Using the data below, what is the weighted moving average forecast for the 4th week? The...
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.
Using the data below, what is the simple exponential smoothing forecast for the 4th week where a=0.4? Week Time Series Value 6.00 4.00 3.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below, what is the value of MSE? Month Actuals Forecast 4.00 8.00 4.00 5.00 Submit Answer format: Number: Round to: 2 decimal places.
Using the data below and the SES forecast a=0.3, what is the error for the 3rd week? Week Time Series Value 12.00 13.00 20.00 5.00 Submit Answer format: Number: Round to: 1 decimal places.
Using the data below, calculate the bias based on using the naive forecast method. Week Time Series Value 6.00 21.00 6.00 15.00 Submit Answer format: Number: Round to: 1 decimal places. Using the data below, what is the value of RMSE? Week Time Series Value Forecast 8.00 2.00 8.00 5.00 Submit Answer format: Number: Round to: 2 decimal places.
1. Given the data below, compute for the following: a) Forecasts for P5 to P12 using a 4-period simple moving average b) Forecasts for P5 to P12 using a 4-month weighted moving average with the following weights: Most recent period =0.40 2nd most recent period = 0.30 3rd most recent period = 0.20 4th most recent period = 0.10c) Assuming a forecast of 5,000 units for Period 4 and a = 0.30, compute for the forecasts for P5 to P12. d) Using linear trend forecasting, determine the: - equation...
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...
Using the data below, what is the value of MSE? Week Time Series Value Forecast 1 7 5.00 2 5 8.00 3 4 8.00 4 3 3.00 Answer Format: Number: Round to: 2 decimal places.
Using the data below and the SES forecast α=0.3 , what is the error for the 3rd week?WeekTime Series Value111.00225.00322.0046.00
"The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.45 and 0.55 = __ miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)" Score: 0 of 1 pt 3 of 5 (1 complete) HW Score: 0%, 0 of 5 pts Problem 4.5 Question Help The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to...
observation, and 1/6 for the third most recent observation, compute a three-week weighted moving average for the time series. 2. a. Using a weight of 1/2 for the most recent observation, 1/3 for the second most recent Error Forecast Sales Week 17 21 19 23 18 16 20 18 10 20 15 12 b. Compute the MSE for the weighted moving average in part (a) MSE - c. Do you prefer this weighted moving average to the unweighted moving average...