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Historical demand for a product is:January DEMAND 12 / February DEMAND 11/March DEMAND15/ April DEMAND 12/ May DEMAND 16 /June DEMAND 15
a. Using a weighted moving average with weights of 0.60, 0.30 and 0.10, find the July forecast.
b. Using a simple three-month moving average, find the July forecast.
c. Using a single exponential smoothing with a= 0.2 and a June forecast = 13, find the July forecast. Make whatever assumption you wish.
d. Using simple linear regression analysis, calculate the regression equation for the preceding demand data
e. Using the regression equation in d, calculate the forecast for July
Process configurations - products The categorisation of production systems according to volume of output was discussed: project, job shop, batch and continuous. The Hayes and
monthly production time for tep.
A portable lunch wagon is to be located along the main aisle of an industrial plant. The vendor wishes to locate the wagon so that the total walking distance for his customers is m
Definitions of Productivity 1. Productivity is the relationship between output generated by a production or service system and the input provided to create the output.
Discuss the legalese of bribery and bartering? Compare and contrast business ethics of two foreign countries.
The following marketing phenomenon occurs when there exists within two city blocks the following hamburger outlets: McDonald's, Burger King, Sonic, and Wendys.
Suppose a new hospital is to be built to provide emergency medical healthcare service to 5 town w coordinates (5,6), (1,3), 13,7), (11,2), (18,1) on a map. The existing transportat
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Forrester and Cohen is a small accounting firm, managerd by Joseph Cohen since the retirement in December of his parnter Brad Forrester. Cohen and his 3 CPA's can together bill 640
Applying the EBQ model, what batch size would you recommend for this product? How long will each batch take to produce, and how many batches per year will be made? Should this mode
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