Problem 3-3 A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant....
Problem 3-3
|
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 80 percent of capacity; actual usage was 81 percent of capacity. A smoothing constant of 0.3 is used. |
| a. |
Prepare a forecast for September. (Round your final answer to 2 decimal places.) |
| Forecast for September | percent of capacity |
| b. |
Assuming actual September usage of 82 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.) |
| Forecast for October | percent of capacity |
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Problem 3-3
A dry cleaner uses exponential smoothing to forecast equipment
usage at its main plant....
omework Help Problem 3-3 A dry cleaner uses exponential smoothing to forecast equipment usage at its...
omework Help Problem 3-3 A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 45 percent of capacity, actual usage was 52 percent of capacity A smoothing constant of 05 is used. o. Prepare a forecast for September (Round your final answer to 2 decimal places.) Forecast for September percent of capacity b. Assuming actual September usage of 52 percent, prepare a forecast for October usage. (Round your answer to...
Adry cleaner uses exponential smoothing to forecast couipment usage at its main plant dry usage was...
Adry cleaner uses exponential smoothing to forecast couipment usage at its main plant dry usage was forecast to be 9096 and actual usage was 95% of capacity. A smoothing constant of 0.1 is in use. 1) Prepare a forecast for February m) Assuming actual February usage was 97%, prepare a forecast for March usage
Please help. Im stuck on the exponential smoothing part of this problem. Here are the actual...
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need help with the 3rd part Lenovo uses the ZX-81 chip in some of its laptop...
need help with the 3rd
part
Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month January February March April May June Price Per Chip $1.90 $1.61 $1.60 $1.85 $1.90 $1.95 Month July August September October November December Price Per Chip $1.80 $1.85 $1.60 $1.57 $1.62 $1.75 This exercise contains only part d. With a = 0.1 and the initial forecast for October of $1.83,...
An analyst is using exponential smoothing to forecast the daily demand for a key product. The...
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Using exponential smoothing with α = 0.2, if the forecast for Period 5 was 270 and...
Using exponential smoothing with α = 0.2, if the forecast for Period 5 was 270 and the actual for Period 5 was 250, what is your forecast for Period 6? Round your answer to one decimal place.
Assume that your stock of sales merchandise is maintained based on the forecast demand. If the...
Assume that your stock of sales merchandise is maintained based on the forecast demand. If the distributor's sales personnel call on the first day of each month, compute your forecast sales by each of the three methods requested here. ACTUAL June 154 July 194 August 225 a. Using a simple three-month moving average, what is the forecast for September? (Round your answer to 2 decimal places.) b. Using a weighted moving average, what is the forecast for September with weights...
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The following table gives the number of pints of type A blood used at Damascus Hospital...
The following table gives the number of pints of type A blood
used at Damascus Hospital in the past 6 weeks:
The following table gives the number of pints of type A blood
used at Damascus Hospital in the past 6 weeks:
The following table gives the number of pints of type A blood
used at Damascus Hospital in the past 6 weeks:
a) The forecasted demand for the week of October 12 using a
3-week moving average =_________ pints...
Using the data below, what is the simple exponential smoothing forecast for the 3rd week where...
Using the data below, what is the simple exponential smoothing forecast for the 3rd week where a=0.3? Week Time Series Value 2.00 8.00 6.00 3.00 Submit Answer format: Number: Round to: 1 decimal places Based on the data below for chocolate demand per week and using the naive forecasting method, how much you should order for 5th week? Week Time Series Value 15.00 14.00 23.00 6.00 Submit Answer format: Number: Round to: O decimal places.
omework Help Problem 3-3 A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 45 percent of capacity, actual usage was 52 percent of capacity A smoothing constant of 05 is used. o. Prepare a forecast for September (Round your final answer to 2 decimal places.) Forecast for September percent of capacity b. Assuming actual September usage of 52 percent, prepare a forecast for October usage. (Round your answer to...
Adry cleaner uses exponential smoothing to forecast couipment usage at its main plant dry usage was forecast to be 9096 and actual usage was 95% of capacity. A smoothing constant of 0.1 is in use. 1) Prepare a forecast for February m) Assuming actual February usage was 97%, prepare a forecast for March usage
need help with the 3rd
part
Lenovo uses the ZX-81 chip in some of its laptop computers. The prices for the chip during the last 12 months were as follows: Month January February March April May June Price Per Chip $1.90 $1.61 $1.60 $1.85 $1.90 $1.95 Month July August September October November December Price Per Chip $1.80 $1.85 $1.60 $1.57 $1.62 $1.75 This exercise contains only part d. With a = 0.1 and the initial forecast for October of $1.83,...
The following table gives the number of pints of type A blood
used at Damascus Hospital in the past 6 weeks:
The following table gives the number of pints of type A blood
used at Damascus Hospital in the past 6 weeks:
The following table gives the number of pints of type A blood
used at Damascus Hospital in the past 6 weeks:
a) The forecasted demand for the week of October 12 using a
3-week moving average =_________ pints...
Using the data below, what is the simple exponential smoothing forecast for the 3rd week where a=0.3? Week Time Series Value 2.00 8.00 6.00 3.00 Submit Answer format: Number: Round to: 1 decimal places Based on the data below for chocolate demand per week and using the naive forecasting method, how much you should order for 5th week? Week Time Series Value 15.00 14.00 23.00 6.00 Submit Answer format: Number: Round to: O decimal places.
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