Answer each question based on the given data. Year Season Time Demand DSD SF SI 2020 Winter
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Question:
Answer each question based on the given data.
Year | Season | Time | Demand | DSD | SF | SI |
2020 | Winter | 1 | 6 | |||
2020 | Summer | 2 | 3 | |||
2021 | Winter | 3 | 10 | |||
2021 | Summer | 4 | 8 | |||
2022 | Winter | 5 | ||||
2022 | Summer | 6 | ||||
2023 | Winter | 7 |
The regression equation based on a given data's CMA (N=2) is Y = 2 + X.
a. Calculate the seasonal index for the 2020 Winter (S1). S1 = _______________.
b. Forecast Winter demand for 2020 using Winter's method with Alpha =0.5, Beta =0.5, and Gamma =0.5.
c. Suppose L4 =10, T4 =3, S5 =3, and S6 =5. Forecast Summer demand for the year 2022 using Winter's model with Alpha = 0.1, Beta = 0.2, and Gamma = 0.5.
Related Book For
Linear Algebra And Its Applications
ISBN: 9781292351216
6th Global Edition
Authors: David Lay, Steven Lay, Judi McDonald
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