OPERATIONS MANAGEMENT QUIZ

- Multiply weight with the given

LOCATION FACTOR RATING examples
- Add all by column
- The highest factor rating is the
recommended answer

SOLUTION

CENTER OF GRAVITY

SAMPLE PROBLEM

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OPERATIONS MANAGEMENT QUIZ
SOLUTION

X = (A)(Wt) + (B)(Wt) + (C) (Wt) + (D)(Wt)

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Wt A + Wt B + Wt C + Wt D

LOAD DISTANCE

Y = (A)(Wt) + (B)(Wt) + (C) (Wt) + (D)(Wt)

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Wt A + Wt B + Wt C + Wt D

= (000,000)
- Make a graph Y for standing
line, X for laying line
- Number from 500/700
downwards
- Pinpoint center of gravity

SAMPLE PROBLEM

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OPERATIONS MANAGEMENT QUIZ
FORECASTING

★ FORECASTING
— Predicting the future

● Qualitative Forecast Method -

Subjective

● Quantitative Forecast Method - based

on mathematical formulas

★ TIME SERIES
SAMPLE PROBLEM — Assume that what has occurred in the past
will continue to occur in the future

— Relate the forecast to only one factor - TIME

Includes: (3 methods)
● Moving Average

Naive Forecast
- Demand in current period is used as
SOLUTION
next period’s forecast

Actual Demand Forecast

Ex: Oct 110
Nov 98 110
Dec 98

Simple Moving Average

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OPERATIONS MANAGEMENT QUIZ
- Uses average demand for a fixed
sequence of periods
Ex: 3 mos / 4 mos / 5 mos
- Stable demand with no pronounced
behavioral
- Hindi ganun kalaki yung fluctuations
Ex: 100 -> 10 -> 0

Moving Average 3
Forecast/Final answer = 78.3333

Weighted Moving Average

- weights are assigned to most recent
data
- total of 1.0
Actual Demand Forecast
Ex: Sept 80 -> .2
Moving Average 5
Oct 110 -> .3
Forecast/Final answer =85
Dec 102 -> .5

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OPERATIONS MANAGEMENT QUIZ
SOLUTION

– yung data is derived from 5 month simple

moving average pic; aug, sept, oct
— FINAL ANSWER: Forecast in November is
103.4 orders

SAMPLE PROBLEM

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