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15. Sales from your Ebay shop show an increasing trend and seasonality. Sales for the past 8 seasons are shown below. The forecast including trend

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15. Sales from your Ebay shop show an increasing trend and seasonality. Sales for the past 8 seasons are shown below. The forecast including trend = 600 + 100t. The seasonal indices for each season have already been calculated for you. What is the forecast including trend and seasonal index (FITS) for the next Spring season? Seasonal Index Season Winter Spring Summer Fall Season Count Season Name Sales (units) O 1 Winter 900 2 Spring 1000 3 Summer 400 4 Fall 500 5 Winter 1500 6 Spring 1600 7 Summer 1200 8 Fall 1300 1.32 1.29 0.68 0.71 A. 1156 units B. 1278 units C. 1980 units D. 2064 units 16. Which control chart situation would NOT be a reason to investigate the process? A. Two points near the lower control limit. B. Erratic behavior. C. One point beyond the upper control limit. D. Run of 3 points below the central line. 17. Which is NOT one of five steps to the Collaborative Planning, Forecasting, and Replenishment (CPFR)? A. Agreeing on the degree of customer/server contact. B. Joint business planning, C. Creating the demand forecasts. D. Sharing the demand forecasts. 15. Sales from your Ebay shop show an increasing trend and seasonality. Sales for the past 8 seasons are shown below. The forecast including trend - 600+ 100t. The seasonal indices for each season have already been calculated for you. What is the forecast including trend and seasonal index (FITS) for the next Spring season? Season Count Season Name Sales (units) Season Seasonal Index (0) 1.32 1 Winter Winter 900 1.29 Spring Spring 1000 Summer 400 Summer 0.68 0.71 Fall Fall 500 Winter 1500 Spring 1600 Summer 1200 8 Fall 1300 A. 1156 units B. 1278 units C. 1980 units D. 2064 units 16. Which control chart situation would NOT be a reason to investigate the process? A. Two points near the lower control limit. B. Erratic behavior. C. One point beyond the upper control limit. D. Run of 3 points below the central line. 17. Which is NOT one of five steps to the Collaborative Planning, Forecasting, and Replenishment (CPFR)? A. Agreeing on the degree of customer/server contact. B. Joint business planning. C. Creating the demand forecasts. D. Sharing the demand forecasts. 2 3 4 5 6 7

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