Q3) As the company operations manager, you want to be certain that enough drivers and vehicles are available to deliver
Posted: Sat Feb 19, 2022 3:06 pm
Q3) As the company
operations manager, you want to be certain that enough drivers and
vehicles are available to deliver orders promptly and that they
have adequate inventory of face masks in stock. Therefore, you want
to be able to forecast the demand for deliveries during the next
period (period 15). From the records of previous orders, management
has accumulated demand data for the past 14 years.
Note: First calculate your problem data (demand
Data
Period
Year
Demand
1
2010
(810 * 4)+300
2
2011
(750 4)+300
3
2012
(690 * 4)+300
4
2013
(770 * 4)+300
5
2014
(590 * 4)+300
6
2015
(620 * 4)+300
7
2017
(730 * 4)+300
8
2018
(660 * 4)+300
9
2019
(670 * 4)+300
10
2020
(710 * 4)+300
Questions:
=0.3 and Forecast for period 1
(F1)=Actual Demand for period 1 (A1).
operations manager, you want to be certain that enough drivers and
vehicles are available to deliver orders promptly and that they
have adequate inventory of face masks in stock. Therefore, you want
to be able to forecast the demand for deliveries during the next
period (period 15). From the records of previous orders, management
has accumulated demand data for the past 14 years.
Note: First calculate your problem data (demand
Data
Period
Year
Demand
1
2010
(810 * 4)+300
2
2011
(750 4)+300
3
2012
(690 * 4)+300
4
2013
(770 * 4)+300
5
2014
(590 * 4)+300
6
2015
(620 * 4)+300
7
2017
(730 * 4)+300
8
2018
(660 * 4)+300
9
2019
(670 * 4)+300
10
2020
(710 * 4)+300
Questions:
=0.3 and Forecast for period 1
(F1)=Actual Demand for period 1 (A1).