What is this years forecast using the linear trend

Assignment Help Operation Management
Reference no: EM13225551

The number of plumbing repair jobs performed by Augur's Plumbing Service in each of the last three months is listed below:

Time Period Demand
4 years ago 41
3 years ago 45
2 years ago 49
1 year ago 55

a. What is this year's forecast using a weighted moving average with the weights equal to .5, .3, .2?

b. What is this year's forecast using the linear trend (regression approach)?

 

Reference no: EM13225551

Questions Cloud

Define the ranking order based on molecular characteristics : The bases below are ranked lowest to highest. Explain the ranking order based on molecular characteristics.HCO2-Li+, HO-Li+, CH3CH2O-Li+.
Derive the transmission and reflection coefficients : Derive the transmission and reflection coefficients for the case of tunneling through a square potential barrier with 0
What percentage of flashlights sold : What percentage of flashlights sold can they anticipate will be returned within the first two and one half years?
Identifies why the actions in the reeves v. sanderson : Identifies why the actions in the Reeves v. Sanderson are not in compliance with federal employment laws
What is this years forecast using the linear trend : What is this year's forecast using the linear trend (regression approach)?
State nitrogen oxide is a pollutant in the lower atmosphere : Nitrogen Oxide is a pollutant in the lower atmosphere that irritates the eyes and lungs and leads to the formation of acid rain. Nitrogen oxide forms naturally in the atmosphere according to the following endothermic reaction
Lists the sequence of steps in the medical billing process : lists the sequence of steps in the medical billing process. In your own words, provide a 3- to 4-sentence explanation for each step.
What is the conversion efficiency of an amplifier : What is the conversion efficiency of an amplifier in which the effective value of the current through a 2.2-k? load is 5 mA and the drain on the 18-V dc supply is 3.8 mA
Name three examples of firms conducting a cost leadership : Name three examples of firms conducting a cost leadership strategy that use no advertising. Should they start advertising? Why or Why not.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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