Using a weighted moving average with weights of 060 030 and, Operation Management

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Using a weighted moving average with weights of 060 030 and

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.

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Operation Management: Using a weighted moving average with weights of 060 030 and

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Operation Management: Using a weighted moving average with weights of 060 030 and

Reference No:- TGS0562058

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : This point we have magnesium ions in solution and fluoride

Q : The solubility of radium oxalate rac2o4 in warm water is

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Operation Management: Using a weighted moving average with weights of 060 030 and

Reference No:- TGS0562058

Recent Questions Asked Operation Management

Q : This point we have magnesium ions in solution and fluoride

Q : The solubility of radium oxalate rac2o4 in warm water is

Q : Explain the costs assigned to units transferred to finished

Q : The operation of an induction machine here used as an

Q : Using a weighted moving average with weights of 060 030 and

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Q : Valence enterprises received a 5100 check from a customer

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Q : Let us assume that a synchronouse 3 phase alternator

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