Solved: After estimating the forecast for year 6 compute the, Microeconomics

+44 141 628 6080
[email protected]

After estimating the forecast for year 6 compute the

The monthly demand for WMT Corporation for the past five years is shown in the table below. Forecast the total demand for year 6 using exponential smoothing. Assume the initial forecast for year 1 is 70,000 and the smoothing constant is 0.3. After estimating the forecast for year 6, compute the seasonality index for each month of the year and estimate the monthly demand for year 6.

Sales	Year 1	Year 2	Year 3	Year 4	Year 5
Jan	2000	3000	2000	5000	5000
Feb	3000	4000	5000	4000	2000
March	3000	3000	5000	4000	3000
April	3000	5000	3000	2000	2000
May	4000	5000	4000	5000	7000
Jun	6000	8000	6000	7000	6000
July	7000	3000	7000	10000	8000
Aug	6000	8000	10000	14000	10000
Sept	10000	12000	15000	16000	20000
Oct	12000	12000	15000	16000	20000
Nov	14000	16000	18000	20000	22000
Dec	8000	10000	8000	12000	8000

View Complete Question

Solution Preview :

Prepared by a verified Expert

Microeconomics: After estimating the forecast for year 6 compute the

Reference No:- TGS01184762

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

What steps reduce dlg requirement for external finance

Which two of the following steps will reduce DLG's requirement for external finance? Solution A. Offering longer credit terms to customers.

What are typical features of using a debt factor

Which two of the following are typical features of using a debt factor? Solution A. The organisation retains the freedom to offer credit to any customer.

What is the cost of financing the trade receivables balance

What is the cost of financing the trade receivables balance? Give your answer to the nearest whole dollar. Do not include symbols, commas or letters in response

Find mikes modified adjusted gross income

Interview Notes . Mike Cooper is 26 years old and single. He provides all of his own support. . Mike works at a grocery store and earned $15,250

Determine what the minimum price differential is

Your objective is to determine what the minimum price differential ($x/barrel) is, at which this process becomes an acceptable investment

Which items that are withheld from an employee paycheck

Which items that are withheld from an employee's paycheck does a company have an obligation to send to the appropriate tax agency?

What is the desired profit per suit

What is the desired profit per suit? Select answer from the options below $65 $40 $60 $55

Solution Preview :

Prepared by a verified Expert

Microeconomics: After estimating the forecast for year 6 compute the

Reference No:- TGS01184762

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : A current density of 01 agtcm2 is applied to the iron in an

Q : Describe which functions or positions in your company that

Q : Do you agree or disagree with the statement select a

Q : Find the proportion of all graduate students at this

Q : After estimating the forecast for year 6 compute the

Q : Old buildings can be terrific structures in some cases they

Q : A tensile load of 220 kn is applied to a round metal bar

Q : Analyzing and reporting financial statement effects of bond

Q : What are the different types of rocks and explain its