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Value: 15.00 points Problem 3-2 National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000) Units Feb. 17 Mar. 16 Apr. 13 May. 24 Jun. 18 Jul. 21 Aug. 21 b. Forecast September sales volume using each of the following: (1) A linear trend equation.(Round your intermediate calculations and final answer to 2 decimal places.) Yt thousands (2) A five-month moving average. (Round your answer to 2 decimal places.) Moving average thousands (3) Exponential smoothing with a smoothing constant equal to .40, assuming a March forecast of 16(000). (Round your intermediate calculations and final answer to 2 decimal places.) Forecast thousands (4) The naive approach. Naive approach thousands (5) A weighted average using .60 for August, .20 for July, and .20 for June. (Round your answer to 2 decimal places.) Weighted average thousands
To determine the standard working time for a special job, following observation data is collected: Observation 1 2 3 4 5 6 7 8 Time (in second) 17 18 15 14 13 15 16 13 a) If the pe
What is the market share, sales levels and profit for the last 5 years for Subway Restaurant and Chick-Fil-A restaurant?
Global warming is a topic that has been on the news. In your own words, do you believe that there really is an environmental crisis or do you believe that there is "hype" to create
Draw the Flow Chart of Ant Algorithm?
Why should a first-line supervisor understand the organization's objectives? Why is this knowledge important to the supervisor's tactical planning?
Explain the specification of lead time. Lead Time has: (i) Time to place the order and to process the enquiries. (ii) Time to send the order to the supplier. (iii) Ti
Suzy, a bartender, can serve drinks at the average rate of one every 35 sec. During a hot evening recently, the bar was particularly busy and every 45 sec someone was at the bar as
Frequently, at the time the project charter is prepared there is only a very general understanding of the project, so if a budget is prepared it can only be a crude estimate.
Operations and Supply Chain Management : CELL PHONE DESIGN PROJECT 1. Draw a project network that includes all the activities 2. Calculate the start and finish times for each
The graphic design shop where you work as the Account Manager is doing well. Just last year, the owner hired three new designers and a receptionist, bringing the total number of em
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