1. True or False: Forecasts can be created to project Demand (D) for hours (sometimes called intervals), days, weeks, months, and/or years.

2.

Compute the Cash Conversion Cycle (CCC) given the following:

Days inventory outstanding: 30, days sales outstanding: 25, days payable outstanding: 45.

3.

Exponential Smoothing. The previous forecast was 92, actual demand was 90, and the smoothing constant = .10. What is the forecast for the next period?

4.

Exponential Smoothing. The previous forecast was 92, actual demand was 90, and the smoothing constant = .10. What is the forecast for the next period?

Month Sales (000 units) 23 31 29 Feb. Mar. Apr. May Jun. Jul. Aug. Sept. 33 30 36 35