a. Make an exponential smoothing forecast for periods 2 through 5 with 2 values of alpha, 0.05

Question:

a. Make an exponential smoothing forecast for periods 2 through 5 with 2 values of alpha, 0.05 and 0.60, and an assumed forecast for period 1 of 30.

b. Compute the MAD for each of the above forecasts.

c. Which value of alpha will you choose?

Period	1	2	3	4
Data	32	14	41	30

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

See More Books

Question Posted: Jul 31, 2015 09:00 AM

See More Questions

Develop a single exponential smoothing forecast for Periods 2 through 9, using the data below. Each time you develop a forecast, round your answer off to a whole number (ex. -2012.6 = 2013.) Use a...
Calculate an exponential smoothing forecast for periods 2-8 using = 0.3 and an initial forecast for period 1 of 22.
Given the following data: Period 1 2 3 4 5 6 7 8 9 Gross Requirements 70 30 90 30 80 20 90 60 80 The beginning inventory is 0 and there are no scheduled receipts. The order cost is $90 and the...
The Goodson Company manufactures four different products that it ships to customers throughout Canada. Delivery times are not a driving factor in the decision as to which type of carrier to use...
Start with the joint distribution of treatment group and response in Table 3.6 on page 138. For each treatment group, compute the conditional distribution of response given the treatment group. Do...
Which of the widely accepted standards should Program Managers refer to when planning for climate adaptation?
A hospital operating room needs to schedule three knee surgeries and two hip surgeries in a day. We denote a knee and hip surgery as $k$ and $h$, respectively. The number of possible sequences of...
The Delmar Beverage Co. produces a premium root beer that is sold throughout its chain of restaurants in the Midwest. The company is currently producing 4,000 gallons of root beer per day, which...
The figure shown gives the position of a car moving in the x-direction as a function of time, x(t). Four times are marked by blue squares and labeled A - D. For which times is the acceleration of the...
Hammerhead Paper Company owns a press used in the production of fine paper products. The press originally cost $2,000,000, and it has a current carrying amount of $1,200,000. A decrease in the demand...
Gary Fisher owns five successful health clubs. He believes that he can put a health club in a new community that currently has no such facility. His research indicates that communities such as this...
Develop a linear regression equation to predict future demand from the following data: a. Write the regression equation. b. Predict demand for 2015. c. Name the independent variable. d. Name the...
Water flows through a pipe, splits into two parallel pipes, and then the fluids mix into another single pipe, as in Figure 19.7(b). All piping is commercial steel. The equivalent length of Branch 1...
The "pizza connection" refers to the observation that in a major city, the cost of a slice of pizza is always about the same as the subway fare. Using the CPI values from the table shown below and...
Consider the random walk process given by Y = Yt-1 + t, where &+ is a white noise process with variance given by the constant 8. Under the assumption that all observations of Y, and & prior to...
Consider the following code written below: public interface A{ public String STR = "BCS2143"; public boolean number (int num); public String setUpperCase (String str); } public class B{} public class...
How to Compute the unrecognized fair-value gains and losses of the bank's total assets, total liabilities and equity during each year?
1) Write a function named "Countstr" that operates over a list which includes a series of strings. The function takes a string and outputs the number of occurrences of that string in the given list....
The block of weight W is released from rest at A and slides down the smooth circular surface AB. It then continues to slide along the horizontal rough surface until it strikes the spring. Determine...
Calculate the number of neutrons of 239Pu.
Interact Systems, Inc., has developed software tools that help hotel chains solve application integration problems. Interacts application integration server (AIS) provides a two-way interface between...
What are the five Cs of credit analysis?
What is meant by venture banks? How do they differ from traditional commercial banks?
Write the feature of Super's Career Development Assessment and Counseling (C-DAC) system?
Describe one type of role-play technique you could use in a specific group setting. Explain who would benefit from this technique and why. Toseland, R. W., & Rivas, R. F. (2017). An introduction to...
Suppose that a manager is following a base stock policy where the optimal inventory position is 10. Assume the component lead time is 2 days. At the end of day 1, there is no ordered units yet to be...

a. Make an exponential smoothing forecast for periods 2 through 5 with 2 values of alpha, 0.05

Question:

Step by Step Answer:

a b MAD 931 and 1342 c 005 because it provides the lowes...View the full answer

Entrepreneurial Finance

Students also viewed these Finance questions