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Ass 1
Ass 1
CAT-I
PART-A 5X2=10
1. Define Forecasting
2. What is the difference between concurrent engineering and sequential engineering
3. What is production planning
4. What is capacity planning
5. If you are a capacity planner, when will you encourage a short term out sourcing.
PART-B 4X10=40
Period(T) 1 2 3 4 5 6 7 8 9 10 11 12
Inv. 60 70 85 60 88 68 106 78 86 124 122 87
Balance
Apply single exponential smoothing and forecast for the 13th period.
Assume S1(0)=X1, Smoothing constant α= 0.1
3. The owner of a small trucking company is interested in the relationship between the
age of a truck and annual repair expense he should expect to incur. In order to
determine this relationship the owner has accumulated the information in table
concerning the four trucks he presently own
4. The super snow paint shop has recorded the demand for a particular colour during the past 6
weeks as shown below