007A College of Administrative and Financial Sciences Assignment 2 Deadline: 25/03/2021 @ 23:59 Academic Year: 2020-21 Course Name: Introduction to Operations Management Student’s Name: Course Code: MGT311 Student’s ID Number: Semester: II CRN: For Instructor’s Use only Instructor’s Name: Dr. Salem Alanizan Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). • Submissions without this cover page will NOT be accepted. Learning Outcome: • Describe the concept of operations functions, supply chain strategy, process selection, forecasting, capacity planning, production forecast methods and schedule operations. • Demonstrate process-flow analysis, process design solutions, operations strategies, Inventory Control System and customer services in the business operation. Assignment Question(s): (Marks 5) Question 2: An Electronic Company estimates the annual demand for a certain product as follows: Week Demand 1 649 2 524 3 561 4 738 5 515 6 598 a. Forecast the demand for week 7 using a five-period moving average? (Marks 1.5) (word count maximum:100) b. Forecast the demand for week 7 using a three-period weighted moving average. Use the following weights: W1 = .4, W2 = .4, W3 = .2 (Marks 1.5) (word count maximum:100) c. Forecast the demand for week 7 using exponential smoothing. Use α value of .1 and assume the forecast for week 6 was 602 units? (Marks 1.5) (word count maximum:100) d. What assumptions are made in each of the above forecasts? (Marks 0.5) (word count maximum:150) 
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