Long-range (and Short-term and Medium) Forecasting Includes What Categories.
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Gives the lists included in short range, medium range, and long-range forecasting.
Quiz – A Cleaning Company
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
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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Quiz – Exponential Smoothing (One Period Simple)
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
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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Quiz – Linear Regression Forecasting Model
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
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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Quiz – Mean Absolute Deviation
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Given four different forecast error values… calculate the mean absolute deviation.
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Quiz – Moving Average
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Given six months (November-April)… find the four month moving average.
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Quiz – Rental Forecast
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Given a large table of numbers including month, demand, average, average monthly, and the seasonal index, determine the room rental forecast
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Quiz – SDSU Library Books/Hr
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Given the shifts worked by the library each day and the number of books restocked, determine the productivity of books/hr.
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