Questions from General Operations Management

Q: Is there a difference between forecasting demand and forecasting sales? Can

Is there a difference between forecasting demand and forecasting sales? Can demand be forecast from historical sales data?

Q: Daily demand for marigold flowers at a large garden store is shown

Daily demand for marigold flowers at a large garden store is shown below. Compute: a. A three-period moving average for each period. b. A five-period moving average for each period. Period………………………………...

Q: Ace Hardware sells spare parts for lawn mowers. The following data

Ace Hardware sells spare parts for lawn mowers. The following data were collected for one week in May when replacement lawn-mower blades were in high demand Day……………………………………… Demand 1 ……………………………………...

Q: What are the implications for cost accounting of lean production?

What are the implications for cost accounting of lean production?

Q: Approximately how far ahead would one need to plan for the following

Approximately how far ahead would one need to plan for the following types of facilities? a. Restaurant b. Hospital c. Oil refinery d. Toy factory e. Electric power plant f. Public school g. Private s...

Q: Suppose we are considering the question of how much capacity to build

Suppose we are considering the question of how much capacity to build in the face of uncertain demand. Assume that the cost is $20 per unit of lost sales due to insufficient capacity. Also assume that...

Q: What types of scheduling decisions are management likely to encounter in the

What types of scheduling decisions are management likely to encounter in the following operations? Describe the scheduling decisions in terms of the types of resources to be scheduled and the associat...

Q: Why should operations be concerned with environmental issues?

Why should operations be concerned with environmental issues?

Q: Students must complete two activities to register for class: registration and

Students must complete two activities to register for class: registration and payment of fees. Because of individual differences, the processing time (in minutes) for each of these two activities for...

Q: How, precisely, does project scheduling differ from the scheduling of

How, precisely, does project scheduling differ from the scheduling of ongoing operations?