Question

Question 7 (1 point) The Simple Exponential Smoothing (SES) forecast with an alpha of .25 for period 4 is: (round to 2 decimal places) Absolute Absolute Percent Error Squared Error Error 9 Naive X(Period) Y/Sales) Forecast Error 11 2. 12 8 3 4 10 5 15 12 기 Your Answer: Answer Question 8 (1 point) At what quantity is selling either of the products equally profitable (point of indifference i.e. crossover point)? Product 1 Product 2 68 53 26 Price/Unit Variable Cost/unit Fixed Cost 18 37,600 24,150 (Answer rounded to 0 decimal points, use standard rounding procedure) Your Answer:

Answer 1

Answer 7= Let forecast for period 1=11

Forecast for period 2=11+0.25*(11-11)=11

Forecast for period 3= 11+0.25*(12-11)=11.25

Forecast for period 4= 11.25+0.25*(8-11.25)=10.44

So the answer =10.44

Answer 8=let x is the crossover unit

For Profit indifference

Profit from product 1 = profit from product 2

68x-18x-37600=53x-26x-24150

50x-27x=13450

X=584.78 units

So the crossover units =584.78 =585 units

Answer 10- forecast for period four = (10.5+7.2+3.6)/3 =7.1

So the answer =7.1

Answer 11=

Total fault items =158*0.02=3.16

Total loss =3.16*10.3=32.55

Total items without fault = 158*0.98=154.84

Total profit from good products=154.84*102.5=15871.1

So net profit = 15871.1-154.84=15716.26

So the answer =$15716.26