In order to increase the responsiveness of a forecast made using the moving-average method, the number...
In order to increase the responsiveness of a forecast made using the moving-average method, the number of values in the average should be:
multiplied by a smaller alpha.
multiplied by a larger alpha.
increased from the current value.
adjusted with smoothing.
None of the responses are accurate
Homework Answers
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In order to increase the responsiveness of a forecast made using
the moving-average method, the number...
Examples 1,2,3 1. Beyond Tea Inc. wants to forecast sales of its menthol green tea. The...
Examples 1,2,3
1. Beyond Tea Inc. wants to forecast sales of its menthol green
tea. The company is considering either using a simple mean or a
three-period moving average to forecast monthly sales. Given sales
data for the past 10 months use both forecasting methods to
forecast periods 7 to 10 and then evaluate each. Which method
should they use? Use the selected method to make a forecast for
month 11. (Show all calculations .... Please read Examples1, 2, 3...
Omework Consider the following time series data Month 1 2 3 4 5 6 7 Value 21 14 18 13 18 21 14 a....
omework Consider the following time series data Month 1 2 3 4 5 6 7 Value 21 14 18 13 18 21 14 a. Which of the following is a correct time series plot for this data? や" -Select your answer- What type of pattern exists in the data? -select your answer- b. Develop the three-month moving average forecasts for this time series. Compute MSE and a forecast for month 8 (to 2 decimals if necessary). Enter negative values as...
9:14 NAME: Please show work. following forecast models, what can be donc? Simple moving average: Naive...
9:14 NAME: Please show work. following forecast models, what can be donc? Simple moving average: Naive method: 2. While monitoring the forecast values, the tracking signals are consistently coming out as large negative numbers (ie 3.5,-5.9,-7.8) What does this mean? s Given the actual data as below, what is the forecast for period 6, using a four-period weighted moving average with weights of.1,2,3 and 4 (greater weight towards more recent time)? Show work 4. Actual demand for the last four...
1) i) A company wants to forecast its demand using the Simple Moving Average. If the...
1) i) A company wants to forecast its demand using the Simple Moving Average. If the company uses following FOUR prior yearly sales values, which of the following is the Simple Moving Average forecast for Year 5? Year Demand 1 100 2 120 3 140 4 210 a) 100.5 b) 142.5 c) 145.3 d) 155.0 e) None of the above iI) We have taken four (4) samples of hundred (100) letters each from a typing pool and found the following...
Ch8-A For data of weekly returns (in %) of Google stock given here, forecast the return for the w...
Ch8-A For data of weekly returns (in %) of Google stock given here, forecast the return for the week of March 5, 2017 as follows. [Note: Express your forecasts in % rounded to to 2 decimal places (eg, 3.23%), and express the MSE's and MAE rounded to 5 decimal places (e.g., 0.00073).] (a) Use a 3-week moving average and find the MSE and MAE. (b) Use exponential smoothing with alpha value 0.3 and compute the error measures (c) Now using...
If you made a forecast for Week 8, based on a 4 Week simple moving average,...
If you made a forecast for Week 8, based on a 4 Week simple moving average, how much would your forecast be different from the actual jobless claims? Week Jobless claims in thousands 400 393 В 392 4 396 15 1404 16 385 7 368 18 366 18 19 |10 |11 12 355 113 14 15 116 1351 117 18 19 17 353 18 351 19 217.56 495.06 22.25 None of the stated answers are correct. 14.75
Using the data below, what is the weighted moving average forecast for the 4th week? The...
Using the data below, what is the weighted moving average forecast for the 4th week? The weights are 20,30.50 (oldest period to most recent period) Week Time Series Value 17.00 17.00 7.00 20.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below and the SES forecast 00.3, what is the error for the 3rd week? Week Time Series Value 6.00 19.00 17.00 23.00 Submit
The actual values for 12 periods (shown in order) are: Period Data 1 45 2 52...
The actual values for 12 periods (shown in order) are: Period Data 1 45 2 52 3 48 4 59 5 55 6 55 7 64 8 58 9 73 10 66 11 69 12 74 In Excel, create forecasts for periods 6-13 using each of the following methods: -------- -5 period simple moving average; Using a 5 period simple moving average, the forecast for period 13 will be: 68 -4 period weighted moving average (0.63, 0.26, 0.08, 0.03); Using...
If you made a forecast for Week 19, based on a 3 week weighted moving average,...
If you made a forecast for Week 19, based on a 3 week weighted moving average, with oldest data to most recent data weighted 0.20, 0.30, and 0.50, respectively, how much would your forecast be different from the actual jobless claims? Week Jobless claims (in thousands) 1 400 2 393 3 392 4 396 5 404 6 385 7 368 8 366 9 387 10 375 11 402 12 355 13 379 14 373 15 361 16 351 17 353...
Need help with #2. The data set mentioned is the numbers that are provided. 7.pdf Get Homework Help With Chege + × Homework%20%237.pdf Does the three-month or four-month moving average provide more ac...
Need help with #2. The data set mentioned is the numbers that
are provided.
7.pdf Get Homework Help With Chege + × Homework%20%237.pdf Does the three-month or four-month moving average provide more accurate d) forecasts based on MSE? What is the forecast for the next month using the better forecasting method e) you decided in part d)? Problem 13 on Page 822. The values of Alabama building contracts (in Smillions) for a 12-month period follow. 240 350 230 260 280...
Examples 1,2,3
1. Beyond Tea Inc. wants to forecast sales of its menthol green
tea. The company is considering either using a simple mean or a
three-period moving average to forecast monthly sales. Given sales
data for the past 10 months use both forecasting methods to
forecast periods 7 to 10 and then evaluate each. Which method
should they use? Use the selected method to make a forecast for
month 11. (Show all calculations .... Please read Examples1, 2, 3...
omework Consider the following time series data Month 1 2 3 4 5 6 7 Value 21 14 18 13 18 21 14 a. Which of the following is a correct time series plot for this data? や" -Select your answer- What type of pattern exists in the data? -select your answer- b. Develop the three-month moving average forecasts for this time series. Compute MSE and a forecast for month 8 (to 2 decimals if necessary). Enter negative values as...
9:14 NAME: Please show work. following forecast models, what can be donc? Simple moving average: Naive method: 2. While monitoring the forecast values, the tracking signals are consistently coming out as large negative numbers (ie 3.5,-5.9,-7.8) What does this mean? s Given the actual data as below, what is the forecast for period 6, using a four-period weighted moving average with weights of.1,2,3 and 4 (greater weight towards more recent time)? Show work 4. Actual demand for the last four...
Ch8-A For data of weekly returns (in %) of Google stock given here, forecast the return for the week of March 5, 2017 as follows. [Note: Express your forecasts in % rounded to to 2 decimal places (eg, 3.23%), and express the MSE's and MAE rounded to 5 decimal places (e.g., 0.00073).] (a) Use a 3-week moving average and find the MSE and MAE. (b) Use exponential smoothing with alpha value 0.3 and compute the error measures (c) Now using...
If you made a forecast for Week 8, based on a 4 Week simple moving average, how much would your forecast be different from the actual jobless claims? Week Jobless claims in thousands 400 393 В 392 4 396 15 1404 16 385 7 368 18 366 18 19 |10 |11 12 355 113 14 15 116 1351 117 18 19 17 353 18 351 19 217.56 495.06 22.25 None of the stated answers are correct. 14.75
Using the data below, what is the weighted moving average forecast for the 4th week? The weights are 20,30.50 (oldest period to most recent period) Week Time Series Value 17.00 17.00 7.00 20.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below and the SES forecast 00.3, what is the error for the 3rd week? Week Time Series Value 6.00 19.00 17.00 23.00 Submit
Need help with #2. The data set mentioned is the numbers that
are provided.
7.pdf Get Homework Help With Chege + × Homework%20%237.pdf Does the three-month or four-month moving average provide more accurate d) forecasts based on MSE? What is the forecast for the next month using the better forecasting method e) you decided in part d)? Problem 13 on Page 822. The values of Alabama building contracts (in Smillions) for a 12-month period follow. 240 350 230 260 280...
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