Sales have been 80, 82, 88, 84, 89, and 85 during the last six weeks. The...
Sales have been 80, 82, 88, 84, 89, and 85 during the last six weeks. The naïve forecast for next period is
Homework Answers
Answer: 85
Explanation:
Naïve forecasting approach assumes that the demand in the next period will be equal to the demand in the most recent period. In the given data, the demand in the most recent week is 85. Hence the naïve forecast for next period will be 85.
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Sales have been 80, 82, 88, 84, 89, and 85 during the last six weeks. The...
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Monthy Proportion of On Tme Payments 80 82 84 83 83 84 85 84 82 83...
Monthy Proportion of On Tme Payments 80 82 84 83 83 84 85 84 82 83 84 83 Calculate the following for a 3-month moving average forecast; round each to 2 decimal places: a. MFE b. MAE c. MSE d. MAPE
weight of 30 people: 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92,...
weight of 30 people:
81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 95, 96,
97, 98, 99, 100, 101, 102, 103, 104, 105, 106, 107, 108, 109,
110
screenshot of matlab is needed, please and thank you
Create your own data that represents the weight of 30 people.Test the null hypothesis that the data comes from a normal distribution with mean mu = 70 and standard deviation sigma = 8. Hint: use the “ztest"...
46. Consider the sales for six consecutive weeks for Sam’s Strawberries. The sales are in “flats”...
46. Consider the sales for six consecutive weeks for Sam’s Strawberries. The sales are in “flats” sold. Week Sales 1 16 2 18 3 14 4 10 5 20 6 22 I just need the answer of E . E problem a. Using a moving average with AP = 3, forecast the sales for weeks four through six. What is the forecast for week 6? 14.7 b) Use...
3.13 pts Question 23 During the past three weeks sales of a product have been as...
3.13 pts Question 23 During the past three weeks sales of a product have been as follows: Sales 71 70 69 Week 2 3 Use exponential smoothing with a smoothing constant of 0.10 to forecast sales for week 3. O 71.60 O 70.71 71.00 ○ 69.95 70.90
The details of the hard drive sales for the past 6 weeks are shown in the...
The details of the hard drive sales for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. You have been told to use 2 period weighted moving average estimation technique to help in forecasting the needs for next week. (k =2 with weights 0.8, 0.2) Week Units sold 88 44 54 65 572 6 85 You are being asked to help forecast for week 7,...
Weekly sales of the Weber Dicamatic food processor for the past ten weeks have been: Week...
Weekly sales of the Weber Dicamatic food processor for the past ten weeks have been: Week Sales Week Sales 1 980 6 990 2 1040 7 1030 3 1120 8 1260 4 1050 9 1240 5 960 10 1100 Determine, on the basis of minimizing the mean square error, whether a three-period or four-period simple moving average model gives a better forecast for this problem.
Enrollment in a particular class for the last six semesters had been 20, 30, 50, 40,...
Enrollment in a particular class for the last six semesters had been 20, 30, 50, 40, 80 and 60. Develop a forecast of enrollment next semester using exponential smoothing with an alpha = 0.2 and use the naive method to start the exponential smoothing process (i.e., forecast for semester 2 = 20).
1. Suppose sales for the past 6 months have been 111, 106, 118, 117, 112, and...
1. Suppose sales for the past 6 months have been 111, 106, 118, 117, 112, and 89 What is the 3-month moving average for the 4th period? (please round your answer to 1 decimal place) 2. Suppose sales for the past 6 months have been 82, 104, 107, 116, 92, and 116 Using a smoothing coefficient of 0.5, what is the exponentially smoothed value for the 3rd period? (please round your answer to 1 decimal place) 3. Suppose...
4) The employees of Able Company have worked the last two weeks of Year 1, but...
4) The employees of Able Company have worked the last two weeks of Year 1, but the employees salaries have not been paid or recorded as of December 31, Year 1. The adjusting entry that Able should make to accrue these unpaid salaries on December 31, Year I is: Ardebit to Salaries Expense and credit to Salaries Payable. B) no entry is required until the employee is paid next period. C) debit to Salaries Payable and credit to Salaries Expense....
Pitcher 1
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87
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weight of 30 people:
81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 95, 96,
97, 98, 99, 100, 101, 102, 103, 104, 105, 106, 107, 108, 109,
110
screenshot of matlab is needed, please and thank you
Create your own data that represents the weight of 30 people.Test the null hypothesis that the data comes from a normal distribution with mean mu = 70 and standard deviation sigma = 8. Hint: use the “ztest"...
3.13 pts Question 23 During the past three weeks sales of a product have been as follows: Sales 71 70 69 Week 2 3 Use exponential smoothing with a smoothing constant of 0.10 to forecast sales for week 3. O 71.60 O 70.71 71.00 ○ 69.95 70.90
The details of the hard drive sales for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. You have been told to use 2 period weighted moving average estimation technique to help in forecasting the needs for next week. (k =2 with weights 0.8, 0.2) Week Units sold 88 44 54 65 572 6 85 You are being asked to help forecast for week 7,...
4) The employees of Able Company have worked the last two weeks of Year 1, but the employees salaries have not been paid or recorded as of December 31, Year 1. The adjusting entry that Able should make to accrue these unpaid salaries on December 31, Year I is: Ardebit to Salaries Expense and credit to Salaries Payable. B) no entry is required until the employee is paid next period. C) debit to Salaries Payable and credit to Salaries Expense....
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