# Question: You have become concerned about the amount of copier paper

You have become concerned about the amount of copier paper used in your office after repeatedly running out of supplies. Your assistant keeps track of the number of reams (packages of 500 sheets) for 24 weeks:

a. Compare the effectiveness of two-week, four-week, and six-week moving averages. Which should you use to forecast copier paper use during the next week?

b. Compare the performance of the simple exponential smoothing model with smoothing constants of 0.01, 0.05, and 0.25. Assume a forecast for Week 1 of 230 reams. Which constant worked best?

a. Compare the effectiveness of two-week, four-week, and six-week moving averages. Which should you use to forecast copier paper use during the next week?

b. Compare the performance of the simple exponential smoothing model with smoothing constants of 0.01, 0.05, and 0.25. Assume a forecast for Week 1 of 230 reams. Which constant worked best?

**View Solution:**## Answer to relevant Questions

Assume that you are the production manager for Fast Current Kayaks of Washington State. One of the products that you make and sell is the “Fast Current” sea touring kayak paddle ). You are responsible for ensuring that ...Using the data from the problem 10: a. Using the average demand for the year as the base, compute a seasonal index for each month. b. Use regression to estimate the deseasonalized demand in each of the given months. Using ...Assume that the following demands vary according a four period seasonal cycle. a. Compute the seasonal indexes using the average demand in each cycle as the base b. Compute the seasonal indexes using regression estimates as ...What is the value of the S&OP process to an organization? Why should it be a dynamic process rather than a one-time annual event? The Johnson Company manufactures expensive medical diagnostic equipment. It plans to meet all of its projected demand (given below for the next year by quarter). The firm plans to use a constant production rate of 300 units ...Post your question