You are a manager at Asda. You have been given the demand data for the past 10 weeks for swim rings for children. You decide to run three different types of forecasting methods on the data to see which gives you the best forecast.

Week Demand
12 1317
13 1307
14 1261
15 1258
16 1267
17 1256
18 1268
19 1277
20 1277
21 1297

(a) If you were to use exponential smoothing with alpha =.3, what would be your forecast for week 22? (The forecast for week 21 was 1272.)
(b) Using a 3-period weighted moving average (most recent=.6; second-most recent=.3, least recent=.1), what is the forecast for week 22?
(c) If you were to use a 3-period simple moving average, what would be your forecast for week 22?

Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?

Apharmaceutical packaging company (ppc) has decided to reorganize its processes into cells. the company has four different production operations, each requiring a unique piece of equipment. the names and functions of the four pieces of equipment are sort, count, place, and package. the company packages five different families of products (a, b, c, d, and e). the tables below indicate the demand (total units/day by product family), required operations, and operation cycle times for each product family. assume that any individual piece of equipment is available to operate 16 hours/day, but 2 hours (in total) are lost each day on each piece of equipment due to breaks and meetings when operators are not available to operate the equipment. how many minutes/day are available for production

Your take on decision making process