Questions from General Operations Management

Q: Historical demand for a product is / a

Historical demand for a product is a. Using a weighted moving average with weights of 0.60, 0.30, and 0.10, find the July forecast. b. Using a simple three-month moving average, find the July foreca...

Q: What term refers to the concept of doing things right the first

What term refers to the concept of doing things right the first time, and when problems occur, stopping the process to fix the source of the problem?

Q: The tracking signals computed using past demand history for three different products

The tracking signals computed using past demand history for three different products are as follows. Each product used the same forecasting technique. Discuss the tracking signals for each and what...

Q: Which phase of the generic development process involves construction and evaluation of

Which phase of the generic development process involves construction and evaluation of multiple preproduction versions of the product?

Q: What are some reasons for a plant to maintain a capacity cushion

What are some reasons for a plant to maintain a capacity cushion? How about a negative capacity cushion?

Q: Here are the actual tabulated demands for an item for a nine

Here are the actual tabulated demands for an item for a nine-month period (January through September). Your supervisor wants to test two forecasting methods to see which method was better over this pe...

Q: A particular forecasting model was used to forecast a six-month

A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: Find the tracking signal and state whether you think the model being...

Q: Harlen Industries has a simple forecasting model: Take the actual demand

Harlen Industries has a simple forecasting model: Take the actual demand for the same month last year and divide that by the number of fractional weeks in that month. This gives the average weekly dem...

Q: Your manager is trying to determine what forecasting method to use.

Your manager is trying to determine what forecasting method to use. Based upon the following historical data, calculate the following forecast and specify what procedure you would utilize. a. Calcul...

Q: After using your forecasting model for six months, you decide to

After using your forecasting model for six months, you decide to test it using MAD and a tracking signal. Here are the forecast and actual demands for the six-month period: a. Find the tracking sign...