Calculate a tracking signal for months, Operation Management

Assignment Help:

The classified department of a monthly magazine has use a combination of qualitative and quantitative methods to forecast sales of advertising space. Results over a 20 month period are as follows. Month Error 1 -8 2 -2 3 4 4 7 5 9 6 5 7 0 8 -3 9 -9 10 -4 11 1 12 6 13 8 14 4 15 1 16 -2 17 -4 18 -8 19 -5 20 -1 a). Compute a tracking signal for months 11 through 20. Compute an initial value of MAD for month 11, and then update it for each month using exponential smoothing of alpha =.1. What can you conclude assuming limits of plus or minus 4. b). using the first half of the data, construct a control chart with 2s limits. What is the implication of this?


Related Discussions:- Calculate a tracking signal for months

Describe the term orginizational culture, Define the term orginizational cu...

Define the term orginizational culture. How might this company information enhance a sales presentation?

Explain various types of media that attracted your attention, List five adv...

List five advertisements from various types of media that attracted your attention. Discuss the characteristics that determined your selection

Explain what implications does that fact have for managers, The resource-ba...

The resource-based model identifies four criteria that firms can use to evaluate whether particular resources and capabilities are core competencies and can, therefore, provide a b

Question 2, Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to ...

Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 This exercise illustrates how when deciding among

Explain company that has faced scandal in the past decade, 1) Identify a we...

1) Identify a well-known company (this may include Dell, Nike, United Airlines, eBay, Southwest Airlines, or another firm) and describe its business-level (competitive) strategy. W

Explain product or a service, At what point does acceptable exaggeration be...

At what point does acceptable exaggeration become lying about a product or a service?

Explain job requirements help, How might formally written job requirements ...

How might formally written job requirements help you manage your work unit?

Operation mangment, George kyparsis determines his cost to be as follow

George kyparsis determines his cost to be as follow

Oprations process design, what is operation process design ? what are the i...

what is operation process design ? what are the important factors that effect a process design

Write Your Message!

Captcha
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