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Part B) Open End Problems com swer in the space prowided or on a separate sheet of paper . 3 of 4 ist demand for product ZXT is given in the following table. Month Actual Demand Felmary March April May June July AUD 20 23 33 35 il 48 11 Determine the forecasted demand for April and May based on adjusted cxponential smoothing with a = 2,8 = 3, a February forecast of 20 and T=0 2 11-12) Robert has the following accounts on money spent on gambling and winnings: Money Spent 1000 1200 1800 760110 2500 2800 2500 4000 4200 Money Won 2500 4000 4500 4ANI 5000 4800 5600 6000 5800 11) Develop a regression equation that relates the money Robert spesis and the money he wins. 12) Determine the correlation coefficient and the coefficient of determinntion 1.3.14) The daily sales of a peanut butter at Power's Cirocery are normally distributed, with a mean of 12 jars and a standard deviation of 4. The manager checks the inventories on shelves and places an order every turce days. Delivery lead time is two days 13) How much safety stack of peanut butter should they have for a 99% service level? 14) If there are four jars on the shelf when an order is placed, how much should the store order? = 15) The daily demand for a product is normally distributed with a mean of 80 and a standard deviation of 8. Constant lead time is 4 days. The cost of placing an order is $20. The item costs $8 and the carrying rate per year is 10% of the item cost. Determine the reorder point to satisfy 90% of the orders. 16) A manager has just received a revised price schedule from a vendor. What order quantity should the manager use in order to minimize total costs? Annual demand is 120 units, ordering cost is $10, and annual carrying cost is $1 per unit. Quantity Unit Price 1-59 SIS 60-99 $14 100 or more $13 17) A bakery's use of corn syrup is normally distributed with a mean of 50 gallons per day and a standard deviation of 5 gallons per day. Lead time for delivery of the syrup is normal with a mean of 4 days and a standard deviation of 2 days. The manager reorders when his inventory drops to 300 gallons. What cycle service level is implied by this policy? Part B) Open End Problems com swer in the space prowided or on a separate sheet of paper . 3 of 4 ist demand for product ZXT is given in the following table. Month Actual Demand Felmary March April May June July AUD 20 23 33 35 il 48 11 Determine the forecasted demand for April and May based on adjusted cxponential smoothing with a = 2,8 = 3, a February forecast of 20 and T=0 2 11-12) Robert has the following accounts on money spent on gambling and winnings: Money Spent 1000 1200 1800 760110 2500 2800 2500 4000 4200 Money Won 2500 4000 4500 4ANI 5000 4800 5600 6000 5800 11) Develop a regression equation that relates the money Robert spesis and the money he wins. 12) Determine the correlation coefficient and the coefficient of determinntion 1.3.14) The daily sales of a peanut butter at Power's Cirocery are normally distributed, with a mean of 12 jars and a standard deviation of 4. The manager checks the inventories on shelves and places an order every turce days. Delivery lead time is two days 13) How much safety stack of peanut butter should they have for a 99% service level? 14) If there are four jars on the shelf when an order is placed, how much should the store order? = 15) The daily demand for a product is normally distributed with a mean of 80 and a standard deviation of 8. Constant lead time is 4 days. The cost of placing an order is $20. The item costs $8 and the carrying rate per year is 10% of the item cost. Determine the reorder point to satisfy 90% of the orders. 16) A manager has just received a revised price schedule from a vendor. What order quantity should the manager use in order to minimize total costs? Annual demand is 120 units, ordering cost is $10, and annual carrying cost is $1 per unit. Quantity Unit Price 1-59 SIS 60-99 $14 100 or more $13 17) A bakery's use of corn syrup is normally distributed with a mean of 50 gallons per day and a standard deviation of 5 gallons per day. Lead time for delivery of the syrup is normal with a mean of 4 days and a standard deviation of 2 days. The manager reorders when his inventory drops to 300 gallons. What cycle service level is implied by this policy