A forecasting method that computes a weighted average of all of the previous actual values of the time series is
a. exponential smoothing
b. regression analysis
c. stationary average
d. weighted moving average
a
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Hemo-tech, Inc, a biomedical technology and research laboratory, produces a standard blood filtering device on an assembly-line basis. Six basic tasks are performed along the assembly line
The time to perform each task and the tasks that must immediately precede each task are in the table below. Twenty pumps per 450-minute day must be produced by the assembly line. Task Preceding Task Time to perform (min.) A -- 5.40 B A 3.20 C -- 1.50 D B, C 2.80 E D 17.10 F E 12.80 (a) Draw the network diagram of the precedence relationships. (b) Identify the absolute minimum and maximum cycle times. (c) What is the cycle time required to meet demand? (d) What is the minimum number of workstations required to meet the schedule? (e) Balance this line using the most following tasks heuristic. (f) What is the efficiency of the line obtained in part (e)? (g) Can the efficiency of this solution be improved? Explain.
Manufacturing overhead is also referred to as ________
A) indirect manufacturing costs B) direct manufacturing costs C) prime costs D) period costs
In Fuel Injection Products & Service Corporation's suit against Gears & Cylinders, Inc, the jury re¬turns a verdict in Fuel Injection's favor. Gears & Cylindersfiles a motion asking the judge to set aside the verdict and begin new proceedings. This is a mo¬tion for
a. a judgment in accordance with the verdict. b. a judgment on the pleadings. c. a new trial. d. judgment n.o.v.
Carver Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regarding the store's operations follow:•Sales are budgeted at $350,000 for November, $320,000 for December, and $300,000 for January. •Collections are expected to be 90% in the month of sale and 10% in the month following the sale. •The cost of goods sold is 75% of sales. •The company desires to have an ending merchandise inventory equal to 60% of the following month's cost of goods sold. Payment for merchandise is made in the month following the purchase. •Other monthly expenses to be paid in cash are $24,700. •Monthly depreciation is $16,000. •Ignore taxes. Balance SheetOctober 31AssetsCash$19,000Accounts
receivable 77,000Inventory 157,500Property, plant and equipment, net of $502,000 accumulated depreciation 1,002,000Total assets$1,255,500Liabilities and Stockholders' EquityAccounts payable$272,000Common stock 780,000Retained earnings 203,500Total liabilities and stockholders' equity$1,255,500The cash balance at the end of December would be: A. $19,000 B. $137,600 C. $163,600 D. $61,300