What does use of the term sales

Assignment Help Operation Management

Reference no: EM1386267

National scan, INC., sells radio frequency inventory tags. monthly sales for a 7 month period are as follows

month sales (000) units

feb......... 19

march..............18

apr.................15

may................20

june................18

july..................22

aug..................20

you must forecast september sales volume using a linear trend equation, a 5 month moving average, exponential smoothing wih a smoothing constant equal to.20 assuming a march forecast of 19(000), the naive approach, a weighted average using .60 for august, .30 for july, and .10 for june. which method seems least appropriate. what does use of the term sales rather than demand presume?

Reference no: EM1386267

Questions Cloud

Similar population standard deviations : Construct a 99% confidence interval for the difference between the true average boot times of the two types of hard drives. Assume the difference will represent (HDD-SSD) and that the population standard deviations are statistically the same.

Non standard nucleotide x in dna : Suppose that a team of scientists exploring in the Amazon discover various novel species of bacteria that use a non-standard nucleotide "X" in DNA.

Use company-s existing lan to replace company-s pbx : Investigate and write down the report on using Internet phone and company's existing LAN to replace company's PBX.

Different type of arguments : Learning to argue well with supporting facts can be an asset on your job. What is the difference between an argument of disagreement and conflict and one of support and reasoning?

What does use of the term sales : the naive approach, a weighted average using .60 for august, .30 for july, and .10 for june. which method seems least appropriate. what does use of the term sales rather than demand presume?

Confidence interval and margin of error : The average delivery time is 26.7 with a standard deviation of 8.527. If the customer estimates the time using a 99% confidence interval, what is the margin of error?

Portfolio planning using optimization : Set this problem up as a linear programming model in Excel, and use Solver to determine how the $10 million should be invested. What is the overall return (in dollars terms)

Explanation for current potassium level : A patient with hypertension is being treated with hydrochlorothiazide and is due for a twenty-five mg dose shortly. Her latest potassium lab result is 2.4 mEq.

Describe ah tunnel between gateways-using esp-transport mode : Packets based on packet header. Describe the rationale for having AH tunnel between gateways and using ESP in transport mode between two hosts.

User Account

All Pages