Cindy’s favorite product in the store is the carrot cookie. Healthy Goods started selling carrot cookies just a few months ago, and they have not kept track of the sell out data. Cindy has been chatting with a few of the cashiers to get a sense of the overall demand for carrot cookies. The cashiers told her the store usually sells around 100 carrot cookies per week, although during the best selling week they can recall 204 carrot cookies were sold, and during a bad week only 49 cookies were sold. If they plan to have 85 cookies in inventory every week, what would be the probability of not fulfilling all the weekly demand?

Among these trend patterns, within the projection methods, choose the one that is most common when analyzing demand, and why?-Secular trend -Seasonal variation -Cyclical fluctuations -Irregular movements

A firm's short-term forecast helps top management in preparing a company budget. True or False True False < Prev 10 of 10 Next 27 28 tv S

I'm trying to determine optimal order quantity but only have a Mean forecast and a standard deviation of it to use for sales data. How would I determine the sales data to use in the optimal order quantity formula?

1. Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. They are conducting an inventory control study of all their items. The following data for the year 2006 are for one such item, which is not seasonal. [10 Points] Month Sales Jan Feb 18 19 Mar Apr May Jun 17 21 20 19 Jul 20 Aug 23 a. Use trend projection to estimate the relationship between time and sales (state the trend line equation in this problem). b. Calculate forecasts for February 2007, April 2007, and February 2008

Year Season Sales 2018 Winter 40 2018 Spring 29 2018 Summer 31 2018 Fall 40 2019 Winter 102 2019 Spring 87 2019 Summer 96 2019 Fall 132 2020 Winter 105 2020 Spring 93 2020 Summer 105 2020 Fall 117 2021 Winter 141 2021 Spring 39 2021 Summer 114 2021 Fall 123 What is the slope of the trend equation obtained by linear regression? Round to two decimal digits. What is the intercept of the trend equation obtained by linear regression? Round to two decimal digits. What is the seasonal index for Spring? Round to two decimal digits. The quarter number for Winter of 2018 is 1. What is the quarter number for Spring of 2025? What is the trend based forecast for Spring of 2025. Round to a whole number. What is the seasonally adjusted trend based forecast for Spring of 2025?  Please do not use excel to find the slope and intercept, thank you so much!

Consider the following financial data from the past year for Midwest Outdoor Equipment Corporation. Annual sales $24,324,000 Net income 2,975,000 Cost of goods sold 12,600,000 Total assets 10,550,000 Inventory 2,875,000 Receivables 3,445,000 The Midwest Outdoor Equipment Corporation has entered into a new contract with a major supplier of raw materials used in the manufacturing process. Under the new arrangement, called vendor managed inventory, the supplier manages its raw material inventory inside the manufacturer’s plant and bills only the manufacturer when the manufacturer consumes the raw material. This is expected to reduce total assets by $2 million. What is the expected change in return on assets? Note: Round your answer to 2 decimal places.

The K&R Camera shop sells all the latest cameras and accessories. To meet customer demand, the manager must forecast demand for items she sells. Lately the XR-42S zoom lens has been very popular. Recent monthly demand for this item has been as shown: Number of Lenses Month Sold 1 12 17 2 3 4 15 20 18 23 6.

A manager uses a trend equation plus quarterly relatives to predict demand. Quarter relatives are SR₁ = 0.9, SR₂ = 0.95, SR3 = 1.05, and SR₁ =1.1, The trend equation is: Fr=9+ 41. Over the past nine quarters, demand has been as follows: Period, t: Demand: Click here for the Excel Data File Compute the MAD and tracking signal for each period. (Negative values should be indicated by a minus sign. Round your intermediate calculations and final answers to 3 decimal places.) Period, t 1 2 3 4 5 6 7 1 2 3 4 5 6 7 В 9 14 18 20 22 28 30 36 42 45 89 Demand 14 18 20 22 28 30 36 42 45 MAD Tracking signal

Discuss the importance of accurate forecasts in supply chain management.