Compare the effectiveness of two-week four-week and


You have become concerned about the amount of copier paper used in your office after repeatedly running out of supplies. Your assistant keeps track of the number of reams (packages of 500 sheets) for 24 weeks:

Week

1

2

3

4

5

6

7

8

9

10

11

12

Reams of paper

232

263

271

248

235

261

207

243

237

293

243

260

Week

13

14

15

16

17

18

19

20

21

22

23

24

Reams of paper

253

270

230

253

238

272

222

243

289

238

262

234

a. Compare the effectiveness of two-week, four-week, and six-week moving averages. Which should you use to forecast copier paper use during the next week?

b. Compare the performance of the simple exponential smoothing model with smoothing constants of 0.01, 0.05, and 0.25. Assume a forecast for week 1 of 230 reams. Which constant worked best?

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Operation Management: Compare the effectiveness of two-week four-week and
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