A company wants to forecast demand using the simple moving a…

A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., year 2013= 100, year 2014= 120, year 2015= 140, and year 2016= 210), which of the following is the simple moving average forecast for year 2017?

Delta Airlines agreed in 2011 to order 10 Airbus 330 Aircraf…

Delta Airlines agreed in 2011 to order 10 Airbus 330 Aircrafts from the French manufacturer, Airbus, for 140 million euros each for a total price of 1.40 billion euros with delivery scheduled for 2013.   The value of the dollar depreciated 20% against the euro in this time period.  What type of risk is Delta Airlines facing at the point when delivery and payment is made in 2013?

A company hires you to develop a linear regression forecasti…

A company hires you to develop a linear regression forecasting model. Based on the company’s historical sales information, you determine the intercept value of the model to be 1,200. You also find the slope value is minus 50. If, after developing the model, you are given a value of X = 10, which of the following is the resulting forecast value using this model?

Using the cut-and-try method for aggregate operations planni…

Using the cut-and-try method for aggregate operations planning, we can determine the production requirement in units of product. If the beginning inventory is 500 units, the demand forecast is 1,000, and the necessary safety stock is 10 percent of the demand forecast, which of the following is the production requirement?