Questions from General Operations Management

Q: To plan factory staffing levels, Luke’s Surfboards, needs to forecast

To plan factory staffing levels, Luke’s Surfboards, needs to forecast sales for the next two quarters. Sales of surfboards for the last five years are shown below in millions of doll...

Q: A restaurant wants to forecast its weekly sales. Historical data (

A restaurant wants to forecast its weekly sales. Historical data (in dollars) for fifteen weeks are shown below and can be found in the Excel worksheet C9 Excel P39 Data in MindTap. Use Excel and the...

Q: Why does the fixed-period model have to cover the time

Why does the fixed-period model have to cover the time period of T 1 L, while the fixed-order quantity model must cover only the time period L? Why is this important?

Q: For the restaurant sales data in problem 39, use the Exponential

For the restaurant sales data in problem 39, use the Exponential Smoothing Excel template in MindTap to find the best exponential smoothing model by evaluating the MSE for from 0.1 to 0.9, in incre...

Q: Consider the quarterly sales data for Kilbourne Health Club shown below.

Consider the quarterly sales data for Kilbourne Health Club shown below. These data are available in a simpler format in the Excel worksheet C9 Excel P41 in MindTap. a. Use the Moving Average Excel te...

Q: The number of component parts used in a production process each of

The number of component parts used in a production process each of the last 10 weeks is as follows. a. Use the Moving Average Excel template to develop moving average models with two, three, and four...

Q: The monthly sales of a new business software package at a local

The monthly sales of a new business software package at a local discount software store were as follows: a. Plot the data on a spreadsheet and provide insights about the time series. b. Use the Moving...

Q: Using the factory energy cost data in Exhibit 9.11,

Using the factory energy cost data in Exhibit 9.11, find the best moving average and exponential smoothing models using the Moving Average and Exponential Smoothing Excel templates. Compare their for...

Q: Supreme Auto Parts produces components for motorcycle engines. It has plants

Supreme Auto Parts produces components for motorcycle engines. It has plants in Amarillo, Texas, and Charlotte, North Carolina, and supply factories in Detroit and Atlanta. Use the following productio...

Q: The historical demand for the Panasonic Model 304 Pencil Sharpener is January

The historical demand for the Panasonic Model 304 Pencil Sharpener is January, 80; February, 100; March, 60; April, 80; and May, 90 units. a. Using a four-month moving average and the Moving Average E...