The roller coaster at Treasure Island Amusement Park consists of 15 cars, each of which can carry up to three passengers. According to a time study each run takes 1.5 minutes and the time to unload and load riders is 3.5 minutes. What is the maximum effective capacity of the system in number of passengers per hour?
Define capacity measures for a (n)
a.) brewery-
b.) airline-
c.) Movie Theater-
d.) restaurant-
e.) pizza store-
The historical demand for the Panasonic Model 304 Pencil Sharpener in units is: January, 60; February, 80; March, 75; April, 95; and May 90.
a.) Using a four-month moving average, what is the forecast for June? If June experienced a demand of 100, what is the forecast for July?
b.) Using single exponential smoothing with standard deviation=0.2, if the forecast for January had been 70, compute what the exponential forecast would have been for the remaining months through June.