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Management Studies

officeStar is company that produces office water coolers .The company wishes to implement an MRP system for one of its products , identified as the modle C10 cooler . The montly sales for this water cooler for the past 10 months are given in table 1

Month	May	June	July	Aug	Sept	OCt	Nov	Dec	jan	feb
Sales of volume	150	185	320	317	400	500	360	210	480	300

a - forecast the demand for march (the next month ) using the following

- A three month moving avege

- Naive method

- Aweighted moving averge using 0.60 febreuary ; 0.25 for january; and 0.15 for week december

b- calculate the mean absolute percent ( MSE) for each of the above methods

which methods seems the most appropriate?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9693671

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