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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Given six months (November-April)… find the four month moving average.
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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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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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Given the number of books the school restocks in a day, and the new number of operating shifts, determine what happened to productivity.
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Given the past three years’ seasonal index values for July, along with the average demand over all the months during this time period… find the approximate seasonal index for July.
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Given the hours that a small metal shop operates, and if productivity increases by a given %, determine the hours that the plant would have to work to produce a certain number of parts.
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Given a table of 5 different periods and their corresponding values as well as three different weights… calculate the three-period weighted moving average forecast for period 6.
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Given two different forecasting techniques… determine which one more accurately forecasts the actual demand.
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Given a giant grid of PPM, OTIF, PPV, and Turns… determine the Supplier Performance Rating.
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Works for three weights given and gives you the forecast. Uses highest weight on most recent data.
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