Question: 0.2 Year Absolute Deviation Alpha= Quarter Profit ($1,000) Exponential Smoothing 1 1 64 1 2 72 1 3 102 1 4 71 2 1 69

0.2 Year Absolute Deviation Alpha= Quarter Profit

0.2 Year Absolute Deviation Alpha= Quarter Profit ($1,000) Exponential Smoothing 1 1 64 1 2 72 1 3 102 1 4 71 2 1 69 2 2 64 2 3 112 2 4 76 3 1 59 3 2 82 3 3 99 3 4 79 4 1 ? MAD Q2: The quarterly profits (in thousands of dollars) for Dosunmu, Inc., headquartered in Casey IL, about 80 miles southeast of Urbana-Champaign, are listed in the table above. (20 points) a. Please calculate the forecast for profit in year 4, quarter 1, using Exponential Smoothing with alpha = 0.2, and provide your answer in bold in the orange highlighted cell. (10 points) b. Please calculate the mean absolute deviation (MAD) for the forecast calculated in sub question 2a. Please provide your answer in bold in the blue highlighted cell. PLEASE DO NOT FORGET TO ANSWER THE FIRST SET OF QUESTIONS IN THE PREVIOUS EXCEL TAB

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

PlEASE INCLUDE EXCEL FORUMLA'S USED 0.2 Year Absolute Deviation Alpha= Quarter Profit ($1,000) Exponential Smoothing 1 1 64 1 2 72 1 3 102 1 4 71 2 1 69 2 2 64 2 3 112 2 4 76 3 1 59 3 2 82 3 3 99 3 4...

0.2 Year Absolute Deviation Alpha= Quarter Profit ($1,000) Exponential Smoothing 1 1 64 1 2 72 1 3 102 1 4 71 2 1 69 2 2 64 2 3 112 2 4 76 3 1 59 3 2 82 3 3 99 3 4 79 4 1 ? MAD Q2: The quarterly...

0.3 Year Absolute Deviation Alpha= Quarter Profit ($1,000) Exponential Smoothing 1 1 45 1 2 51 1 3 72 1 4 50 2 1 49 2 2 45 3 79 4 54 3 1 42 3 2 58 3 3 70 3 4 56 4 1 ? MAD NN Q2: The quarterly profits...

The Fresh Detergent Case Enterprise Industries produces Fresh, a brand of liquid detergent. In order to more effectively manage its inventory, the company would like to better predict demand for...

Problem 12-6 (Algo) Assume that you are the production manager for Fast Current Kayaks of Washington State One of the products that you make and sell is the "Fast Current sea touring kayak paddle You...

Assume that you are the production manager for Fast Current Kayaks of Washington State. One of the products that you make and sell is the "Fast Current" sea touring kayak paddle. You are responsible...

The following is a case based question for operational management. I am having some trouble with this case and was wondering if anyone may assist me. If its not too much trouble could someone show me...

ANALYTICS EXERCISE: FORECASTING SUPPLY CHAIN DEMANDSTARBUCKS CORPORATION (LO32) As we discussed at the beginning of the chapter, Starbucks has a large, global supply chain that must efficiently...

Hello can you please show the example using excel? Starbucks has a large, global supply chain that must efficiently supply over 17,000 stores. Although the stores might appear to be very similar,...

Starbucks has a large, global supply chain that must efficiently supply over 17,000 stores. Although the stores might appear to be very similar, they are actually very different. Depending on the...

The table below illustrates the growth in worldwide Internet use. Year, x Number of Internet Users Worldwide, y (in millions) 2001, 0 ............................................... 495 2002, 1...

Assume that the default probability for a company in a year, conditional on no earlier defaults is and the recovery rate is . The risk-free interest rate is 5% per annum. Default always occur half...

Managerial accounting is used by managers to Enerate and andyze relevant information to support manaers" stratred decision making. focus on pay reudis to aid in decision making for manalers. declde...

What is an example of constructive feedback? provide reference