Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
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Chapter 13, Problem 1P

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13.1 Prepare a graph of the monthly forecasts and average forecast demand for chicago paint corp., a manufacturer of specialized paint for artists.

MONTH PRODUCTION DAYS DEMAND FORECAST
January 22 1,000
February 18 1,100
March 22 1,200
April 21 1,300
May 22 1,350
June 21 1,350
July 21 1,300
August 22 1,200
September 21 1,100
October 22 1,100
November 20 1,050
December 20 900
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QUESTION # 7 A small restaurant offers tacos to their patrons. One of their specialties is the Mega Taco Supreme. A weekly forecast of the demand of this special taco is to be made in order for the manager to order taco shells in time. Recently the demand has been as follows: Week Tacos Week Таcos April 6 April 13 Аpril 20 April 27 May 4 Мay 11 56 60 65 56 55 50 a. Forecast the demand for the taco for April 27 to May 18 by using the simple moving average method with n-3. Then repeat the forecast by using the weighted moving average method with n=3 and weights of 0.5, 0.3, and 0.2 with 0.5 applied to the most recent demand. b. Calculate the MAD for each method and compare.
Question 1 The monthly demand of a company is showed below, please use the static method to forecast the demand for Year 6. Sales Year 1 Year 2 Year 3 Year 4 Year 5 JAN 2,000 3,000 2,000 5,000 5,000 FEB 3,000 4,000 5,000 4,000 2,000 MAR 3,000 3,000 5,000 4,000 3,000 APR 3,000 5,000 3,000 2,000 2,000 MAY 4,000 5,000 4,000 5,000 7,000 JUN 6,000 8,000 6,000 7,000 6,000 JUL 7,000 3,000 7,000 10,000 8,000 AUG 6,000 8,000 10,000 14,000 10,000 SEP 10,000 12,000 15,000 16,000 20,000 OCT 12,000 12,000 15,000 16,000 20,000 NOV 14,000 16,000 18,000 20,000 22,000 DEC 8,000 10,000 8,000 12,000 8,000 Total 78,000 89,000 98,000 115,000 113,000
QUESTION 4 Calculate four periods moving average forecast from the following last six periods Period Demand 1 38 40 42 4 40 44 38 O a. 40 Ob.41 Ос. 42 Od. 43
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