What data pattern would suggest the use of a Winters' exponential smoothing model?
Question:
What data pattern would suggest the use of a Winters' exponential smoothing model?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Winters exponential smooth came about when a student of Holts modified ...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Forecasting And Predictive Analytics With Forecast X
ISBN: 978-1259903915
7th edition
Authors: J. Holton Wilson, Barry Keating
Question Posted:
Students also viewed these Business questions
-
For what type of data pattern would a simple exponential smoothing model be good as a forecast method?
-
1. Is seasonal exponential smoothing the best model for forecasting Urban Run athletic wear? Why? 2. Explain what has happened to the data for Urban Run. What are the consequences of continuing to...
-
The following table contains quarterly data on Upper Midwest car sales (CS) in thousands for 1996 Q1 through 2016 Q4: Upper Midwest Car Sales (CS) Year Q1 Q2 Q3 Q4 1996 407.6 431.5 441.6 306.2 1997...
-
It is reported that 85% of Asian, 78% of white, 70% of Hispanic, and 38% of black children have two parents at home. Suppose there are 500 students in a representative school, of which 280 are white,...
-
Consider the following data for November 2015 from Grey Manufacturing Company, which makes silk pennants and uses a process costing system. All direct materials are added at the beginning of the...
-
The comparative statements of financial position for Amaral Reis SA as of December 31 are presented as follows. Additional information: 1. Operating expenses include depreciation expense of R$40,000....
-
What does it mean to say that logic is monotonic? Is propositional logic monotonic? What complexities do you think nonmonotonicity would add to the process of logical deduction? Would modus ponens...
-
Appearing below is the subsidiary ledger for the public safety department of the City of Boone. After the first month of the year, five entries have been made to the ledger. Describe the most likely...
-
Music House is a registered charity. It cares for orphans aged 0-18 years within the St. Ann area. This children's hospice is dedicated to enhancing the quality of life and providing specialist care...
-
1. What are the points of difference, or unique attributes, for GoPro products? 2. What are GoPros primary target markets? How does content marketing influence these markets? 3. Describe the new...
-
When is a Holt's exponential smoothing model most appropriate?
-
What are some methods that might be useful to forecast "new products" for which there are few historical observations?
-
Why is it not possible for a salt with the formula M 3 X (Na 3 PO 4 , for example) to have a face centered cubic lattice of X anions with M cations in octahedral holes?
-
Comment on the accuracy of the following statement and explain your answer: "Companies improve organizational citizenship only by hiring employees with the right values." Discuss this statement from...
-
Job 1 - External Auditor Job 2 - Owner of Art Training School Based on the types of task performance and citizenship behaviors one would expect to be present in each of the above job settings. List...
-
Research suggests two main categories of citizenship behaviors that differ according to who benefits from the activity Discuss Those two types and give examples.
-
Operations in group theory are actually transformation matrices. For example, in C4v, a od operation (in the plane of the paper) would be represented by a 5x5 matrix: 5 5 10 100 01 12 411 3 1 0 0 0 0...
-
As an Anthropologist, dig deeper into your examination of the organization's culture. Complete the following: Company - Lowe's Home Improvement Identify the mission and vision statement for this...
-
A consultant recently argued that the emphasis on corporate governance and social responsibility has distracted leaders from key business issues such as serving customers and beating competitors. Do...
-
The domain of the variable in the expression x 3/x + 4 is________.
-
Define the functions of marketing in your own words. Using an example, explain how they can be shifted and shared.
-
Online computer shopping at websites makes it possible for individual consumers to get direct information from hundreds of companies they would not otherwise know about. Co n sumers can place an...
-
Explain why a small producer might want a marketing research firm to take over some of its informationgathering activities.
-
John Adams plans to retire at the age of 62. He wants an annual income of $60,000 per year. John is currently 45 years of age. How much does he have to place at the beginning of each year into a...
-
Assume that four years and one month from today you plan to make the first of several annual withdrawals from an account. Your first withdrawal will equal $1000. You plan for these withdrawals to...
-
If I borrowed 15,000 in student loans at an annual interest of 7%. and then repay $1800 per year, then how long will it take me to repay the loan?
Study smarter with the SolutionInn App