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Which of the following forecasting methods is considered a time-series forecasting technique? Question 7 Forecast Q4 unit demand using the Weighted Average Forecasting method, with

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Question 7 Forecast Q4 unit demand using the Weighted Average Forecasting method, with the weights provided. Not yet answered Sales Points out of 1.00 Quarter Units. Weight Flag question Q1 1,400 .2 Q2 1,210 .3 Q3 1,760 .5 a. 1,760 b. 1,415 c. 1,523 d. 1,457 Question 8. Forecast - We Forecast - Simple Moving Average Not yet answered Actual Points out of 1.00 Month Jan Feb March April Forecast 800 900 1000 900 Month Jan Feb March April Forecast Flag question You are the manager of a sporting goods store. Your employee has given you the above two forecasts for April demand. Which forecast would you use to plan your business and why? a. The weighted average - it better captures the sales trend b. The simple moving average - it's less complicated c. The weighted average - it's larger and you don't want to lose potential sales d. The simple moving average - it best captures sales over the past three months Question 14 Not yet Shouldice Hospital performs only one type of surgery, an uncomplicated hernia procedure. How does this impact the hospital's operations? answered Points out of 1.00 P Flag question a. It removes variability from planning for labor, materials, and capacity b. Since the hospital is in Canada, the procedure is fully covered by government insurance c. It is an easier procedure, so less-skilled workers are required d. It allows the hospital to screen for pre-existing conditions Question 11 Not yet answered Month 1 Month 2 Month 500 600 1000 1000 Points out of 1.00 Forecast Capacity Capacity Utilization 50% 60% p Flag question Based on the existing capacity and forecast (above), in what month will this company begin to have capacity concerns? a month 5 b. month 2 c. month 4 d. month 1 e. month 3

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