If you are to forecast for May using four month simple moving average, what would be your forecast
If you are to forecast for May using four month simple moving average, what would be your forecast
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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answer all the questions below and show each and every woorkings
You have just been given the following production reports as a new manager of a company;
|
January |
February |
March |
April |
Units Produced |
230 |
1,800 |
2, 800 |
3,000 |
Hours Per Machine |
325 |
200 |
400 |
320 |
No of machines |
3 |
5 |
4 |
4 |
show working and formulars used
- What percentage of production is February production?
- If you are to
forecast for May using four month simple moving average, what would be your forecast - Determine the average productivity unit for the first three months.
- Determine the average productivity units per machine.
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