Predict demand using exponential smoothing with alpha, Operation Management

+44 141 628 6080
[email protected]

Predict demand using exponential smoothing with alpha

Demand for the last four months was:
Month ----Mar-Apr-May-Jun
Demand-----6---8-----10---8

A) Predict the demand for July using each of these methods:

1) A 3-period moving average
2) Exponential smoothing with alpha equal to 0.20, April forecast is 6 (use naive to begin)
3) Using the weights of .5, .3, and .2, what is the three-period weighted moving average forecast for July

B) If the naive approach had been used to predict demand for April through June, what would the MAD have been for those months?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Operation Management: Predict demand using exponential smoothing with alpha

Reference No:- TGS092885

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Operation Management

Q : Acholeplasma laidlawii is a small bacterium

Acholeplasma laidlawii is a small bacterium that cannot synthesize its own fatty acids and must therefore construct it plasma membrane from whatever fatty acids are

Q : Linked structure based java programming

By using Java's list classes, One is the array based java.util.ArrayList<E> and the other is the linked structure based java.util.LinkedList<E>. We also will use java.util.Iterator<E>, demonstrate that your code works. Fill up the q

Q : Fair value in excess of sabathia book value

Posada Company acquired 7,000 of the 10,000 outstanding shares of Sabathia's company on January, 1, 2010, for $840,000. The subsidiary's total fair value was assessed at $1,200,000 although its book value on that date was $1,130,000. The $70,000 f

Q : Costs of staffing and operating the accounting department

The costs of staffing and operating the accounting department at Central Hospital would be considered by the Department of Surgery to be: direct costs; indirect costs; incremental costs; or opportunity costs.

Q : Predict demand using exponential smoothing with alpha

If the naive approach had been used to predict demand for April through June, what would the MAD have been for those months?

Q : Oral and written communication with the job applicants

If you were the HR staffing manager for an organization, what guidelines might you recommend regarding oral and written communication with the job applicants by members of the organization?

Q : A spectrometer is required to obtain

Since a spectrometer is required to obtain the data from absorbance studies, you will not be asked to collect the data yourself. Instead, you will work with data that has already been collected

Q : Write a program which reads student names

Write a program which reads student names, social security numbers, and test scores from an input file named infile. The program then computes a weighted average, finds the appropriate letter grade, and displays the formatted output specifi

Q : What amount did risen receive from the bond issuance

On July 1, 2004 Risen Co. issued 500 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2004 and mature on April 1, 2014. Interest is payable semi-annually on April 1 and October 1. What amount did Risen receive fro

1947004

Questions
Asked

3,689

Active Tutors

1416840

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Operation Management: Predict demand using exponential smoothing with alpha

Reference No:- TGS092885

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : Acholeplasma laidlawii is a small bacterium

Q : Linked structure based java programming

Q : Fair value in excess of sabathia book value

Q : Costs of staffing and operating the accounting department

Q : Predict demand using exponential smoothing with alpha

Q : Oral and written communication with the job applicants

Q : A spectrometer is required to obtain

Q : Write a program which reads student names

Q : What amount did risen receive from the bond issuance

Discuss limited government role in speculative assets

What information surprised you and why

Examines wartime occupied europe from a childs perspective

Knowledge of the differences between themes and motifs

Brainstorming blows manfred von richthofens flying circus

What was this peculiar sensation

Similarities and differences in the social philosophies

Request for Solution File

Ask an Expert for Answer!!

Operation Management: Predict demand using exponential smoothing with alpha

Reference No:- TGS092885

Recent Questions Asked Operation Management

Q : Acholeplasma laidlawii is a small bacterium

Q : Linked structure based java programming

Q : Fair value in excess of sabathia book value

Q : Costs of staffing and operating the accounting department

Q : Predict demand using exponential smoothing with alpha

Q : Oral and written communication with the job applicants

Q : A spectrometer is required to obtain

Q : Write a program which reads student names

Q : What amount did risen receive from the bond issuance

Asked Questions