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ME466 Ass - production planning and control
Course: operation research (ME605)
10 Documents
Students shared 10 documents in this course
University: جامعة طرابلس
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University of Tripoli
Faculty of Engineering
Department of Mechanical and Industrial Engineering
ME 466 Assignment no 1
1, The Instant Paper Clip Office Supply Company sells and delivers office supplies
to companies, schools, and agencies within a 50-mile radius of its warehouse. The
office supply business is competitive, and the ability to deliver orders promptly is
a big factor in getting new customers and maintaining old ones. (Officest epically
order not when they run low on supplies, but when they completely run out. As
a result, they need their orders immediately.) The manager of the company wants
to be certain that enough drivers and vehicles are available to deliver orders
promptly and that they have adequate inventory in stock. Therefore, the manager
wants to be able to forecast the demand for deliveries during the next month.
From the records of previous orders, management has accumulated the following
data for the past 10 months.
: Month Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Orders 120 90 100
75 110 50 75 130 110 90
a. Compute the monthly demand forecast for February through November
using the naive method.
b. Compute the monthly demand forecast for April through November using a
3-month moving average.
c. Compute the monthly demand forecast for June through November using a
5-month moving average.
d. Compute the monthly demand forecast for April through November using
a 3-month weighted moving average. Use weights of 0.5, 0.33, and 0.17, with
the heavier weights on the more recent months.
e. Compute the mean absolute deviation for June through October for each
of the methods used. Which method would you use to forecast demand
for November
2.Use the sales data given below to determine: (a) the least squares trend line, and
(b) the predicted value for 2013 sales.