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just covers computer costs with a very small profit margin remaining. Each summer all incoming first-year students and their parents come to the Bow River
just covers computer costs with a very small profit margin remaining. Each summer all incoming first-year students and their parents come to the Bow River campus for a three-day orientation program. The students come in groups of 100 throughout the summer. During their visit, the students and their parents are given details about the bookstore's computer purchase program. Some students place their computer orders for the fall semester at this time, while others wait until later in the summer. The bookstore also receives orders from returning students throughout the summer. This program presents a challenging supply chain management problem for the bookstore. Orders come in throughout the summer, many weeks before school starts in the require at Tiers fall, and the computer suppliers require at least six weeks for delivery. Thus, the bookstore must forecast computer demand to build up inventory to meet student demand in the fall. The student computer program and the forecast for computer demand have repercussions all along the bookstore supply chain. The bookstore has a warehouse near campus where it must store all computers since it has no storage space at its retail locations. Ordering too many computers not only ties up the bookstore's cash reserves but also takes up limited storage space and limits inventories for other bookstore products during the bookstore's busiest sales period. Since the bookstore has such a low profit margin on computers, its bottom line depends on these other products. As competition for good students has increased, the university has become very quality-conscious and insists in fasilities provide exemplary leto during the bookstore's busiest sales period. Since the bookstore has such a low profit margin on computers, its bottom line depends on these other products. As competition for good students has increased, the university has become very quality-conscious and insists that all university facilities provide exemplary student service, which for the bookstore means meeting all student demands for computers when the fall semester starts. The number of computers ordered also affects the number of temporary warehouse and bookstore workers that must be hired for handling and assisting with PC installations. The number of truck trips from the warehouse to the bookstore each day of fall registration is also affected by computer sales. The bookstore student computer purchase ales have program has been in place for 14 years. tudent population has remained bookstore wor handling and assisting with PC installations. The number of truck trips from the warehou to the bookstore each day of fall registratio also affected by computer sales. The bookstore student computer purchase program has been in place for 14 years. Although the student population has rema stable during this period, computer sales been somewhat volatile. Following is the historical sales data for computers during first month of fall registration: University Bookstore Year Computers Sold 6 581 615 780 7 University Bookstore Year Computers Sold 6 581 7 615 8 780 9 912 10 757 11 801 12 865 13 729 14 877 639 15 814 16 17 1,090 920 1,130 18 19 to load the data in What is your MA3 forecast for Year 10? Answer: 769 What is your WMA3 forecast for Year 12? Answer: What is your ES.3 forecast for Year 14? Answer: What is the absolute value of the forecast error for ES.4 in Year 13? Answer: What is the absolute value of the forecast error for ES.5 in Year 11? Answer: just covers computer costs with a very small profit margin remaining. Each summer all incoming first-year students and their parents come to the Bow River campus for a three-day orientation program. The students come in groups of 100 throughout the summer. During their visit, the students and their parents are given details about the bookstore's computer purchase program. Some students place their computer orders for the fall semester at this time, while others wait until later in the summer. The bookstore also receives orders from returning students throughout the summer. This program presents a challenging supply chain management problem for the bookstore. Orders come in throughout the summer, many weeks before school starts in the require at Tiers fall, and the computer suppliers require at least six weeks for delivery. Thus, the bookstore must forecast computer demand to build up inventory to meet student demand in the fall. The student computer program and the forecast for computer demand have repercussions all along the bookstore supply chain. The bookstore has a warehouse near campus where it must store all computers since it has no storage space at its retail locations. Ordering too many computers not only ties up the bookstore's cash reserves but also takes up limited storage space and limits inventories for other bookstore products during the bookstore's busiest sales period. Since the bookstore has such a low profit margin on computers, its bottom line depends on these other products. As competition for good students has increased, the university has become very quality-conscious and insists in fasilities provide exemplary leto during the bookstore's busiest sales period. Since the bookstore has such a low profit margin on computers, its bottom line depends on these other products. As competition for good students has increased, the university has become very quality-conscious and insists that all university facilities provide exemplary student service, which for the bookstore means meeting all student demands for computers when the fall semester starts. The number of computers ordered also affects the number of temporary warehouse and bookstore workers that must be hired for handling and assisting with PC installations. The number of truck trips from the warehouse to the bookstore each day of fall registration is also affected by computer sales. The bookstore student computer purchase ales have program has been in place for 14 years. tudent population has remained bookstore wor handling and assisting with PC installations. The number of truck trips from the warehou to the bookstore each day of fall registratio also affected by computer sales. The bookstore student computer purchase program has been in place for 14 years. Although the student population has rema stable during this period, computer sales been somewhat volatile. Following is the historical sales data for computers during first month of fall registration: University Bookstore Year Computers Sold 6 581 615 780 7 University Bookstore Year Computers Sold 6 581 7 615 8 780 9 912 10 757 11 801 12 865 13 729 14 877 639 15 814 16 17 1,090 920 1,130 18 19 to load the data in What is your MA3 forecast for Year 10? Answer: 769 What is your WMA3 forecast for Year 12? Answer: What is your ES.3 forecast for Year 14? Answer: What is the absolute value of the forecast error for ES.4 in Year 13? Answer: What is the absolute value of the forecast error for ES.5 in Year 11
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