Production and Operation management exam

Exam starts in less than 2 hours and it is 40 minutes exam.

Exam will be 60 points possible (6 areas of problems calculations- 1 area from Ch. 2 and 5 problem areas from Ch. 3)

Don't use plagiarized sources. Get Your Custom Essay on
Production and Operation management exam
Just from $10/Page
Order Essay

attached ch 2 and ch 3 slides

Text book :Shukla, P. K. Operations Management McGraw Hill Create, 2019. Publisher: McGraw Hill Create, Year Published: 2019, ISBN-10: 1307421148 ISBN-13: 9781307421149.

Chapter 2

will have problems and calculations which involve the calculation of productivity measures: total factor, multifactor, and partial (where the 2 or more inputs of interest are identified). Know how to calculate productivity measures where output is calculated in units and is also calculated in total dollars or revenue (units of output * selling price). Know how to calculate labor productivity measures where labor is in units of labor hours and in labor dollars (labor hours * wages).

Chapter 3

There are some concepts that are less important to worry about calculating such as: mean squared error, std. deviation of the errors, and exponentially smoothed error. Skip exponential smoothing and skip exponential smoothing with trend (skip Example 3.1 on p. 56). For Problems/Calculations related to Chapter 3:

1. Know how to do a simple moving average forecast as done in the textbook on p. 51

2. Know how to do a weighted moving average as done in the textbook on p. 52

3. Know how to do a calculation of line of best fit single variable linear regression with time period as the independent variable and use the regression equation to predict sales for a future time period as done in the textbook on p. 57-59 Example 3.2. You only need to identify the regression equation and predicted sales value. You do not need to show a graph like in exhibit 3.6 on p. 58 and you do not need a table like in exhibit 3.7 on p. 59. You will not have to calculate the standard error of the estimate as shown on p. 59

4. Know how to do a forecast with seasonal index as done in the textbook Example 3.3 on p. 62 whereyou are given Year 1 quarterly sales data, overall yearly sales expected for Year 2 and are asked to forecast the Year 2 quarterly sales forecast using the Year 1 seasonal index. You can skip Example 3.4 on p. 63.5. Know how to calculate overall 6 period MAD and overall 6 period Percent Error as shown in in the solved example in the Ch. 3 ppt slide. You do not have to calculate the RSFE (running sum of forecast error), or TS (tracking signal).

ch._3_shukla_modified_forecasting_entire_chapter_9_22_2019_with_a_clear_background.pptx

Get professional assignment help cheaply

Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?

Whichever your reason may is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.

Our essay writers are graduates with diplomas, bachelor, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college diploma. When assigning your order, we match the paper subject with the area of specialization of the writer.

Why choose our academic writing service?

  • Plagiarism free papers
  • Timely delivery
  • Any deadline
  • Skilled, Experienced Native English Writers
  • Subject-relevant academic writer
  • Adherence to paper instructions
  • Ability to tackle bulk assignments
  • Reasonable prices
  • 24/7 Customer Support
  • Get superb grades consistently

 

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Open chat
1
You can contact our live agent via WhatsApp! Via +1 817 953 0426

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 20% with the discount code VICTORY