OPERATIONS MANAGEMENT Assignment 1 | Question onc: Given the following historical data for an assembling company: (3 Marks) Period Demand 1 20 2 85 91 3 4 92 5 95 6 Forecast period 7 demand using each of the following: a. Three-period moving average. b. A weighted moving average forecast using a weight of 40 for the most recent period, 0.30 for the next most recent, 0.20 for the next, and 10 for the next c. Exponential smoothing with alpha=0.20, if the forecast for period 5 was 90 Question two: A food manufacturer company has introduced a process improvement that reduces processing time for each unit Under the old process, ten workers could produce 600 units per hour. Labor costs are $15/hour, and material input was 600 units and material cost was $18/unit. Overhead is charged at 1.5 times direct labor cost. Finished units sell for $20 each For the new process, one additional worker added to increase output level to 750 units. Labor cost remains $15/hour. Material cost is now $12/unit and material increased to 750 units. Overhead is charged at 1.5 times direct labor cost. Finished units sell for $20 each. What increase in productivity level is associated with the process improvement? (3 Marks) 8:147 all 4G