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1. Explain how human resource strategies and planning services relate to operational plans, particularly in relation to labour requirements. (250–300 words)

2. A Chinese dealer uses exponential smoothing with trend to forecast monthly sales of its Buick Enclaves. At the end of July the dealer wishes to forecast sales for August. The trend through July has been 15 additional Enclave sold per month. Average sales (forecast for July) have been 57 Enclaves per month. The demand for July was 62 Enclaves. The dealer uses α = 0.20 and β 0.10. Make a forecast including trend for the month of August.

Operation Management, Management Studies

  • Category:- Operation Management
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