Question: First method should be Wnter's method or Decomposition Method Secon Method can choose of these: 1-Smple Moving Average Method 2-Exponential Smoothing Method 3-Lnear Regression Method

First method should be Wnter's method or

First method should be Wnter's method or Decomposition Method

Secon Method can choose of these:

1-Smple Moving Average Method

2-Exponential Smoothing Method

3-Lnear Regression Method

4-Holt's Method

Here is the COVID-19 DATA :

First method should be Wnter's method or

Your first homework is about COVID-19 cases. Please find some datasets of COVID-19 for world (maybe Turkey) (type of dataset is left up-to-you but you can use cumulative numbers)), then please make your forecasts for next six months in a period of weeks by using at least two methodologies (one of them should be winter's or decomposition methods and compare their forecast values. Homeworks will be prepared in a group of max 4 people (between 1-4). If you are not available to manage this project in a group, you can also submit your projects individually. Deadline is 07/05/2021 @17:00. You need to use only excel in calculations and share your excel file with sufficient explanations of your calculations, datasets, etc. via blackboard system. WEEK 1 AVERAGE WEEK 2 AVERAGE WEEK 3 AVERAGE WEEK 4 AVERAGE NOVEMBER DECEMBER JANUARY FABRUARY MARCH APRIL 2347,43 31540,71 12492,86 7713,29 11197 45249 2759,43 30444,57 9814,14 7818,14 14140,14 55876 5134,43 25377 6814,86 7462,71 19104,57 60119,14 26483,71 17023 6373,29 1023,71 27864,43 43490,71 Your first homework is about COVID-19 cases. Please find some datasets of COVID-19 for world (maybe Turkey) (type of dataset is left up-to-you but you can use cumulative numbers)), then please make your forecasts for next six months in a period of weeks by using at least two methodologies (one of them should be winter's or decomposition methods and compare their forecast values. Homeworks will be prepared in a group of max 4 people (between 1-4). If you are not available to manage this project in a group, you can also submit your projects individually. Deadline is 07/05/2021 @17:00. You need to use only excel in calculations and share your excel file with sufficient explanations of your calculations, datasets, etc. via blackboard system. WEEK 1 AVERAGE WEEK 2 AVERAGE WEEK 3 AVERAGE WEEK 4 AVERAGE NOVEMBER DECEMBER JANUARY FABRUARY MARCH APRIL 2347,43 31540,71 12492,86 7713,29 11197 45249 2759,43 30444,57 9814,14 7818,14 14140,14 55876 5134,43 25377 6814,86 7462,71 19104,57 60119,14 26483,71 17023 6373,29 1023,71 27864,43 43490,71

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!

Total Quality Management (TQM) emphasizes: a) Reducing employee involvement b) Increasing defects c) Continuous improvement d) Minimizing customer feedback e) Maximizing rework The 5S methodology...

What is the primary goal of operations management? a) Maximizing sales b) Minimizing costs c) Maximizing employee satisfaction d) Maximizing advertising e) Maximizing shareholder value The 5S...

Just-in-Time (JIT) is a philosophy that aims to: a) Maximize inventory levels b) Minimize customer satisfaction c) Minimize lead times d) Maximize production batch sizes e) Minimize employee training...

Which technique is used to visually represent the flow of processes in operations management? a) Gantt chart b) Pareto chart c) Control chart d) Process flowchart e) Histogram The 5S methodology...

Total Quality Management (TQM) emphasizes: a) Reducing employee involvement b) Increasing defects c) Continuous improvement d) Minimizing customer feedback e) Maximizing rework The 5S methodology...

First method should be Wnter's method or Decomposition Method Secon Method can choose of these: 1-Smple Moving Average Method 2-Exponential Smoothing Method 3-Lnear Regression Method 4-Holt's Method...

PROBLEM 1: (70 marks) The Fowler Martial Arts Academy trains young boys and girls in self-defence. Joan Fowler, the owner of the academy, notes that monthly revenue is higher when school is in...

M7_A1. Jennifer Kelly is a WCU student who has just finished her junior year. The data in Worksheet A1 summarizes her grade point average (GPA) for each of the last 9 semesters. a) Compute the...

how to do this? comment what it is that you need more info on if you do, thanks pls just answer this 1 question, answer 1 question, method and answer also anything else needed comment, this is all,...

URGENT please help! thank you The number of heart surgeries performed at Heartville General Hospital has increased steadily over the past several years. The hospital's administration is seeking the...

YZ Ltd is a manufacturing company & has proposed a dividend @ 10% for the year 2017-18 out of the current year profits. The company earned a profit of Rs. 910 crores during 2017-18. YZ Ltd. does not...

Give an example of the 80% rule.

True or False An S Corporation is suitable for an initial public offering

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...