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Management homework help

question 1:
Should a firm attempt to have fewer or more suppliers? What are the advantages and disadvantages of each approach? Your initial post should be 200-250 words.
Question 2:
Read Problem 6 in Chapter 6 of your textbook. Calculate and answer parts a through d. Include all calculations and spreadsheets in your post. Explain why the moving average method was used instead of another forecasting method. What might be another forecasting method that could prove to be just as useful? Your initial post should be 200-250 words.
Problem 6:
The figures below indicate the number of mergers that took place in the savings and loan industry over a 12-year period.
Year   Mergers
2000     46
2006     83
2001    46
2007   123
2002     62
2008     97
2003     45
2009   186
2004    64
2005    61
2006    83
2007   123
2008   97
2009  186
2010   225
2011   240

  • a Calculate a 5-year moving average to forecast the number of mergers for 2012.
  • Use the moving average technique to determine the forecast for 2005 to 2011. Calculate measurement error using MSE and MAD.
  • Calculate a 5-year weighted moving average to forecast the number of mergers for 2012. Use weights of 0.10, 0.15, 0.20, 0.25, and 0.30, with the most recent year weighted being the largest.
 
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