East Texas Seasonings is preparing to build one processing center to serve its four sources of seasonings. The four source locationsare at coordinates shown below. Also, the volume from each source is provided. What is the center of gravity?X-coordinateY-coordinateVolumeAthens, TexasBeaumont, Texas30301502010350Carthage, TexasDenton, Texas10701005050400OX-28.125; Y = 31.25OX= 32500; Y = 35000%3DX 32.5; Y = 35X- 27.5; Y 40O center of gravity 28

Answered: Image /qna-images/answer/b813d6fe-010c-4381-82ab-b8b861ce32ba.jpg

Answered: East Texas Seasonings is preparing to…

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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Similar questions

The following table shows the actual demand observed over the last 11 years: Year Demand 1 7 Year Forecast 2 8 2 3 4 3 4 10 4 Using exponential smoothing with a = 0.30 and a forecast for year 1 of 6.0, provide the forecast from periods 2 through 12 (round your responses to one decimal place). 3 2 4 5 6 T 8 9 Year 1 Forecast 6.0 Provide the forecast from periods 2 through 12 using the naive approach (enter your responses as whole numbers) 5 12 5 6 7 6 7 8 11 14 7 8 9 10 9 10 10 10 13 11 11 11 8 12 12
Amalgamated Products which produces chemical materials has the following demand pattern for one of its key products. Weekly demand data is show below: Week Demand 1 1000 2 1250 3 800 4 1900 5 1640 6 2200 7 1870 8 2670 9 3210 10 2850 11 2200 12 2980 13 3790 14 4210 15 4716 Apply the Holt’s Model in forecasting the demand for period 16 What are the optimal values for alpha and beta if the decision-maker wishes to restrict both values to be between 0.25 and 0.65 What is the value of the minimized error term in this context? Show all related EXCEL plotsＢ Note: Include all EXCEL regression output and any plots
Problem 18-3 (Algo) Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. Last year This year JAN 150 170 FEB MAR 170 190 190 APR MAY 235 225 175 245 270 Forecast for the third quarter JUN 250 215 SEP 175 AUG JUL 195 185 OCT 250 ▸ NOV DEC 275 295
Use the sales data in the table ( attached Image) and apply the same forecast method when α = 0.1, 0.2, 0.3, 0.4, 0.5, 0.6, 0.7, 0.8, 0.9, and 1. What is the best value for α? What does the best value of α indicate or show in regards to the forecast model? (Hint: Use Microsoft Excel to solve the question)
The actual number of patients at Providence Emergency Medical Clinic for the first six weeks of this year follows: The value of the forecast is Week Actual No. of Patients 45 49 IT 56 40 44 55 Clinic administrator Dana Schniederjans wants you to forecast patient numbers at the clinic for week 7 by using this data. You decide to use a weighted moving average method to find this forecast. Your method uses four actual demand levels, with weights of 0.333 on the present period, 0.250 one period ago, 0.250 two periods ago, and 0.167 three periods ago. a) What is the value of your forecast? patients (round your response to two decimal places). 123456
The number of internal disk drives (in millions) made at a plant in Taiwan during the past 5 years follows: F Year 4 Disk Drives 142 164 196 204 216 B a) Using simple linear regression, the forecast for the number of disk drives to be made next year-isk drives (round your response to one decimal place)
The demand data for Double T Computer Services appears below. The company wants you to forecast the demand for period 4. What is your forecast using the least squares method? Period Demand 1 37 2 40 3 40
A hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated distance to be driven next year. The kilometers are driven during the past five years are as follows: year Distance (КМ) 3000 4000 3 3400 3800 3700 A) Forecast the number of kilometers for years 3-6 using an exponential smoothing method (a = 0.1). B) Find the MAD and MSE based on the forecast in part (a). 4.
Please solve this question...
3. Answer the followings. a. Myanmar CP Live Stock Company Limited Shipped Sausage boxes around Myanmar. A manager wants to forecast shipments for the first four months of the next two years by using Linear equation method. The monthly forecast equation being used is: y= 402 + 3x and determine trend amounts for the first four months of the next two year: January, x=24, February, x=25; etc. b. A farm implements dealer is seeking a fourth warehouse location to complement three existing warehouses. There are three potential locations, N.C; Atlanta, Ga.; and Columbia, S.C. Charlotte would involve a fixed cost of $4,000 per month and a variable cost of $4 per unit. Atlanta would involve a fixed cost of $3,500 per month and a variable cost of $5 per unit; and Columbia would involve a fixed cost of $5,000 per month and a variable cost of $6 per unit. Use of the Charlotte location would increase system transportation costs by $19,000 per month. Atlanta by $22,000 per month, and Columbia by…
Using exponential smoothing with alpha = .2, and assuming the forecast for period 11 was 80, what would the forecast for period 14 be?
Tasty Bread Company has monthly demand for one of its products as follows: March= 520; April=490; May=550; June=580; July=600; August=420. Compute the three-month moving average for July.

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