Forecast the Demand Questions

Q1

(table)

a. Determine the mean proportion defective, the UCL, and the LCL? (Marks 1) (word count maximum:150)

b. Draw a control chart and plot each of the sample measurements on it? (Marks 1) (word count maximum:100)

c. Does it appear that the process for making tees is in statistical control? (Marks 0.5) (word count maximum:100)

Q2. (table)

a.Forecast the demand for week 7 using a five-period moving average? (Marks 0.5) (word count maximum:100)

b.Forecast the demand for week 7 using a three-period weighted moving average. Use the following weights: W1 = .5, W2 = .3, W3 = .2.? (Marks 0.5) (word count maximum:100)

c.Forecast the demand for week 7 using exponential smoothing. Use an α value of .1 and assume the forecast for week 6 was 602 units? (Marks 1) (word count maximum:100)