The Fresh Connection has been reviewing different forecasting techniques for predicting weekly demand for their products. The following table lists the forecasting technique and its corresponding Mean Absolute Deviation (MAD). Based on the table, which forecasting technique should be used? Forecasting technique MAD Exponential smoothing 68,375 Moving average 54,825 Naive 66,120 Regression analysis 49,515
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Based on the following warehouse report for the TFC’s finish…
Based on the following warehouse report for the TFC’s finished goods warehouse, which of the following would be an appropriate response?
As the VP of Supply Chain Management at the TFC, you decided…
As the VP of Supply Chain Management at the TFC, you decided to increase your lot size of Pack 1 containers from 2 weeks’ worth to ordering 5 weeks’ worth. Which of the following would you expect to see?
The TFC has a five-step process for making their finished go…
The TFC has a five-step process for making their finished goods available to their customers: Step 1: Retrieve components from the raw materials warehouse for production,Step 2: Mix pulp, water and any additives,Step 3: Bottle juice in containers,Step 4: Transfer the bottles to the finished goods warehouse,Step 5: Pull bottles for customer order and package in boxes, pallet layers or pallets according to the order. Bottling the juice is the step that takes the longest. The TFC wants to increase their capacity, what should they do?
As the buyer for Williams, AZ you are evaluating a supplier…
As the buyer for Williams, AZ you are evaluating a supplier for recycling bins to be used in city parks and along the downtown area. Three suppliers returned acceptable bids by the deadline. Below are the ratings from your assessment of the suppliers. Which supplier appears to be the best? Supplier Ratings Category Weight Supplier A Supplier B Supplier C Design 10% 4 3 2 Delivery 30% 2 3 5 Warranty 20% 5 1 2 Price 40% 3 5 4
If the TFC’s shelf life (%) promise is 65%,
If the TFC’s shelf life (%) promise is 65%,
The Fresh Connection has been reviewing different forecastin…
The Fresh Connection has been reviewing different forecasting techniques for predicting weekly demand for their products. The following table lists the forecasting technique and its corresponding Mean Absolute Deviation (MAD). Based on the table, which forecasting technique should be used? Forecasting technique MAD Exponential smoothing 69,500 Moving average 46,025 Naive 53,875 Regression analysis 70,125
Based on the following warehouse report for the TFC’s raw ma…
Based on the following warehouse report for the TFC’s raw material warehouse, which of the following would be an appropriate response?
An analysis of the most recent round shows that overtime and…
An analysis of the most recent round shows that overtime and outsourcing on the bottling line is higher than desired. All components have a Component Availability of 100%. Based on the following report, what could the TFC do to reduce overtime and outsourcing?
The Fresh Connection has been reviewing different forecastin…
The Fresh Connection has been reviewing different forecasting techniques for predicting weekly demand for their products. The following table lists the forecasting technique and its corresponding Mean Absolute Deviation (MAD). Based on the table, which forecasting technique should be used? Forecasting technique MAD Exponential smoothing 4,625 Moving average 6,950 Naive 6,875 Regression analysis 7,125