Scribd
Upload
142 views3 pages

Assignment # 1

1. The manager tracked a crew's carpeting installation output over several weeks. The summary provides the crew size and yards installed each week. 2. The document contains production and labor data for 4 weeks of chocolate bar production. It asks what the productivity figures suggest. 3. Sales data is presented for 3 bakery products over 15 days. It asks to predict the next day's sales and consider what using sales data implies versus demand data.

Uploaded by

Anonymous JmeZ95P0
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
142 views3 pages

Assignment # 1

1. The manager tracked a crew's carpeting installation output over several weeks. The summary provides the crew size and yards installed each week. 2. The document contains production and labor data for 4 weeks of chocolate bar production. It asks what the productivity figures suggest. 3. Sales data is presented for 3 bakery products over 15 days. It asks to predict the next day's sales and consider what using sales data implies versus demand data.

Uploaded by

Anonymous JmeZ95P0
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

Assignmen

t#1

1. The manager of a crew that installs carpeting has tracked the crews output
over the past several weeks, obtaining these figures:

Week Crew Yards


1 Size
4 Installed
96
2 3 72
3 4 92
4 2 50
5 3 69
6 2 52

a. Compute the labor productivity for each of the weeks.


b. On the basis of your calculations, what can you conclude about crew size
and productivity?

2. Compute the multifactor productivity measure for each of the 4 weeks


shown for production of chocolate bars. What do the productivity figures
suggest? Assume 40-hour weeks and an hourly wage of $12. Overhead is 1.5
times weekly labor cost. Material cost is $6 per pound.

Output Material
Week Workers
(units) (pounds)
1 30,000 6 45
2 33,600 7 0
47
3 32,200 7 0
46
4 35,400 8 0
48
0

Page 1
of 3
3. A commercial bakery has recorded sales (in dozens) for three products, as
shown below:

Day Blueberry Cinnamon Cupcakes


1 Mufins
30 Buns18 45
2 34 17 26
3 32 19 27
4 34 19 23
5 35 22 22
6 30 23 48
7 34 23 29
8 36 25 20
9 29 24 14
10 31 26 18
11 35 27 47
12 31 28 26
13 37 29 27
14 34 31 24
15 33 33 22

a. Predict orders for the following day for each of the products using an
appropriate naive method. (Hint: Plot each data set.)
b. What should the use of sales data instead of demand imply?

4. National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a
seven-month period were as follows:
Mont Sales (000
hFeb. units)
19
Mar. 18
Apr. 15
May 20
Jun. 18
Jul. 22
Aug. 20
a. Plot the monthly data on a sheet of graph paper.
b. Forecast September sales volume using each of the following:
(1) A linear trend equation.
(2) A five-month moving average.
(3) Exponential smoothing with a smoothing constant equal to .20, assuming
a March forecast of 19(000).
(4) The naive approach.
(5) A weighted average using .60 for August, .30 for July, and .10 for June.
c. Which method seems least appropriate? Why? (Hint: Refer to the plot from
part a.)

5. The following data were collected during a study of consumer buying


patterns:

Observati x y Observati x y
on 1 15 74 on 8 18 78
2 25 80 9 14 70
3 40 84 10 15 72
4 32 81 11 22 85
5 51 96 12 24 88
6 47 95 13 33 90
7 30 83

a. Plot the data.


b. Obtain a linear regression line for the data.
c. What percentage of the variation is explained by the regression line?
d. Use the equation determined in part b to predict the expected value of y for x
= 41.

You might also like