{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

practice_7_Q4_solution

practice_7_Q4_solution - 204.6 Mean is 3993.28 Z-value for...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Q4: Camera Retailer Parts (a) and (b) 0.5 Week Demand for silver Abs. Dev. 1 1903 2 2111 1903 208 3 1805 2007 202 4 2010 1906 104 5 2222 1958 264 6 2435 2090 345 7 2113 2262.5 149.5 8 2348 2187.75 160.25 9 2555 2267.88 287.13 10 2411.44 MAD--------> 214.98 Part (c) Silver Standard deviation is 1.25*MAD 268.73 Mean is 2411.44 Z-value for 0.9 is 1.28 (X-2411)/268=1.28 solves X= 2754 Pard (d) 0.5 Week Combined demand Abs. Dev. 1 3912 2 3919 3912 7 3 3804 3915.5 111.5 4 3788 3859.75 71.75 5 3789 3823.88 34.88 6 4234 3806.44 427.56 7 3778 4020.22 242.22 8 3786 3899.11 113.11 9 4144 3842.55 301.45 10 3993.28 MAD--------> 163.68 Exp. Sm. With alpha = 0.5 Exp. Sm. With alpha = 0.5
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Combined Demand Standard deviation is 1.25*MAD
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 204.6 Mean is 3993.28 Z-value for 0.9 is 1.28 (X-3993)/204=1.28 solves X= 4254 Notice this is smaller 0.5 Abs. Dev. 2009 1808 2009 201 1999 1908.5 90.5 1778 1953.75 175.75 1567 1865.88 298.88 1799 1716.44 82.56 1665 1757.72 92.72 1438 1711.36 273.36 1589 1574.68 14.32 1581.84 MAD------> 153.64 Red metalic Standard deviation is 1.25*MAD 192.04 Mean is 1581.84 Z-value for 0.9 is 1.28 (X-1582)/192=1.28 solves X= 1828 Demand for red metallic Exp. Sm. With alpha = 0.5 r than the sum of part (c ) answers....
View Full Document

{[ snackBarMessage ]}