Question: SUBJECT: PRODUCTION MANAGEMENT KINDLY DO NOT USE MS EXCEL FOR CALCULATION, HANDWRITTEN ANSWERS APPRECIATED NO FURTHER INFORMATION AVAILABLE REGARDING QUESTION 1. Annual sales of Air

SUBJECT: PRODUCTION MANAGEMENT KINDLY DO NOT USE

SUBJECT: PRODUCTION MANAGEMENT

KINDLY DO NOT USE MS EXCEL FOR CALCULATION, HANDWRITTEN ANSWERS APPRECIATED

NO FURTHER INFORMATION AVAILABLE REGARDING QUESTION

1. Annual sales of Air conditioners are forecast by exponential smoothing method using a smoothing constant of a = 0.3. If the previous year forecast was 20,000 units and the actual sales were 19,000 units, what is the forecast for the next year

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