Operations Management
Operations Management
13th Edition
ISBN: 9781259667473
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 3, Problem 31P

A textbook publishing company has compiled data on total annual sales of its business texts for the preceding nine years:

Chapter 3, Problem 31P, A textbook publishing company has compiled data on total annual sales of its business texts for the , example  1

a. Using an appropriate model, forecast textbook sales for each of the next five years.

b. Prepare a control chart for the forecast errors using the original data Use 2s limits.

c. Suppose actual sales for the next five years turn out as follows.

Chapter 3, Problem 31P, A textbook publishing company has compiled data on total annual sales of its business texts for the , example  2

Is the forecast performing adequately? Explain.

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second answer of part b

Chapter 3 Solutions

Operations Management

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