Question: te mancs Question One i. Briefly describe the term operations management Proces ther alg ii. List some important differences between goods production and serv iii.

te mancs Question One i. Briefly describe the

te mancs Question One i. Briefly describe the term operations management Proces ther alg ii. List some important differences between goods production and serv iii. Freight car loadings over a 12 year period at a busy port are as follo Week Number 1 220 2 245 3 280 275 300 310 350 360 400 380 420 450 460 475 500 510 525 19 541 11/ 20 a) Determine a linear trend line for freight car loadings b) Use the trend equation to predict loadings for weeks 20 and 21 c) The manager intends to install new equipment when the volume will e per week. Assuming the current trend continues, the volume will reach approximately what week? d) Determine the error in b) above if one decides to use: O a four week moving average O a weighted moving average using four periods 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

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