Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 2.9, Problem 34P

1

Summary Introduction

To calculate: Seasonal factors for each quarter.

Seasonal factors

Seasonal factors help in analyzing a serious of data and they identify all the changes of regular and recurring nature.

2

Summary Introduction

To determine: Deseasonlized time series or demand by using seasonal factors calculated in part 1.

Deseasonalized data

Deseasonalized data represents the continuous data rather than the seasonal data. Dematerialized data is generated by making some adjustments to seasonal data.

3

Summary Introduction

To calculate: The demand for all the quarters of year 4 for deseasonalized series by using six quarters moving average.

Demand forecasting

Demand forecasting is a process in which past data is used to estimate the expected demand of some future period.

4

Summary Introduction

To calculate: Estimated demand for all the quarters of year 4.

Demand forecasting

Demand forecasting is a process in which past data is used to estimate the expected demand of some future period.

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