successful organizations spend time developing an "attraction" strategy as part of recruitment.
Calculate actual data throughput against underlying data : KF7031 - Wireless Networks and Security - Northumbria University - 802.11 WLAN data throughput and security overheads - perform a number of experiments

Reviews

Write a Review

Operation Management Questions & Answers

  Discuss why this client should have a social media policy

Discuss why this client should have a social media policy and what are some of the important elements of a good social media policy.

  What is the economic order quantity

What is the economic order quantity? What is the optimal number of orders per year?

  What map coordinates should the central hub

Using the Centroid method, at what map coordinates should the central hub be located? Please provide at least one step of calculation for each of the two map coordinates of the centroid for full credit.

  Discuss the topic- managing for organizational integrity

Using 200 words, write a brief discussion, in your own words the way the article relates to the selected chapter Key Term.

  Elements that make them starfish and spider organizations

There are as many traditional organizations relying on centralized decision-making, as there are non-traditional organizations that rely on de-centralized decision making. Do some quick research to find 3 Spider and 3 Starfish organizations. You can ..

  Minimum annual tuition they can charge in cooking programs

To assure they at least break even at 200 enrollments, what is the minimum annual tuition they can charge in the cooking programs?

  Case study on coleen colombo

The case study (Coleen Colombo and Colleagues Resist Mortgage Fraud) will include a Synopsis and three Findings of Fact. Each Finding of Fact will require a justified recommended solution. Students should support their recommended solutions with ra..

  About the indirect approach for negative messages

Which of the following is NOT true about the indirect approach for negative messages?

  What are some pitfalls of team decision making

What is the rational decision making model? What are some pitfalls of team decision making? How do you remedy or prevent unethical decision making?

  Important for human service

Why is it important for human service providers to be culturally competent?

  Financial statements and compute/analyze financial ratios

Explain the importance to an investor of reading carefully through the financial statements and compute/analyze financial ratios.

  Explain the concept of productivity

List the steps in the basic control process and how you would respond to the statement, "Control is a process that should be employed intermittently?" Explain the concept of productivity.

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