N.c.math More InfoOn-hand inventory at end of week 1: 120WeekForecasted demandBooked ordersProjected ending inventoryMaster production scheduleAvailable to promise23203308403230330440023546052301306220100900726022582602658602959320300- X Complete the following master schedule record.Click the icon to view the master schedule record.Complete the master production schedule (enter your responses as whole numbers).On-hand inventory at end of week 1: 120WeekForecasted demandBooked ordersProjected ending inventoryMaster production scheduleAvailable to promise23203306308403230330300 36046044002355230130130067220 260100225810550900826026511458602959320300825

The master production schedule is a plan that helps the organization in determining what type of…

Answered: Complete the following master schedule…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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13. Value of a Customer. As the manager of credit cardservices at Bank of Hanover (BOH), you’re aware that theaverage proﬁtability of a credit card customer grows with thenumber of years they have used the credit card. Two probabi-listic factors affect actual proﬁtability. The mean proﬁtabilityfunction is given in the table below, which has been gatheredfrom data on BOH customers. The actual proﬁt in a given yearfollows a normal distribution, with a standard deviation equalto 25 percent of the mean proﬁt.In addition, there is a probability less than one that acustomer will continue to use the card during year t. Thisprobability is sometimes called the retention rate. For instance,an 80 percent retention rate means that, during any year, thereis a 20 percent chance the customer will cancel their credit card.Assume that if a customer cancels during year t, then thecancellation occurs at the end of the year, and BOH stillgets proﬁts from year t. The current retention rate has…
Question 18 A tire company needs a forecast for studded tires in the next forecast period. The company typically uses an exponential smoothing forecast using a smoothing constant of alpha = 0.20. The demand for the most recent period was 100 and the forecast for the same period was 110. Based on this information, what is the tire company's forecast for the next period? Group of answer choices a. 100 tires b. 102 tires c. 108 tires d. 110 tires e. Impossible to determine
t sales 1 324 2 245 3256 4 567 5 346 6 357 7 357 8 257 9 1678 What is the predicted future sales for time period 13?
Using the table, what is the paid occupancy percentage for the month? Month November Rooms in 300 Hotel Paid Rooms 5,497 Occupied 5,697 Rooms Paid Guests 5,948 Total Hotel $2,157,893 Revenue 63.30% 61.08% 59.11% 61.26%
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Data Types Sort Fiter Data Tools Forecast Outline G M. R. T. 6. The marketing manager of Hops Brewery must determine how many television spots and magazine ads to purchase within an advertising budget of $100,000. Each TV spot is expected to increase sales by 35,000 cases (each case contains 24 cans), whereas each magazine ad will cause an increase of 100,000 cases in sales. Hop's gross profit on sales is $2.00 per can. Each television spot costs $2,000. Each magazine ad requires an expenditure of $5,000. To have a balanced marketing program, the advertising budget must involve no more than $70,000 in magazine ads and no more than $50,000 in television spots. Determine how many TV spots and how many magazine ads should be purchased in order to maximize the net increase in beer profits.
Question TWO: i. Identify and explain the Major Steps involved in budgeting ii. What do you understand by business forecasting? and state the challenges faced in forecasting
Question 3 ABC Restaurant has made a forecast for last week's operations vs Actual result of the forecast last week. Period Monday Tuesday Wednesday Thursday Friday Actual 112 110 113 120 140 Forecast 115. 1041 110 115 135 Using this table above, solve for Mean Absolute Percent Error (MAPE) Note Round up to the last 2 decimals, example 9.6568->9 66 3
State why forecasting is important for airlines industry ?
Locate the Treasury bond in Figure 8.4 maturing in November 2042. Assume a par value of $10,000. What is its coupon rate? (Enter your answer as a percent rounded to 3 decimal places, e.g., 32.161.) What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What was the previous day's asked price in dollars? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Coupon rate Bid price Previous day's asked price %
php?attempt=104149&cmid%330865 aline Services v OS Ticket system My Dispense Academic Calendar N My courses 3) v Q b) Calculate the weighted moving average for periods 7 through 10 using weights of 0.6, 0.3, and 0.1. n Lo S : Cha Weighted moving Period Actual average 1 64 2 84 3 91 4 97 115 6. 135 7. 137 8. 144 6. 153 10 171 beriods 7 through 10. Use 5.
Seatwork Compute for MAD, MSE and MAPE using Moving Average Model (past 3 Weeks), В. А. Exponential Smoothing Model (a = 0.2) С. What is your sales forecast for Period 8 using A and B? Period Actual Sales Forecast Error Error| Error |Error %| 1 39 2 44 3 40 45 38 6 43 39 MAD MSE МАРЕ

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