Question: Q 1 . Explain the term 'manufacturing systems? Q 2 . What do you mean by flexible manufacturing system ( FMS ) ? What are
Q Explain the term 'manufacturing systems?
Q What do you mean by flexible manufacturing system FMS What are the components of FMS
Q Using the data in the table, answer the following problems.
tableMonth tDemand
Forecast the demand for the periods with the threeperiod weighted moving average method. The most recent data should be given per cent weightage, second year past data per cent, and third year past data per cent. Also, compare the result with the result of threeperiod simple moving average graphically.
Forecast the demand for the periods using the exponential smoothing method and Also, compare the results graphically.
Forecast the demand for the periods with adjusted exponential smoothing method and Also, compare the result graphically with simple exponential smoothing
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