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Question 27 3 / 3 pts Consider the following actual demand and forecast data for Reynolds Minerals, a regional distributor of commercial sand. All data
Question 27 3 / 3 pts Consider the following actual demand and forecast data for Reynolds Minerals, a regional distributor of commercial sand. All data is in tons. Month Forecast Actual Demand 1 788 890 2 804 819 3 798 808 4 800 801 5 810 800 6 820 807 799 816 8 822 804 9 823 817 10 11 12 Develop a forecast for month 10 using exponential smoothing with a smoothing constant of .7. Select the answer that best matches yours.This Problem Counts 3 Points O 819 O 821 O 824 O 826 O 817Question 23 1.5 I 1.5 pts Continuing with Reynolds Minerals. instead of using exponential smoothing. forecast the demand for month 10 using a four month weighted average of actual demand with the weights of .5. .3. .1. and .1 This Problem Counts 1.5 Points Question 29 1.5 / 1.5 pts Continuing with Reynolds Minerals, what is the Mean Absolute Deviation of the Forecast for months 1 through 9? This Problem Counts 1.5 Points O 10.94 O 12.20 O 21.33 O -10.94Question 30 1.5 / 1.5 pts Continuing with Reynolds Minerals, what is the Tracking Signal for months 1 through 9? This Problem Counts 1.5 Points O -9.800 O .0895 O -4.6143 O 4.5938 O 1.950Question 21 3/ 3 pts This Problem Counts 3 Points A company that markets portable EKG machines to hospitals uses EOQ to control inventory costs. Demand used to be 1,000 machines per year and it costs $10 to place an order. Holding cost is $.50. Demand has recently changed to 100 machines per month. How much would EOQ change?O 219 Units Correct! O 19 units O 132 units O 57 unitsQuestion 22 3 / 3 pts The Annie's Card Shoppe stocks Mother's Day cards for a limited time each Spring. The store charges a $7.99 for each card sold. Immediately after Mothers Day the cards are sold to a discounter for $1.00 per card. Annie's is committed to a 95% service level on all products sold. What is the implied cost target Annie's must hit from its suppliers that justifies the 95% fill rate for the Mothers Day cards. This Problem Counts 3 Points O $3.59 O $1.35 O $.05 O $.40 O $1,95
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