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2. Discuss how sustainability can be achieved in transportation and distribution functions. 12-5. The chairperson of the department of management at Tech wants to forecast
2. Discuss how sustainability can be achieved in transportation and distribution functions. 12-5. The chairperson of the department of management at Tech wants to forecast the number of students who will enroll in operations manage. ment next semester in order to determine how many sections to sched. ule. The chair has accumulated the following enrollment data for the past eight semesters: a. Compute a three-semester moving average forecast for semesters 4 through 9. b. Compute the exponentially smoothed forecast (=0.20) for the enrollment data. c. Compare the two forecasts using MAD and indicate the most accurate. 1. The Ashton Furniture Company manufactures coffee tables and chest of drawers. Last year the company's cost of goods sold was $3,700,000, and it carried inventory of oak, pine, stains, joiners, and brass fixtures, work-in-process of furniture frames, drawers and wood panels, and finished chests and coffee tables. Its average inventory levels for a 52-week business year were as follows. Determine the number of inventory turns and the days of supply for the furniture company
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