Question

E IL LIUR IS PUnning. Example Questions/Problem 1. List the time series components for the demand time series Demand (millions) shown. Provide a 108.0 brief justification for 107.0 each. 106.0 105.0 2. Select True or False. 104.0 Justify your answer if 103.0 false. Your firm is 102.0 planning a capacity 101.0 expansion. Two 100.0 alternatives are being 99.0 considered: 12 alternative X and alternative Y. X has lower fixed cost but higher variable cost than Y. Revenue is fixed regardless of demand. After some calculation, you determine that the indifference point between X and Y is 10,500 units. If your forecast demand is exactly 10,500 units, then according to this model, it is definitely better to choose alternative Y. 20 3. Select True or False. Justify your answer if false. A cellular layout allows managers to reap some of the advantages of repetitive assembly (product focus) while remaining process focused.

Answer 1

1)

Time Series Components Cycle Trend Random movement Time Time Seasonal pattern Trend with seasonal pattern Demand Time Time 11

here there is trend with seasonal pattern