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National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month/Sales (000) Units Feb 16 Mar.17 Apr. 11 May. 29 Jun. 19 Jul. 21 Aug. 21 Forecast September sales volume using each of the following: 1.A linear trend equation 2.A five-month moving average 3.Exponential smoothing with a smoothing constant equal to .30, assuming a March forecast of 16(000 4. The naive approach 5. A weighted average using .60 for August, .10 for July, and .30 for June.
Henderson Furniture sells reproductions of 18th century furniture. For a particular table, the following information is valid. Month | Demand Jan 81 Feb 89 Mar 100 Apr 130 May 97 J
Explain Downward communication. Downward communication: It moves downward in an organisation. The formal communication in between a subordinate and superior where the superio
scope of operation research
Role or Forecasting in capacity Planning The marketing department plays a major role in providing demand forecasts based on which both long term as well as short term capacity p
In return for employee rights guaranteed in the union contract, union employees agree to all of the following except to: A. abide by the employer's work rules. B. follow supe
1) Discuss the differences between transnationals and global corporations. 2) Compare political risk in the US to that of Egypt. Is there more in one country and what is the imp
A manager receives a forecast for next year. Demand is projected to be 580 units for the first half of the year and 930 units for the second half. The monthly holding cost is $2 pe
Advantages and Disadvantages of ERP Systems Advantages May provide strategic advantage Integrates the supply chain May provide reduced costs Off the shelf co
What are the consequences of ignoring a conflict within a project team?
Office Supreme, Inc., a local retailer of office supplies, faces demand for one of its inventory items at a constant rate of 240,000 units per year. It costs Office Supreme $38 to
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