Question: We assumed in our simulation that on the first day demand was for 8 units instead of 4 , Rita would interprete the increase as
We assumed in our simulation that on the first day demand was for units instead of Rita would interprete the increase as a one time increase and that demand would return to units tomorrow.
Suppose we had assumed instead that the first day demand was for units Rita would use a Period Moving Average Model to determine demand forecast values for day and
Given a Day demand of and a day demand of if Rita determined forecast values using a period moving average model, what demand forecast values would Rita use for day and Answer Question
If Rita uses these period moving average model forecast values, what is the Day buffer stock requirement? Answer Question
units
Assuming Rita uses a Period Moving Average Forecast Value for the demand forecast values for day and and maintains her belief that future incoming shipments will be equal to their associated order amounts her previous orders were all for units how much should Rita order on Day Answer Question
units
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