Q36.

Consider the following data regarding the Fiske Spinner, a rotary device used in the production of the ABS Brake Assembly. Product Cost $34. 75 Holding Cost 10% of Product Cost Order Cost $375/order Safety Stock 100 units Monthly Demand 2.500 units (assume that demand remains constant throughout the year) What is the total annual inventory cost (including product costs) of the Fiske Spinner? ln determining the number of orders per year round up to the nearest whole order and consider all costs associated the spinner inventory.

A. 56625

B. 86875

C. 1042500

D. 1051768

E. 1099125

Q37.

Consider the following actual demand and forecast data for Reynolds Minerals a regional distributor of commercialsand. All data is in tons.

Develop a forecast for month 10 using exponential smoothing with a smoothing constant of 0.7,

Select the answer that best matches yours.

A. 819

B. 821

C. 824

D. 826

E. 817

Q38. Continuing with Reynolds Minerals. Instead of using exponential smoothing.forecast the demand for Month 10 using the a four month weighted average of actual demand with the weights of .5,.3.. 1, and .1

A. 818

B. 814

C. 810

D. 822

Q39.Continuing the Reynolds Minerals what is the Mean Absolute Deviation of the Forecast (months 1 through 9)? NOTE: The Month 1 Forecast of 788 was derived from the forecasting formula and was not a "picked' value.

A. 10.94

B. 12.20

C. 21.33

D. -10.94

E. 192

Q40. Continuing with Reynolds Minerals, what is the Tracking Signal for months 1 through 9?

A. 9.800

B. 0.0895

C. 4. 5937

D. 0.5104

E. 1.950