If we use a simple exponential smoothing method with 𝛼𝛼=0.3, 𝐹𝐹11=100 and 𝐹w
Posted: Mon Apr 18, 2022 9:41 am
If we use a simple exponential smoothing method with 𝛼𝛼=0.3, 𝐹𝐹11=100 and 𝐹𝐹12=120, what is your forecast for next year?
A. 120
B. 126
C. 128
D. None of the above
10. Which one is NOT part of the reasons to keep inventory?
A. To allow flexibility in production scheduling
B. To meet variation in product demand
C. To maintain dependence of operations
D. To provide a safeguard for variation in raw material delivery time
A. 120
B. 126
C. 128
D. None of the above
10. Which one is NOT part of the reasons to keep inventory?
A. To allow flexibility in production scheduling
B. To meet variation in product demand
C. To maintain dependence of operations
D. To provide a safeguard for variation in raw material delivery time