Explain five examples of products that display seasonality of demand but uniformity of supply. Explain...
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Explain five examples of products that display seasonality of demand but uniformity of supply. • Explain five examples of products that display seasonality of supply but uniformity of demand. Question 2: The historical demand for a product in year 2017 is displayed in the table. Demand Month (orders) January 66,753 February March April May June July August September October November December 67,686 68,641 68,979 69,278 69,577 69,602 70,348 70,806 71,011 71,819 72,752 a) Use a simple moving average of three periods to forecast the demand for October 2017. What is the forecast? TRU Open Learning b) Use exponential smoothing to forecast the demand for July-2017. What is the forecast if a = 0.4 and the forecast for May was 69,000? c) Use the trend projection linear regression method to forecast the demand for February 2018. You need to find the slope and intercept of the fitted line. What is the forecast? Explain five examples of products that display seasonality of demand but uniformity of supply. • Explain five examples of products that display seasonality of supply but uniformity of demand. Question 2: The historical demand for a product in year 2017 is displayed in the table. Demand Month (orders) January 66,753 February March April May June July August September October November December 67,686 68,641 68,979 69,278 69,577 69,602 70,348 70,806 71,011 71,819 72,752 a) Use a simple moving average of three periods to forecast the demand for October 2017. What is the forecast? TRU Open Learning b) Use exponential smoothing to forecast the demand for July-2017. What is the forecast if a = 0.4 and the forecast for May was 69,000? c) Use the trend projection linear regression method to forecast the demand for February 2018. You need to find the slope and intercept of the fitted line. What is the forecast?
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Seasonality of Demand but Uniformity of Supply 1 Swimsuits Demand surges during the summer months but supply remains relatively constant throughout th... View the full answer
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Supply Chain Management Strategy Planning and Operation
ISBN: 978-0133800203
6th edition
Authors: Sunil Chopra, Peter Meindl
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