Question: PLEASE DO IT AS EARLY AS POSSIBLE. IT IS EMERGANCY (1)Given that last month the actual demand was 520 units and the forecast was 500

PLEASE DO IT AS EARLY AS POSSIBLE. IT IS EMERGANCY

(1)Given that last month the actual demand was 520 units and the forecast was 500 with an alpha of .3, what would the forecast be for this month?"

a.

495

b.510

c.520

d.506

(2)

"Anticipated annual demand for bicycles at Gazelle Sports is 20% more than 2000 bikes. The Seasonal factors are Winter .48, Spring .82, Summer 1.20, Fall .75. Which of the following forecasts are correct for this fall?"

a.1500

b.

500

c.

450

d.600

(3)

"The number of complaints for period 1 is 42, period 2 is 40, period 3 is 43,period 4 is 40, period 5 is 41. Using weights of 0.4, 0.3, 0.2 and 0.1, the forecast for period 6 would be"

a.41.5

b.41

c.42

d.Not enough information

(4)

"An electronics company makes communications devices for military contracts.The company just completed two contracts.The navy contract was for 2,300 devices and took 25 workers two weeks (40 hours per week) to complete. The army contract was for 5,500 devices that were produced by 35 workers in three weeks.What is the productivity of Navy and the Army contracts?"

1.3 and 1.5 respectively

1.15 and 1.31 respectively

Cannot be done

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