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1 what is random variation2 what is the mean absolute deviation mad why is it useful in forecasting3 what action should
over the past three months the demand for a product has been 255 219 and 231 calculate the three-month moving average
weekly demand for an item averaged 100 units over the past year actual demand for the next eight weeks is shown in what
using the data in problem 89 if the forecast for next year is 800 calculate the forecast for first quarterly demand
the average demand for january has been 90 and the average annual demand has been 1800 calculate the seasonal index for
the old deseasonalized forecast is 100 unitsalpha 025 and the actual demand for the last month was 150 units if the
the fast track ski shoppe sells ski goggles during the four months of the ski season average demand followsa calculate
use at least two different methodologies to develop as accurate a forecast for the demand as possible use each of those
has jans operation grown too large for her to control well why or why not what would you suggest she do what additional
1 what are the five costs associated with inventories2 name and describe the categories of inventory-carrying costs3
1 what are inventories why are they important to manufacturing companies2 what are the responsibilities of inventory
a florist carries an average inventory of 10000 in cut flowers the flowers require special storage and are highly
an importer operates a small warehouse that has the following annual costs wages for purchasing are 45000 purchasing
a company manufactures and sells a seasonal product based on the sales forecast that follows calculate a level
given the following data calculate a level production plan quarterly ending inventory and average quarterly inventory
in question 912 how much would profit increase if the materials costs are reduced by 200000question 912given the
if the annual cost of goods sold is 30000000 and the average inventory is 10000000a what is the inventory turns ratiob
over the past year a company has sold the following ten items the following table shows the annual sales in units and
a company is using a carrier to deliver goods to a major customer the annual demand is 2000000 and the average transit
a company is presently ordering on the basis of an eoq the demand is 10000 units a year unit cost is 10 ordering cost
an sku has an annual demand of 10000 units each costing 10 ordering costs are 200 per order and the cost of carrying
a company working toward jit will have smaller lot sizes when compared to using traditional methods discuss how this
what are the relevant costs to be considered when deciding whether to take a quantity discount on what basis should the
what is the economic-order quantity eoq formula define each term and give the units used how do the units change when
what are the relevant costs associated with the two formulas as the order quantities increase what happens to each cost