Question
The monthly demand (in Units) for a product from February until November 2010 are: 475,576,657,617,747,725,809,834,803,906 Use...
The monthly demand (in Units) for a product from February until November 2010 are:
475,576,657,617,747,725,809,834,803,906
Use the linear trend projection method to predict the demand in February 2011
Note: use at least 4 decimal places in the calculation and answer
Homework Answers
Answer #1
Please refer the image for the solution
Demand in February 2011 = 472.8935
Not the answer you're looking for?
Similar Questions
The following are monthly actual and forecast demand levels for May through December for units of...
The following are monthly actual and forecast demand levels for
May through December for units of a product manufactured by the D.
Bishop Company in Des Moines:
Month
Actual Demand
Forecast Demand
May
108
104
June
80
100
July
112
99
August
112
101
September
105
100
October
106
106
November
125
102
December
115
111
For the given forecast, the tracking signal = ___ MADs (round
your response to two decimal places).
Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 2006–2010. Date...
Consider a portion of monthly return data (In %) on 20-year
Treasury Bonds from 2006–2010.
Date
Return
Jan-06
3.13
Feb-06
4.15
Mar-06
3.18
Apr-06
4.94
May-06
4.34
Jun-06
4.19
Jul-06
5.12
Aug-06
5.26
Sep-06
3.81
Oct-06
3.1
Nov-06
3.87
Dec-06
4.89
Jan-07
3.94
Feb-07
3.42
Mar-07
4.13
Apr-07
3.54
May-07
4.58
Jun-07
4.19
Jul-07
4.62
Aug-07
3.89
Sep-07
3.62
Oct-07
3.92
Nov-07
4.46
Dec-07
3.23
Jan-08
4.78
Feb-08
4.71
Mar-08
5.05
Apr-08
3.46
May-08
3.15
Jun-08
4.82
Jul-08
3.87
Aug-08...
The monthly sales for Yazici Batteries, Inc., were as follows: MONTH SALES January 20 February 21...
The monthly sales for Yazici Batteries, Inc., were as
follows:
MONTH
SALES
January
20
February
21
March
15
April
14
May
13
June
16
July
17
August
18
September
20
October
20
November
21
December
23
Plot the monthly sales data.
Forecast January sales using each of the following:
Naive method.
A 3-month moving average.
A 6-month weighted average using .1, .1, .1, .2, .2, and .3,
with the heaviest weights applied to the most recent months.
Exponential smoothing using...
The annual demand for a product is 15,900 units. The weekly demand is 306 units with...
The annual demand for a product is 15,900 units. The weekly
demand is 306 units with a standard deviation of 80 units. The cost
to place an order is $33.50, and the time from ordering to receipt
is eight weeks. The annual inventory carrying cost is $0.10 per
unit.
a. Find the reorder point necessary to provide
a 99 percent service probability. (Use Excel's NORMSINV()
function to find the correct critical value for the given
α-level. Round "z" value to...
The monthly demand function for x units of a product sold by a monopoly is p...
The monthly demand function for x units of a product
sold by a monopoly is
p = 6,100 −
1/2x2 and its average cost
is C = 3,030 + 2x dollars. Production is
limited to 100 units.
a) Find the profit function, P(x), in dollars.
b) Find the number of units that maximizes profits. (Round your
answer to the nearest whole number.)
c) Find the maximum profit. (Round your answer to the nearest
cent.)
Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 2006–2010. Date...
Consider a portion of monthly return data (In %) on 20-year
Treasury Bonds from 2006–2010.
Date
Return
Jan-06
5.39
Feb-06
4.83
Mar-06
5.41
Apr-06
4.64
May-06
4.05
Jun-06
3.41
Jul-06
3.92
Aug-06
3.46
Sep-06
5.06
Oct-06
5.44
Nov-06
4.96
Dec-06
4.17
Jan-07
3.48
Feb-07
4.7
Mar-07
4.38
Apr-07
3.82
May-07
4.19
Jun-07
4.35
Jul-07
3.83
Aug-07
5.42
Sep-07
3.29
Oct-07
4
Nov-07
3.42
Dec-07
3.24
Jan-08
5.21
Feb-08
4.84
Mar-08
4.59
Apr-08
3.82
May-08
3.61
Jun-08
4.34
Jul-08
4.94
Aug-08...
Consider the following estimated trend models. Use them to make a forecast for t = 19....
Consider the following estimated trend models. Use them to make
a forecast for t = 19.
a. Linear Trend: yˆ = 14.19 + 1.09t
(Round intermediate calculations to at least 4 decimal
places and final answer to 2 decimal places.)
y^= ______________
b. Quadratic Trend: y^ = 18.65 + 0.91t −
0.04t2(Round intermediate calculations
to at least 4 decimal places and final answer to 2 decimal
places.)
y^: ____________
c. Exponential Trend: ln(y)^ = 2.1 +
0.08t; se = 0.01 (Round...
The demand for Carolina Industries’ product varies greatly from month to month. Based on the past...
The demand for Carolina Industries’ product varies greatly from
month to month. Based on the past two years of data, the following
probability distribution shows the company’s monthly demand:
Unit Demand
Probability
300
0.20
400
0.30
500
0.35
600
0.15
a. If the company places monthly orders equal to the expected
value of the monthly demand, what should Carolina’s monthly order
quantity be for this product?
b. Assume that each unit demanded generates $70 in revenue and
that each unit...
Daily demand for a product is 110 units, with a standard deviation of 20 units. The...
Daily demand for a product is 110 units, with a standard
deviation of 20 units. The review period is 5 days and the lead
time is 6 days. At the time of review there are 50 units in
stock.
If 90 percent service probability is desired, how many units
should be ordered? (Use Excel's NORMSINV() function to find
the correct critical value for the given ?-level. Do not
round intermediate calculations. Round "z" value to 2
decimal places and final...
In 2010 Glacial HVAC, Inc. sold 3,305 air conditioning units in Fulton County. During that same...
In 2010 Glacial HVAC, Inc. sold 3,305 air conditioning units in
Fulton County. During that same year 46,786 air conditioning units
were sold in Fulton County. Calculate Glacial's 2010 market share.
Report your answer as a percentage, rounded to one decimal
place.
Question 2 (10
points)
In 2010 47,413 air conditioning units were sold in Fulton
County. Glacial HVAC, Inc. sold 3,275 units in 2010. 2010 industry
sales represent a 8.9 % decrease over 2009 sales. Calculate 2009
industry sales....
ADVERTISEMENT
Need Online Homework Help?
Get Answers For Free
Most questions answered within 1 hours.
ADVERTISEMENT
Active Questions
asked 1 minute ago
asked 2 minutes ago
asked 17 minutes ago
asked 19 minutes ago
asked 33 minutes ago
asked 1 hour ago
asked 1 hour ago
asked 1 hour ago
asked 1 hour ago
asked 1 hour ago
asked 2 hours ago
asked 2 hours ago