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Using a weighted moving average with weights of 0.55, 0.35, and 0.15, for periods 3, 2, and 1 respectively, find the forecast for period 4. Period, X -2 -1 1 2 3 Select one: Output, Y 4 8 9. 10 a. 9.38 b. 10.0 c. 8.25 d. 13.25

Using a weighted moving average with weights of 0.55, 0.35, and 0.15, for periods 3, 2, and 1 respectively, find the forecast for period 4. Period, X -2 -1 1 2 3 Select one: Output, Y 4 8 9. 10 a. 9.38 b. 10.0 c. 8.25 d. 13.25

Practical Management Science
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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Using a weighted moving average with weights of 0.55, 0.35, and 0.15, for periods 3, 2, and 1 respectively, find the forecast for period 4. Period, X -2 -1 1 2 3 Select one: Output, Y 4 5 6 8 10 a. 9.38 b. 10.0 C. 8.25 d. 13.25 An assembly line currently produces 1,600 bronze valves using a 10-hour shift. If productivity is increased by 10%, it would then be Select one: a. 220 valves/hr b. 200 valves/hr c. 1,760 valves/hr d. 176 valves/hr
Transcribed Image Text:Using a weighted moving average with weights of 0.55, 0.35, and 0.15, for periods 3, 2, and 1 respectively, find the forecast for period 4. Period, X -2 -1 1 2 3 Select one: Output, Y 4 5 6 8 10 a. 9.38 b. 10.0 C. 8.25 d. 13.25 An assembly line currently produces 1,600 bronze valves using a 10-hour shift. If productivity is increased by 10%, it would then be Select one: a. 220 valves/hr b. 200 valves/hr c. 1,760 valves/hr d. 176 valves/hr
The goal of six-sigma quality in the service industry is to Select one: a. ensure 99.7% non-defective output because the control limits are at +3 standard deviations b. encourage customers to change their specifications so that the process can be capable c. train all workers to be black belts d. reduce variation so that the process will virtually always meet customer specifications What name is given to the process of randomly inspecting a sample of goods and deciding whether or not to accept the whole lot based on the results? Select one: a. Monitoring and Evaluation b. Statistical Process Control c. Quality Assurance d. Acceptance Sampling
Transcribed Image Text:The goal of six-sigma quality in the service industry is to Select one: a. ensure 99.7% non-defective output because the control limits are at +3 standard deviations b. encourage customers to change their specifications so that the process can be capable c. train all workers to be black belts d. reduce variation so that the process will virtually always meet customer specifications What name is given to the process of randomly inspecting a sample of goods and deciding whether or not to accept the whole lot based on the results? Select one: a. Monitoring and Evaluation b. Statistical Process Control c. Quality Assurance d. Acceptance Sampling
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