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1. A nationwide parcel delivery service keeps track of the number of late deliveries (more than 30 minutes past the time promised to clients) per
1. A nationwide parcel delivery service keeps track of the number of late deliveries (more than 30 minutes past the time promised to clients) per day. They plan on using a control chart to plot their results. Which type of control chart(s) would you recommend? A) both x-bar chart and R-chart B) p-chart C) c-chart D) x-bar chart E) both p-chart and c-chart
2.Compute the forecast for month 5 using the exponential smoothing model; a = .2 and B = .4. (show work)
Month | Actual Demand | Smoothed Forecast Average, Ft | Smoothed Trend, Tt | Forecast Including Trend, FITt |
1 | 12 | 11 | 2 | |
2 | 17 | |||
3 | 20 | |||
4 | 19 | |||
5 | 24 |
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