What is the projected on-hand inventory at end of period two

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1. A firm has 64 units of a product on hand. Forecasts of demand are for 26 units per week. An MPS quantity of 100 units is planned to arrive in period 3. Customer orders are 28 for period 1, 16 for period 2, and 20 for period 3. What is the projected on-hand inventory at the end of period 2?

2. There are several new Patient Registration staff. They have been inconsistent in entering information on patients upon registration. It led to duplicate patient entries in the Master Patient Index (MPI), which is causing serious problems with electronic health records and data analysis in general. How will you ensure that entries are more accurate?

3. In order to increase the responsiveness of a forecast made using the “moving average method” what can we try? Describe in terms of number of averaging period.

 

Reference no: EM132185498

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