Question 6 and 7 ne opulilal juB Sequen Ju gequéhe and calculate the makespan of

Question

Question 6 and 7

ne opulilal juB Sequen Ju gequéhe and calculate the makespan of the jobs. Determine also the goodness of CDS given the data in Table 3. Question 6 [6 marks] You are a car manufacturer and trying to forecast the demand for your car next from experience that the demand for your previous year, the current level of the interest rate, the current cost of operating a car and the current level of consumer confidence in the economy. You also found that brand preference is important, and this perception takes time to shift in the consumer's mind, so the previous levels of demand for the car for the past three years tend to influence the level of demand for the current year. Also, the forecast error of the past two years is believed to be perpetuated until the current year because this is usually driven by a new technology in a model that seems well accepted. With this information, write a model to forecast the demand for the current year's demand, using a's as the parameter estimators for the external predictor variables, and 's and r's as the autoregression year. You believe car is dependent on the GDP growth rate for the parameters of the demand variable and its noise respectively. Question 7 [8 marks] Consider an aggregate planning system in which the holding cost rate is R1 per unit item per period, the shortage cost rate is R3 per unit item per period, the regular time production cost is R10 per unit item, the overtime production cost is R15 per unit item, the outsourcing cost is R25 per unit item, and the planning horizon is 4 weeks. Set up the transportation tableau that you may use to optimise the production plan 4

Explanation / Answer

In first week - they can produce car as per the production capacity and in second week to increase the production, Overtime can be done and in third week it can be outsourced. Hence if you can all cost together in 4th week. It will come average cost of teh car and it will be competitive. 1+3+10+15+25= 10.80 will be average cost for each car.

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.