What will october forecast be

Assignment Help Operation Management
Reference no: EM131892353

Demand over the next four month was as follows:

Month Demand

June 58

July 58

August 63

Sept 62

We use exponential smoothing, with alpha set at 0.4, to forecast demand. Our July forecast was for 63. What will October forecast be?

Reference no: EM131892353

Questions Cloud

Demand experienced over the last four months : If to forecast demand we were using a four-period weighted average (with w1=0.5, w2=0.3, w3=0.1, and w4=0.1. what would our forecast for January be?
Find the amount of principal in the sixth installment : If the amount of interest in the third installment is $2000, find the amount of principal in the sixth installment.
Explain the theoretical framework to be used in ebp proposal : Explain the theoretical framework to be used in this EBP proposal. Describe how the identified theoretical framework is applied to this EBP proposal.
Write an academic paper on thr given title : Purpose: For the midterm assignment, you are to write an academic paper entitled: "The Development of Marketing and the Marketing Process."
What will october forecast be : We use exponential smoothing, with alpha set at 0.4, to forecast demand. Our July forecast was for 63. What will October forecast be?
Implications of necessary tradeoffs : Regarding test and evaluation (T&E) issues that may affect a program's acquisition strategy, the program office can use ____________ to aid in understanding
Briefly summarize united states versus jones : Briefly summarize Katz v. United States. Briefly summarize United States v. Jones.
Examine entrepreneurship and small business management : BUSI 435 DB 4 Reply to the following two topics, 300 words or more not including reference, as related to Entrepreneurship and Small Business Management.
Concepts for total quality management : Briefly, discuss one of the seven concepts for total quality management (TQM) concepts and describe one TQM tool and how it improves processes and products.

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