Questions from General Operations Management

Q: Income at the architectural firm Spraggins and Yunes for the period February

Income at the architectural firm Spraggins and Yunes for the period February to July was as follows: Use trend-adjusted exponential smoothing to forecast the firm’s August income....

Q: Resolve Problem 4.19 with a = .1 and b

Resolve Problem 4.19 with a = .1 and b = .8. Using MSE, determine which smoothing constants provide a better forecast. Reference Problem 4.19: Income at the architectural firm Spraggins and Yunes for...

Q: What are the objectives of supply chain management?

What are the objectives of supply chain management?

Q: Refer to the trend-adjusted exponential smoothing illustration in Example 7

Refer to the trend-adjusted exponential smoothing illustration in Example 7 on pages 122 – 123. Using a = .2 and b = .4, we forecast sales for 9 months, showing the detailed calculations for months 2...

Q: Refer to Problem 4.21. Reference Problem 4

Refer to Problem 4.21. Reference Problem 4.21: Refer to the trend-adjusted exponential smoothing illustration in Example 7 on pages 122 – 123. Using a = .2 and b = .4, we forecas...

Q: Sales of quilt covers at Bud Banis’s department store in Carbondale over

Sales of quilt covers at Bud Banis’s department store in Carbondale over the past year are shown below. Management prepared a forecast using a combination of exponential smoothing an...

Q: The following gives the number of accidents that occurred on Florida State

The following gives the number of accidents that occurred on Florida State Highway 101 during the past 4 months: MONTH……………………NUMBER OF ACCIDENTS January……….....…………………….30 February……………………..………..40...

Q: In the past, Peter Kelle’s tire dealership in Baton Rouge sold

In the past, Peter Kelle’s tire dealership in Baton Rouge sold an average of 1,000 radials each year. In the past 2 years, 200 and 250, respectively, were sold in fall, 350 and 300 in winter, 150 and...

Q: George Kyparisis owns a company that manufactures sailboats. Actual demand for

George Kyparisis owns a company that manufactures sailboats. Actual demand for George’s sailboats during each of the past four seasons was as follows: George has forecasted that an...

Q: Attendance at Orlando’s newest Disney like attraction, Lego World, has

Attendance at Orlando’s newest Disney like attraction, Lego World, has been as follows: Compute seasonal indices using all of the data.