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30. Which of the following statements is true on the basis of the data given in the following table? MONTH 1 2 3 4 5 6 7

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30. Which of the following statements is true on the basis of the data given in the following table?;MONTH 1 2 3 4 5 6 7;ACTUAL DEMAND 715 675 640 587 702 760 740;FORECAST 700 645 660 648 655 718;The demand is being overestimated.;The demand is being underestimated;--------------------------------------------------------------------------------;29. Find the value of the tracking signal at the end of month six based on the actual demand and forecast given in the following table.;Month 1 2 3 4 5 6 7;Actual Demand 715 675 640 587 702 760 740;Forecast 700 645 660 648 655 718;Close to 1.46;Close to 1.48;Close to 1.50;Close to 35;Close to 53;--------------------------------------------------------------------------------;21. Based on the demand data for an item A for the last two weeks, you do a trend analysis and find the trend equation to be Y=50 + 4X. The company works five days (Monday through Friday) per week. Make a forecast for Tuesday of week 3 for this product.;62;58;98;114;Cannot be determined

 

Paper#32113 | Written in 18-Jul-2015

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