Question: Exponential Smoothing Method - Time Series Yt For Yt, having used three-month data covering the period between 2016 and 2020. under the assumption that bo=0,

Exponential Smoothing Method - Time Series Yt

Exponential Smoothing Method - Time Series Yt For

For Yt, having used three-month data covering the period between 2016 and 2020. under the assumption that bo=0, So=y4, and initial values of seasonal factors are 1, A=0.1, B=0.2, C=0.3, and the year 2020 obtained by using Winter's three parameter linear exponential smoothing method. The results are given in the table below. Using the information in the table, quarterly predict the values for Yt time series for 2021. (Solution should be uncovered without benefiting from Microsoft Excel, instead it should be found step-by-step) Period 2020:01 2020:22 2020:Q3 2020:04 t 17 18 19 20 Y 484 384 330 497 S 276.05 295.23 308.94 327.68 F 1.54 1.18 1.10 1.42 b 14.27 15.25 14.94 15.70

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!

For Y., using three-month data covering the period between 2016 and 2020, under the assumption that bo=0, S=y4, and initial values of seasonal factors are 1, A=0.1, B=0.2, and C=0.3. The year 2020...

I have questions on "Chapter 17 Time Series Analysis and Forecasting. The questions is in the attachment; that are problem number 29 and 30 (it is on last three pages, not the multiple choice...

CHAPTER 17TIME SERIES ANALYSIS AND FORECASTING MULTIPLE CHOICE 1. Which of the following is not present in a time series? a. seasonality b. operational variations c. trend d. cycles ANS: B PTS: 1...

(Linear Exponential Smoothing - Time Series Please solve ORIGINAL and Step by Step) For Yt having used three-month data covering the period between 2016 and 2020, under the assumption that bo=0, S0 =...

Market Demand Forecast Method Selection and Application: A Case Study in Hero MotoCorp Ltd. D K Choudhury Abstract: In this dynamic era, the market is very competitive and the demand for a product...

Assignment #5: Time Series Analysis Simple Moving Average E(most recent k data values) List-k+1 Vi = _yt -k+ 1 + ."+yt-1+yt yt+1 k k k where "t+1 = forecast of the time series for period t + 1 yt =...

The three major types of forecasts used by organizations in planning future operations are: A) strategic, tactical, and operational. B) economic, technological, and demand. C) exponential smoothing,...

The diagram shows a simplified household circuit. Resistor R1 = 240.0 Î© represents a light bulb; resistor R2 = 12.0Î© represents a hair dryer. The resistors r =...

New parents wish to save for their newborn's education and wish to have $52,000 at the end of 19 years. How much should the parents place at the end of each year into a savings account that earns an...

Net income$ 4 , 0 0 0 $ 1 0 0 , 0 0 0 $ 7 2 , 0 0 0 Depreciation expense 3 0 , 0 0 0 8 , 0 0 0 2 4 , 0 0 0 Accounts receivable increase ( decrease ) 4 0 , 0 0 0 2 0 , 0 0 0 ( 4 , 0 0 0 ) Inventory...

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...