Question: Q 1 . Explain the term 'manufacturing systems? Q 2 . What do you mean by flexible manufacturing system ( FMS ) ? What are

Q1. Explain the term 'manufacturing systems?
Q2. What do you mean by flexible manufacturing system (FMS)? What are the components of FMS?
Q3. Using the data in the table, answer the following problems.
\table[[Month (t),1,2,3,4,5,6,7,8,9,10,11,12],[Demand (Dt),670,698,740,805,879,940,870,778,912,940,809,-]]
Forecast the demand for the periods with the three-period weighted moving average method. The most recent data should be given 50 per cent weightage, second year past data 30 per cent, and third year past data 20 per cent. Also, compare the result with the result of three-period simple moving average graphically.
Forecast the demand for the periods using the exponential smoothing method (=0.3 and =0.5. Also, compare the results graphically.
Forecast the demand for the periods with adjusted exponential smoothing method and =0.3. Also, compare the result graphically with simple exponential smoothing 0.5
 Q1. Explain the term 'manufacturing systems? Q2. What do you mean

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