A company uses a tracking signal trigger of 4 to decide whether a forecast should be reviewed.

Question:

A company uses a tracking signal trigger of ±4 to decide whether a forecast should be reviewed. Given the following history, determine in which period the forecast should be reviewed. MAD for the item is 15. Is there any previous indication that the forecast should be reviewed?

Period Forecast Actual Deviation Cumulative Deviation Tracking Signal 100 110 105 2 90 110 85 4 115 110 5 120 105 125 95

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Introduction To Materials Management

ISBN: 978-9386873248

8th edition

Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen

See More Books

Question Posted: Jun 25, 2019 09:24 AM

See More Questions

If the transit time is 11 days and the annual demand for an item is 10,000 units, what is the average annual inventory in transit?
In problem 6.2, what percentage of the time is the order actually running? In problem 6.2 An order for 100 of a product is processed on work centers A and B. The setup time on A is 50 minutes, and...
a. The Ajex Company has several of items they store in inventory. The table below shows the annual demand, and the item cost. Develop a logical classification for the inventory based on ABC: b. One...
Brist Ltd is a UK resident company which prepares annual accounts to 31 March. In the year to 31 March 2021, the company had a UK trading profit of 2,120,000 and received overseas property income of...
Show that Keq = Ka reactant acid / Ka product acid = [products] / [reactants]
Let V be the water velocity in a river of width w and depth d, flowing along at a height h above a hydraulic power station. Show that the maximum electrical power that could be obtained by converting...
In August 2014, Superior Structures of Ohio, LLC, and its president, Ryan Villhauer, applied for credit with Willoughby Supply Company, Inc. The application contained a section providing for a...
Hearty Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling processes. Materials are entered from the cooking process at the beginning of...
2. Given the following method static void nPrint(String message, int n) { while (n > 0) { System.out.print(message); n-- } } What is k after invoking nPrint("A message", k)? int k = 2; nPrint("A...
Axis Corp. is considering investment in the best of two mutually exclusive projects. Project Kelvin involves an overhaul of the existing system; it will cost $45,000 and generate cash inflows of...
For the following data, calculate the mean absolute deviation. Actual Demand Period Forecast Absolute Deviation 105 1 100 105 95 3 110 90 4. 115 130 100 5 120 6. 125 120 Total 675 650
A company is using a carrier to deliver goods to a major customer. The annual demand is $2,500,000, and the average transit time is 10 days. Another carrier promises to deliver in 7 days. What is the...
Identify parts of your resume that might lead to bias in the hiring process. Assume the worst: that someone is biased against your name, address, dates, hobbies, interests, volunteer work, and/or...
Given the following binary observations (asymmetric when indicated), calculate the distance between observations S, and S. (Hint: use Jaccard distance when needed). [7pts] Sampl e S S S3 F F3 Yes 01...
Discuss the advantages of the Computer Assisted Audit Technique to the Auditor? Delete Pg Up umLk The case study states the following: "The management judgements in question concern things like the...
which expense recognition method is used for paying rent on an office ? ? rational allocation or at time of revenue recognition or immediate recognition.
When the control process is described as cybernetic, it means that: the control process is used for gathering information about performance deficiencies before the behaviors and actions of workers in...
When is employee compensation referred to as variable pay? a. when employee pay is comprised of varying component b. when employer costs vary with the incentives offered C. when employee pay...
Evans Inc. has the following two activities: (1) Reworking products, cost: $740,000. The reworking cost of the most efficient similar-sized competitor is $200,000. (2) Purchasing parts, cost:...
Use integration by parts to evaluate the following. Check your answer by taking the derivative. x2e-xdx
What is ecotoxicology?
What is risk assessment?
How does cost-benefit analysis differ from the precautionary principle?
a) Assess five (5) top construction trends in Malaysian construction industry. (5 marks) b) Demand of construction industry is in various types and sizes. There will be different locations,...
My assignment is asking me to describe the plans that are employed by the organization and determine which managers created each type of plan. I have chosen to do the assignment on Apple Inc. Can I...
Cooper and Brandy are married and file a joint income tax return with two separate Schedule Cs. Cooper is an independent security specialist who spent $635 on uniforms during the year. His laundry...

A company uses a tracking signal trigger of 4 to decide whether a forecast should be reviewed.

Question:

Period Forecast Actual Deviation Cumulative Deviation Tracking Signal 100 110 105 2 90 110 85 4 115 110 5 120 105 125 95

Step by Step Answer:

Period 6 Yes From period 2 on all tracking signals are negative ...View the full answer

Introduction To Materials Management

Students also viewed these Earth sciences questions