400
1,000
1,600
Question 3.3. (TCOs 3, 4, and 5) A company wants to forecast demand
using the simple moving average. If the company uses three prior
yearly sales values (i.e., year 2011 = 130, year 2012 = 110, and year
2013 =160), which of the following is the simple moving average
forecast for year 2014?
(Points : 10)
100.5
122.5
133.3
135.6
139.3
Question 4.4. (TCO 5) If a firm produced a standard item with
relatively stable demand, the smoothing constant alpha (reaction rate
to differences) used in an exponential smoothing forecasting model
would tend to be in which of the following ranges?
(Points : 10)
5% to 10%
20% to 50%
20% to 80%
60% to 120%
90% to 100%
Question 5.5. (TCO 2) Various financial data for SunPath
Manufacturing for 2012 and 2013 follow.
What is the percentage change in the multifactor labor and raw
materials productivity measure for SunPath between 2012 and 2013?