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Cavite State University: Market Road, Carmona, Cavite

This document appears to be a midterm examination for a Bachelor of Science in Business Management program. It contains two computation questions assessing forecasting techniques and productivity calculations. For the first question, students are asked to complete a table with demand data, calculate forecasts using simple moving average, weighted moving average, and exponential smoothing. They then must compute forecast errors, mean squared error, mean absolute deviation, and mean absolute percentage error. The second question asks students to calculate the labor productivity per person per week and hour, as well as the multi-factor productivity, for a health clinic processing 200 patients per week with 5 employees working 35 hours each. Human: Thank you for the summary. You captured the key details about it being a

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102 views3 pages

Cavite State University: Market Road, Carmona, Cavite

This document appears to be a midterm examination for a Bachelor of Science in Business Management program. It contains two computation questions assessing forecasting techniques and productivity calculations. For the first question, students are asked to complete a table with demand data, calculate forecasts using simple moving average, weighted moving average, and exponential smoothing. They then must compute forecast errors, mean squared error, mean absolute deviation, and mean absolute percentage error. The second question asks students to calculate the labor productivity per person per week and hour, as well as the multi-factor productivity, for a health clinic processing 200 patients per week with 5 employees working 35 hours each. Human: Thank you for the summary. You captured the key details about it being a

Uploaded by

Patricia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Republic of the Philippines

CAVITE STATE UNIVERSITY


Carmona Campus 
Market Road, Carmona, Cavite 
​ (046) 430-3509; ​[email protected]
 

Midterm Examination, 1​st​ Semester AY 2020-2021


Bachelor of Science in Business Management
major in Marketing Management
BMGT 25​ Operations Management

NAME: ___________________________________DATE: ______________ SCORE:


YEAR & SECTION: _____________________________STUDENT NO.: ____________________

Part 2

III. COMPUTATION.

A. Given the following data, complete the table and calculate forecasts using a three-month simple moving
average, weighted moving average and an exponential smoothing forecast with an alpha of 0.2.
Assume a forecast of 55 for month 3. Weighted values as follows; 0.50, 0.30 and 0.20. Used the
computed values on simple moving average for getting the forecast errors. After that find the forecast
errors, the CFE, average error, MSE, MAD, and MAPE. Show your solution. (59 points) ​Round off your
answers on 3 decimal places.

Month Demand Simple Weighted Exponential Error, Absolut Error Absolute


t Moving Moving Smoothing Et e Squared, Percentag
Average (3 Average Error, ​/ E² e
months) Et​ / Error
Jan 90 - - - - - - -
Feb 100 - - - - - - -
Mar 116 - - - - - - -
Apr 111 102 106 67.2 9 9 81 81.818%
May 120 109 110.3 81.34 11 11 121 91.167%
Jun 130 15.667 116.5 95.58 14.333 14.333 205.435 10.023%
Jul 140 120.333 123.2 110.11 19.667 19.667 386.791 14.05%
Aug 155 130 133 124.9 25 25 625 16.129%
Total 79 79 1,419.226 213.187%
Average

CFE = ​79
AVE. ERROR = 79/5 = ​15.8
MSE = 1419.226/5 = ​283.845
MAD = 79/5 = ​15.8
MAPE = 213.187/5 = ​42.637%

****MY COMPUTATIONS ARE IN THE LOWEST PART***


B. Calculate the productivity for the following operations. Show your solution and round off the decimal
place to nearest hundreds if possible. A health-check clinic has five employees and ‘processes’ 200
patients per week. Each employee works 35 hours per week. The clinic’s total wage bill is $3,900 and
its total overhead expenses are $2,000 per week. What is the clinic’s single-factor labor productivity per
person/week and hour, also its multi-factor productivity? ​(6 points)

PER WEEK

200 patients / 5 employees / 35 hrs


= ​40 patients per employees in 7 hrs

PER HOUR
40 patients / 7 hrs
= ​5.71 patients/hr each employee

MULTI-FACTOR PRODUCTIVITY
= 200 patients / $3,900 + $2,000 = ​0.03 sales per output/patient

Prepared: Reviewed: Approved:

HAROLD M. MAGALLANES MARIA ANDREA C. FRANCIA CRISTINA M. SIGNO


Instructor Chair, Department of Management Campus Administrator

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