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
Your numbers will vary.
For residential housing prices in Florida, predict the housing price, and calculate the coefficient of determination.
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Estimate the energy use for each quarter in Year 26 (quarters 101-104) based on the given demand trend line equation and seasonal factors.
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Calculate the labor productivity, in dollars per labor hour, for a small Flagstaff job shop during the first week of March.
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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
What is the current stock price for company X? You are given an expected dividend and expected stock price, along with the market capitalization rate.
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Given company Y’s level dividend stream, determine the market capitalization rate for the firm.
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Given a dividend growth rate and market capitalization rate, estimate company Z’s stock price.
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