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Sales (in hundreds) of XYZ Co. for the previous 7 months are 80, 82, 88, 95, 103, 105 and 122 respectively. Forecast the sales by
Sales (in hundreds) of XYZ Co. for the previous 7 months are 80, 82, 88, 95, 103, 105 and 122 respectively. Forecast the sales by 3 point weighted moving average method for the forthcoming period assuming the weightages as 70, 20 and 10 percentages a. 11000 units Ob. 10260 units O c. 11670 units d. 11350 units A business estimated its minimum consumption of a material as 100 units per week, maximum consumption 200 units: EOQ 400 units: normal lead time 4-6 weeks: and emergency lead time 2-4 weeks. The maximum level of stock will be: A business estimated its re-order quantity should be at 5,000 units per order with a buying cost OMR 150 per order and OMR 1.5 as storage cost per unit. If the only the ordering cost per unit increases for business: A business incurred direct material cost OMR 600: Indirect material OMR 100: direct labor OMR 300: Indirect labor OMR 200 and other indirect costs OMR 500. Its conversion cost would be
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