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OM6 ONLINE-LMS INTEGRATED ACCESS
6th Edition
ISBN: 9781337118323
Author: Collier
Publisher: CENGAGE L
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Question
Chapter 5, Problem 4DQ
Summary Introduction
Interpretation: Difference between goal-post view of confirming specifications and Taguchi’s loss function is to be determined along with whether an individual would buy an automobile where goal-post model is used or where Taguchi model is used.
Concept introduction: The significance of any firm should be to offer a quality product to their consumers. The consumer expects better or value products for which they paid. Fulfilling the expectations of the consumer is sometimes hard but not impossible.
Expert Solution & Answer
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Students have asked these similar questions
Prepare a master schedule given this information: The forecast for each week of an eight-week schedule is 60 units. The MPS rule is
to schedule production if the projected on-hand Inventory would be negative without it. Customer orders (committed) are as follows:
Week Customer Orders
1
2
36
28
4
1
Use a production lot size of 85 units and no beginning inventory.
Note: In the ATP row, enter a value of 0 (zero) in any periods where ATP should not be calculated. Leave no cells blank - be certain
to enter "0" wherever required.
June
July
1
2
3
4
5
8
7
8
Forecast
60
60
60
60
60
60
60
60
Customer Orders
38
28
4
1
0
0
0
0
Projected On-Hand Inventory
MPS
ATP
Sales of tablet computers at Marika Gonzalez's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below:
Week
1
2
3
4
5
6
7
8
9
10
Demand 21 21
27
38 25
30 35
24 25
30
a) The forecast for weeks 2 through 10 using exponential smoothing with a = 0.50 and a week 1 initial forecast of 21.0 are (round your responses to two decimal places):
Week
1
2
3
4
5
6
7
8
9
10
Demand 21
21
27
38 25
30
35
24 25 30
Forecast 21.0 21
21
24 31
28
29
32 28 26.50
b) For the forecast developed using exponential smoothing (a = 0.50 and initial forecast 21.0), the MAD = |||||sales (round your response to two decimal places).
Sales of tablet computers at Marika Gonzalez's electronics store in Washington, D.C., over the past 10 weeks are shown in the table below:
Week
Demand
1
2
3
4
5
6
7
8
9
10
21
21
27
38
25
30
35 24 25
30
a) The forecast for weeks 2 through 10 using exponential smoothing with a = 0.50 and a week 1 initial forecast of 21.0 are (round your responses to two decimal places):
Week
1
2
3
4
5
Demand 21 21
27 38
Forecast 21.0
☐ G
☐
☐
6
7
25 30 35
∞ ☐
8
9
10
24
25
30
Chapter 5 Solutions
OM6 ONLINE-LMS INTEGRATED ACCESS
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