CH 4 Quiz – MAPE
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Given the demand and forecast for each period… find the MAPE
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Given the demand and forecast for each period… find the MAPE
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Given the amount of roses sold each year and weights… using the weighted moving average model, find the forecast for year seven.
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Given alpha, and the demand and forecast for each period… find the forecast for the month.
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What are the expected requirements for a good or service?
When given alpha and three months of consecutive data, it gives the the forecast for the three months and the fourth month.
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Asks about Naive Method
Given the amount of chemicals used, the labor cost, miscellanious expenses, and the percentage of which the chemical usage increases… find the percent that productivity has decreased.
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Given a large data table of activities, slack, normal time, crash time, and crash cost, determine which activity would be the best for the crashing option to reduce the project by a week.
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Given the actual demand, forecasts, and alpha for the current period… use exponential smoothing to determine the forecast for the next period.
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Given a table with X and Y numbers, develop a linear regression forecasting model, solving for the slope (b) of the line.
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