You have become concerned about the amount of copier paper used in your office after repeatedly running out of supplies.Your assistant keeps track of the number of reams (packages of 500 sheets)for 24 weeks: 11eb872e_72eb_98da_b10c_29f0e62bc797_SM2943_00 11eb872e_72eb_bfeb_b10c_0bc661a73c18_SM2943_00 a.Compare the effectiveness of two-week, four-week, and six-week moving averages.Which should you use to forecast copier paper use during the next week. b.Compare the performance of the simple exponential smoothing model with smoothing constants of 0.01, 0.05, and 0.25.Assume a forecast for Week 1 of 230 reams.Which constant worked best?

Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley

النسخة 1الرقم المعياري الدولي: 978-0077426903

Managing Operations Across the Supply Chain 1st Edition by Morgan Swink,Steven Melnyk,Bixby Cooper, Janet Hartley

النسخة 1الرقم المعياري الدولي: 978-0077426903

تمرين 3

You have become concerned about the amount of copier paper used in your office after repeatedly running out of supplies.Your assistant keeps track of the number of reams (packages of 500 sheets)for 24 weeks:

a.Compare the effectiveness of two-week, four-week, and six-week moving averages.Which should you use to forecast copier paper use during the next week.
b.Compare the performance of the simple exponential smoothing model with smoothing constants of 0.01, 0.05, and 0.25.Assume a forecast for Week 1 of 230 reams.Which constant worked best?

التوضيح

موثّق

a)
Moving average is the forecasting tec...