RAP Computers assembles computers from generic parts it purchases at discount and sells the units via phone orders it receives
RAP Computers assembles computers from generic parts it purchases at discount and sells the units via phone orders it receives from customers responding to their ads in trade journals. The business has developed an exponential smoothing forecast model to forecast future computer demand. Actual demand for their computers for the past eight months is as follows:
a. Using the measure of forecast accuracy of your choice, ascertain if the forecast appears to be accurate. b. Determine if a three-month moving average would provide a better forecast. c. Use a tracking signal to monitor the forecast in part (a) forbias.
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Month March April May Demand 120 110 150 130 160 165 140 155 Forecast Juty August September October November 120.0 116.0 129.6 129.7 141.8 151.1 146.7 150.0
a Running Cumulative Tracking Month Demand Forecast Error MAD Error Signal March 120 x x x x x x Apr…View the full answer
i have done my graduation in electronics engineering and after that done my post graduation in MBA and finally got job in one of the reputed banks as a assistant manager . also worked previously as a financial analyst in one of the renowned company.
side by side due to my interest in studies and enhancing my skills more i try to teach and update myself too with the current education criteria and available syllabus.