Questions from General Operations Management

Q: Consider the information from Problem 7. Determine how the number of

Consider the information from Problem 7. Determine how the number of kanbans and the inventory level will be affected if the time required for Robert to receive the material increases to 30 minutes....

Q: Given the sales data from Problem 23, generate forecasts for months

Given the sales data from Problem 23, generate forecasts for months 7–24 using a six-period and a three-period moving average. Use MAD to compare the forecasts. Which forecast is more stable? Which is...

Q: Hospitality Hotels forecasts monthly labor needs. a) Given the

Hospitality Hotels forecasts monthly labor needs. a) Given the following monthly labor figures, make a forecast for June using a three-period moving average and a five-period moving average. Month Ac...

Q: The following data are monthly sales of jeans at a local department

The following data are monthly sales of jeans at a local department store. The buyer would like to forecast sales of jeans for the next month, July. a) Forecast sales of jeans for March through June u...

Q: Frederick’s Farm Factory (FFF) currently maintains an average inventory valued

Frederick’s Farm Factory (FFF) currently maintains an average inventory valued at $3,400,000. The company estimates its capital cost at 10 percent, its storage cost at 4.5 percent, and its risk cost a...

Q: The manager of a small health clinic would like to use exponential

The manager of a small health clinic would like to use exponential smoothing to forecast demand for laboratory services in the facility. However, she is not sure whether to use a high or low value of...

Q: The manager of the health clinic in Problem 5 would also like

The manager of the health clinic in Problem 5 would also like to use exponential smoothing to forecast demand for emergency services in the facility. As in Problem 5, she is not sure whether to use a...

Q: Med-Tech labs is a facility that provides medical tests and

Med-Tech labs is a facility that provides medical tests and evaluations for patients, ranging from analyzing blood samples to performing magnetic resonance imaging (MRI). Average cost to patients is $...

Q: The following historical data have been collected representing sales of a product

The following historical data have been collected representing sales of a product. Compare forecasts using a three-period moving average, exponential smoothing with α = 0.2, and linear regression. Usi...

Q: A manufacturer of printed circuit boards uses exponential smoothing with trend to

A manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. At the end of December, the company wishes to forecast sales for January. The...