What effect did the smoothing constant have on the forecast for Cool-Man air conditioners? Which smoothing constant
Question:
What effect did the smoothing constant have on the forecast for Cool-Man air conditioners? Which smoothing constant gives the most accurate forecast?
Data from
Sales of Cool-Man air conditioners have grown steadily during the past 5 years:
Transcribed Image Text:
YEAR SALES 450 2 495 518 563 584 6.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Actual a 03 Absolute a 06 Absolute a 09 Absolute Y...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Quantitative Analysis for Management
ISBN: 978-0132149112
11th Edition
Authors: Barry render, Ralph m. stair, Michael e. Hanna
Question Posted:
Students also viewed these Statistics questions
-
What are collateralized debt obligations and what effect did they have on the credit crunch?
-
What effect did the Jobs and Growth Tax Relief Reconciliation Act of 2003 have on the taxation of corporate dividends? On corporate dividend payouts?
-
What effect did the expansion have on sales and net income? What effect did the expansion have on the asset side of the balance sheet? What effect did it have on liabilities and equity?
-
What does a SWOT analysis reveal about the overall attractiveness of lululemon's situation?
-
A General Power bond carries a coupon rate of 8%, has 9 years until maturity, and sells at a yield to maturity of 7%. (Assume annual interest payments.) a. What interest payments to bondholders...
-
What is an embedded system?
-
For the balance sheet for Bethesda Imaging, shown in Table 2.6, identify three financial ratios that might be of interest to an investor in the company. What do the 5 -year trends for the ratios...
-
The weight of turkeys is normally distributed with a mean of 22 pounds and a standard deviation of 5 pounds. a. Find the probability that a randomly selected turkey weighs between 20 and 26 pounds....
-
Find the sources of finance for Netflix, Amazon prime, alt Balaji, Zee 5 and Disney hotstar .find It's capital structure, its operating leverage, financial leverage, combined leverage and company...
-
1 Sticking to the 35-word limit suggested by Collis and Rukstad in Section 1.2.3, what strategy statement would you propose for Airbnb? 2 Carry out a three-horizons analysis (Section 1.2.1) of...
-
Using smoothing constants of 0.6 and 0.9 develop forecasts for the sales of Cool-Man air conditioners. Data from Sales of Cool-Man air conditioners have grown steadily during the past 5 years: YEAR...
-
Use a three-year moving average forecasting model to forecast the sales of Cool-Man air conditioners. Data from Sales of Cool-Man air conditioners have grown steadily during the past 5 years: YEAR...
-
What are the likely effects of a policy in which a company fails to adjust for differences in risk when estimating the cost of capital for their various projects?
-
2. Write a script file that will prompt the user an arbitrary number of positive input values and will solve the harmonic mean of the numbers. Display an error message when the user input a negative...
-
Maritime Marine Company has total estimated factory overhead for the year of $1,032,700, divided into four activities: fabrication, $416,000; assembly, $182,500; setup, $146,200; and inspection,...
-
Jordan is a boat builder and owns his own business, building exclusive yachts. He is building himself a yacht and took some building materials costing $5,000 for his own use. The materials could have...
-
FIN 5515 Homework Assignment 6 For the bond problems, you should use your calculator functions to come up with the answers, but do not just put the bottom line answers when you submit the homework....
-
1. Find your future job by researching careers online. Your must pick a career that includes some time of job training, certification, or schooling. Write a 1- 2 page report about your career choice...
-
Find the area of each shaded region in Problems 1940. (Assume that given measurements are exact, and round approximate answers to the nearest tenth of a square unit.) 8 ft 10 ft
-
Evaluate the line integral, where C is the given curve. C x 2 dx + y 2 dy, C consists of the arc of the circle x 2 + y 2 = 4 from (2, 0) to (0, 2) followed by the line segment from (0, 2) to (4, 3)
-
A hose feeds into a small screen box of volume \(10 \mathrm{~cm}^{3}\) that is suspended in a swimming pool. Water flows across the surface of the box at a rate of \(12 \mathrm{~cm}^{3} /...
-
Describe briefly the Delphi technique.
-
What is MAD, and why is it important in the selection and use of forecasting models?
-
Explain how the number of season is determined when forecasting with a seasonal component.
-
Pharoah Company has actual sales of $54,700, flexible budget sales of $54,330, and master budget sales of $52360. Compute the sales price variance and sales activity variance (simplified) for Pharoah...
-
The first-quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2022. For the taxes, assume the second February payroll amounts were duplicated for the March 4 and March...
-
Nico issues $10 million, 6%, 5 year bonds on January 1 of FY 1. The bonds pay interest semiannually on June 30 and December 31. The effective interest or market rate is 5%. What are the bond proceeds...
Study smarter with the SolutionInn App