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ME466 Ass - production planning and control

production planning and control
Course

operation research (ME605)

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Students shared 10 documents in this course
Academic year: 2023/2024
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University of Tripoli

Faculty of Engineering

Department of Mechanical and Industrial Engineering

ME 466 Assignment no 1

The Instant Paper Clip Office Supply Company sells and delivers office supplies , 1

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, 0, and 0, 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

Use the sales data given below to determine: (a) the least squares trend line, and. 2 .(b) the predicted value for 2013 sales

(Sales (Units Year

100 2006

110 2007

122 2008

130 2009

139 2010

152 2011

164 2012

To minimize computations, transform the value of x (time) to simpler numbers. .In this case, designate year 2006 as year 1, 2007 as year 2, etc

.The following are the measurement of the height and weight of ten men. 3

Height (inches) 63 71 72 68 75 66 68 76 71 70

Weight (lb) 145 158 156 148 163 155 153 158 150 154

Calculate the correlation coefficient and show that it is significantly .a .different from zero . B, Find the linear regression of height on weight

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ME466 Ass - production planning and control

Course: operation research (ME605)

10 Documents
Students shared 10 documents in this course
Was this document helpful?
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.