QUESTION 4Medex is a new medical supply company that only services the top 3 metro areas in the US and is looking to place it's warehouse - the cities, theirlocations, and their number of customers is listed belowNYC (40,74) -- 21 customersLA (34, 118) -- 16 customersChicago (42,88) -- 11 customersWhat is the Y coordinate of the center of gravity? Round your answer to the nearest one decimal. For example, if your answer is 23.3433, enter 23.3 intothe box.

Given, (x1,y1) = (40,74), w1 = 21 customers (x2,y2) = (34,118), w2 = 16 customers (x3,y3) = (42,…

Answered: QUESTION 4 Medex is a new medical…

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...

See similar textbooks

Similar questions

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
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
st Info Period 1 2 3 4 5 6 7 8 9 10 K Develop two exponential smoothing forecasts for periods 2 through 11. For the first forecast, use a = 0.3. For the second, use α = 0.7. Assume that your forecast for period 1 was 205. Click the icon to view the time series data. Find the exponential smoothing forecast for each period when a = 0.3 (enter your responses rounded to one decimal place). Demand 222 249 222 228 235 155 161 153 163 152 X Period 1 2 Demand 222 249 Forecast (α = 0.3) 205
Given: Year Demand 1 7 2 9 3 5 4 9 5 Predict the value for Year 5: 2 year moving average What is MSE for 2 year moving average? 2 year moving average using 0.6 (weight for the oldest period) and 0.4(weight for most recent period Exponential smoothing, =0.2 and forecast for Year 1 = 5 Linear trend Which forecast method has the least amount of error using MAD? What is the coefficient?
Please solve this question...
UltraPure used two different techniques (F1 and F2) to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are in the table below. PREDICTED DEMAND Period Demand F1 F2 1 68 67 60 2 75 67 67 3 70 71 70 4 74 69 72 5 69 71 77 6 72 70 77 7 80 72 75 8 78 75 83 a. Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your answers to 2 decimal places.)
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.
↑ As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years 1 Year 2 3 4 5 Heart Transplants 46.0 52.0 52.0 57.0 60.0 The director of medical services predicted 6 years ago that demand in year 1 would be 42.0 surgeries a) Using exponential smoothing with a of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place) 2 3 5 6 Year Forecast 1 42.0 4
Quarter. 2018 2019 2020 1 66 73 85 2 106 119 130 3 140 165 205 Using the same data in table 4 82 91 100 a) Use the technique of least squares method, find the trend line b) Find the trend values c) Forecast the sales for 2021 second quarter. d) Plot the time series data and trend line.
Sales of Volkswagens have grown steadily at auto dealerships in Nevada during the past 5 years (see table below). Q Year 1 2 3 4 5 a) Forecasted sales for year 6 using the trend projection (linear regression) method are Sales 455 510 518 575 590 sales (round your response to one decimal place).
Respond to each of the items using the following time series data. Period Demand 144 2 172 3 157 4 160 144 181 7 160 8 176 9. 149 10 183 11 182 12 149 13 153 14 164 15 153 16 104 Click here for the Excel Data File b. Compute all possible forecasts using a five-period moving average. (Round your answers to 1 decimal place.) Absolute Period Demand 5-period SMA Errors 1 144 172 3 157 4. 160 5 144 181 7 160 8 176 9 149 10 183 11 182 12 149 13 153 14 164 LO

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS