The demand for a product in the month of march turned out to be 20 units against an earlier made forecast of 20 units. The actual demand for April and May turned to be 25 and 26 units ...Read more
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Compute demand forecasting for April to November by using 3-month moving average and 4 month weighted moving average method.
Ten months data are available that is. Compute demand forecasting for April to November by using 3-month moving average and 4 month weighted moving average method.
There are one-month data. The production rate varies from day to day. Number of non-conforming components are also given with number inspected. Draw a p-chart and find the control limits.
What is demand forecasting? Discuss different type of forecasting?
Which of the following is known as count of defect chart? (a) X-bar and R-chart (b) p-chart (c) c-chart (d) u-chart
In an exponential smoothing method (a) All the past data have equal weights (b) Recent data has lesser weight than the past data (c) Recent data has more weight than the past data (d) None of these
The result of compliance of an article give a mean number of complain to be 4.25. find the 3𝜎 control limit for c chart
A device used for lifting or lowering an object suspended from a hook at the end of retractable chains is called (a) Jib crane (b) Hoist (c) Portable elevator (d) Chain conveyor
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What do you mean by firm and its ownership? Explain in detail