Marie Bain Is the Production Manager at a Company That

question 148

Essay

Marie Bain is the production manager at a company that manufactures hot water heaters. Marie needs a demand forecast for the next few years to help decide whether to add new production capacity. The company's sales history (in thousands of units) is shown in the table below. Use exponential smoothing with trend adjustment, to forecast demand for period 6. The initial forecast for period 1 was 11 units; the initial estimate of trend was 0. The smoothing constants are α = .3 and β = .3.
$$\begin{array} { | c | c | } \hline \text { Period } & \text { Actual } \\\hline 1 & 12 \\\hline 2 & 15 \\\hline 3 & 16 \\\hline 4 & 16 \\\hline 5 & 18 \\\hline 6 & 20 \\\hline\end{array}$$

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Definitions:

Caregiver Relationships

The dynamics and interpersonal interactions between an individual who provides care and the recipient of care, often involving emotional, physical, and social support.

Defense Mechanism

Psychological strategies employed unconsciously to protect oneself from anxiety or unacceptable thoughts and feelings.

Splitting

A defense mechanism in psychoanalysis where an individual views others or themselves as all good or all bad, lacking nuance.

Psychoanalytic Approaches

Therapy modalities based on Freudian concepts that explore unconscious motivations and early childhood experiences affecting current behaviors.