If the forecast for February was 122 and actual demand was 135, what would be the forecast

Question:

If the forecast for February was 122 and actual demand was 135, what would be the forecast for March if the smoothing constant (a) is 0.15? Use exponential smoothing for your calculation.

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

Step by Step Answer:

Related Book For answer-question

Introduction To Materials Management

ISBN: 978-9386873248

8th edition

Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen

See More Books

Question Posted: Jun 25, 2019 09:13 AM

See More Questions

Using the data in problem 8.9, if the forecast for next year is 800, calculate the forecast for first quarterly demand next year. In Problem 8.9 If the average demand for the first quarter was 140...
If the actual demand for April was 1440 units and the seasonal index was 2.5, what would be the deseasonalized April demand?
If purchases were 45% of sales and other expenses were 45% of sales, what would be the increase in profit if, through better purchasing, the cost of purchases was reduced to 43% of sales?
To anticipate subsequent chapters where more complicated renewable resource models are introduced, consider a slight modification of the two-period depletable resource model. Suppose a biological...
Draw the structures and name the four constitutional isomers with molecular formula C4H9 Br.
Let L and M be subfields of F and LM their composite. (a) If K L M and M = K(S) for some S M, then LM = L(S). (b) When is it true that LM is the set theoretic union L M? (c) If E 1 , ... , E n...
Northern Group, Inc., is a Wisconsin corporation that contracts with manufacturers and suppliers to develop marketing strategies and promotions to third-party retailers. In exchange for these...
Pettit Printing Company has a total market value of $100 million, consisting of 1 million shares selling for $50 per share and $50 million of 10 percent perpetual bonds now selling at par. The...
AVC Company sold 250 units on account for $ 1 comma 100 each. The standard cost of each unit is $ 800. Under a justminusinminustime costing system, the journal entries that are recorded for the 250...
A financial institution has hired three external portfolio managers: X, Y, and Z. All three managers have the same benchmark. A performance attribution analysis of the portfolios managed by the three...
Over the past three months, the demand for a product has been 255, 219, and 231. Calculate the three-month moving average forecast for month 4. If the actual demand in month 4 is 228, calculate the...
If the old forecast is 100 and the latest actual demand is 83, what is the exponentially smoothed forecast for the next period? Alpha is 0.25.
What is the rate of change of the area of a circle (A = r 2 ) with respect to the radius when the radius is r = 3?
Choose the correct description of the punctuation in the sentence. (The sentence is correctly punctuated.) I want to see the sights and hear the sounds; nevertheless, I'll stay away from Vesuvius. a....
You are the Senior IT Consultant and prepare flow charts for the following following security operation management functions in your organization. Briefly describe the actions carried out in each...
Which one of the following is an advantage of the Layered OS structure? O a. It was well received by customers. O b. It is more reliable to use and easier to develop, debug, and update. O c. It tends...
how will you Extract relevant features from multimodal data using techniques like CNN or pre - trained models ( ( e . . g . , . , VGG 1 6 , 1 6 , ResNet ) ) in fake news detection using NLP
E xplain Java Class / / Method. Can you say for exapmle that: "public BallPanel ( ( int width, int height ) " ) " is a Method in the "Class BallPanel"?
Refer to the information for Saludable Inc. above. Saludable Inc. produces a freeze-dried kale powder. Drying is the first department, and its output is measured in pounds. Saludable uses the FIFO...
A local politician is concerned that a program for the homeless in her city is discriminating against blacks and other minorities. The following data were taken from a random sample of black and...
What is the most significant cause of species endangerment and extinction?
How can an invasive species endanger native species?
Is restoration ecology an important aspect of in situ or ex situ conservation?
Constant growth valuation Thomas Brothers is expected to pay a $3.7 per share dividend at the end of the year (that is, D1 = $3.7). The dividend is expected to grow at a constant rate of 3% a year....
Beck Construction Company began work on a new building project on January 1, 2023. The project is to be completed by December 31, 2025, for a fixed price of $117 million. The following are the actual...
Betty earns $20 per hour. She works 40 hours per week. She gets paid bi-weekly. How much money should Betty get paid per year before any required deductions? Show your calculations.

If the forecast for February was 122 and actual demand was 135, what would be the forecast

Question:

Step by Step Answer:

Forecast ...View the full answer

Introduction To Materials Management

Students also viewed these Earth sciences questions