What is betsys service level if she uses this policy

Assignment Help Operation Research
Reference no: EM13242812

Betsy's Blue Bonnet Bakery

 

 

 

 

 

a =

0.3

g =

0.5

b =

0.8

 

 

 

 

 

 

 

 

 

 

 

Actual

Trend

Slope

Seasonal

Forecast

Error

Quarter

t

Sales, Yt

Tt

bt

St

Ft

 

2003 W

1

    36,500

 

 

 

 

 

1988 S

2

    43,750

    36,500.00

    7,250.00

1.20

 

 

1988 S

3

    59,920

    48,601.00

    9,675.50

1.23

 

 

1988 F

4

    87,440

    67,025.55

  14,050.03

1.30

 

 

2004 W

5

  102,240

    87,424.90

  17,224.69

1.17

 

 

1988 S

6

  123,420

  104,144.98

  16,972.38

1.19

   125,436.15

          (2,016.15)

1988 S

7

  139,610

  118,753.37

  15,790.39

1.19

   149,325.16

          (9,715.16)

1988 F

8

  135,380

  125,312.56

  11,174.79

1.13

   175,522.72

        (40,142.72)

2005 W

9

  129,470

  128,753.89

    7,308.06

1.04

   159,616.61

        (30,146.61)

1988 S

10

  137,570

  129,989.43

    4,271.80

1.08

   161,612.88

        (24,042.88)

1988 S

11

  156,630

  133,566.44

    3,924.41

1.18

   159,379.23

          (2,749.23)

1988 F

12

  150,980

  136,498.26

    3,428.11

1.11

   154,702.82

          (3,722.82)

2006 W

13

  143,340

  139,362.57

    3,146.21

1.03

   145,291.38

          (1,951.38)

1988 S

14

  153,360

  142,190.68

    2,987.16

1.08

   154,509.63

          (1,149.63)

1988 S

15

  169,730

  144,939.30

    2,867.89

1.17

   170,664.76

            (934.76)

1988 F

16

  161,990

  147,249.54

    2,589.07

1.10

   164,053.12

          (2,063.12)

2007 W

17

  154,760

  149,940.86

    2,640.19

1.03

   154,408.75

351.25

1988 S

18

  164,780

  152,592.38

    2,645.85

1.08

   164,739.26

40.74

1988 S

19

  186,730

  156,466.79

    3,260.13

1.19

   181,930.65

           4,799.35

1988 F

20

  177,880

  160,230.59

    3,511.97

1.11

   176,029.75

           1,850.25

2008 W

21

  170,360

  164,152.06

    3,716.72

1.04

   168,951.59

           1,408.41

1988 S

22

  178,830

  167,190.82

    3,377.74

1.07

   181,270.26

          (2,440.26)

1988 S

23

  195,550

  168,732.72

    2,459.82

1.16

   202,826.81

          (7,276.81)

1988 F

24

  187,220

  170,501.72

    2,114.41

1.10

   189,772.64

          (2,552.64)

2009 W

25

  163,230

  168,070.53

      (158.39)

0.98

   178,936.82

        (15,706.82)

1988 S

26

  162,890

  163,137.87

   (2,545.53)

1.01

   179,944.64

        (17,054.64)

1988 S

27

  174,540

  157,361.67

   (4,160.86)

1.12

   187,085.45

        (12,545.45)

1988 F

28

  163,130

  151,724.53

   (4,899.00)

1.08

   168,543.79

          (5,413.79)

2010 W

29

 

 

 

 

   144,517.86

 

1988 S

30

 

 

 

 

   143,788.09

 

1988 S

31

 

 

 

 

   153,515.48

 

1988 F

32

 

 

 

 

   142,720.95

 

 

 

 

 

 

 

 

 

 

 

 

MSE =

175,943,211

 

 

 

1) Refer to the inventory output for Betsy's Blue Bonnet Bakery.  Here, Betsy is trying to determine the optimal order policy for birthday kits.  What is the safety stock?

2) What is Betsy's service level if she uses this policy?

3) If Betsy changes to a lost sales model, how would the policy be affected?

4) Refer to the forecasting output for Betsy's. This model is appropriate for the type of data.

a. True

b. False

Reference no: EM13242812

Questions Cloud

What differences between british side and german side : What differences between the British side and the German side does Jünger recognize as early as August 1916 ? ( From the book called "Storm of Steel" by Ernst Junger) Please be in detail and be accurate! The wrong information will have one star.
Based on the charts, is the process under control : Thermostats are subjected to rigorous testing before they are shipped to air conditioning technicians around the world. Results from the last five samples are shown in the table. Draw and R Chart and an x-bar chart.  Based on the charts, is the proce..
Explain how many moles of oxygen are consumed : How many moles of oxygen are consumed when 100. L of dinitrogen pentoxide are produced in the following equation 2 N2 + 5 O2 ---> 2 N2O5
How does banks finding relate to economists traditional : Recently, a bank was trying to decide what fee to charge for "expedited payments" - payments that the bank would transmit extra-speedily to enable customers to avoid late fees on cable TV bills, electric bills, and the like.
What is betsys service level if she uses this policy : What is Betsy's service level if she uses this policy and if Betsy changes to a lost sales model, how would the policy be affected?
How did the three mainland regions in british north america : How did the three mainland regions in British North America—New England. The Middle colonies, and the South—become more like one another between 1720 and 1750? In what ways did they become increasingly different?
What is the value of an fra that enables the holder to earn : The 12-month, 15-month, 18-month zero rates are 4.5%, 4.6%, 4.7% with continuous compounding. What is the value of an FRA that enables the holder to earn 5.7% (with semiannual compounding) for a 3-month period starting in 1 year on a principal of $1,..
What is the ratio of the final surface charge density : Consider two widely separated conducting spheres, 1 and 2, the second having twice the diameter of the first, What is the ratio of the final surface charge density of sphere 1 to that of sphere 2
By how much will the money-creating potential as whole drop : Suppose in the banking system as a whole, demand deposits are equal to $80,000,000 and reserves are equal to $17,000,000 with a legal reserve ratio of 10%. If the Fed doubles the required ratio, by how much will the money-creating potential

Reviews

Write a Review

Operation Research Questions & Answers

  Bioimetic vascular network design

What kind of material is needed for bioimetic vascular network design?

  Write a report on im operations governance

Write a report on IM operations governance

  Analyse the role of different stakeholders in tourism

Critically analyse the role of different stakeholders in tourism planning and policy

  Evaluate business value

How can internet technologies be involved in improving a process in one of the functions of business? Choose one example and evaluate its business value.

  Case study:the british airways story

Case study:The British Airways story

  Prepare a research proposal

Prepare a Research Proposal based on a business issue.

  Create the feasible solution space

Solve the following problem graphically and create the feasible solution space.

  Calculate annual rate of return

No additional fixed costs would be incurred if this proposal is accepted

  Compute the company''s predetermined overhead rate

Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year

  Determine the probability distribution

Determine the probability distribution for demand using the given data.

  Give both a high-level algorithm and an implementation

Give both a high-level algorithm and an implementation (\bubble diagram") of a Turing machine for the language

  Red brand canners

Red Brand Canners Gordon asked Myers about the demand for tomato products for the coming year. Myers replied that they could sell all of the whole canned tomatoes they could produce.

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