Question: Period / Demand 1 / 220 2 / 220 3 / 240 4 / 180 5 / 200 Q1: What is the forecast for period

Period / Demand 1 / 220 2 / 220 3 / 240 4 / 180 5 / 200 Q1: What is the forecast for period 6 if we are using a four period moving average forecast?

a. 200

b. 215

c. 210

d. 190

e. None of these are correct.

Q2: What is the forecast for period 6 if we are using a two period moving average forecast?

a. 220

b. 190

c. None of these are correct.

d. 200

e. 95

Q3: What is the forecast for period 6 if we are using an exponential smoothing forecast where the forecast for period 5 was 220 and alpha is 0.4?

a. None of these are correct.

b. 200

c. 208

d. 212

e. 180

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!

Period / Demand 1 / 220 2 / 220 3 / 240 4 / 180 5 / 200 Q1: What is the forecast for period 6 if we are using a four period moving average forecast? a. 200 b. 215 c. 210 d. 190 e. None of these are...

Question 4 1 pts Given the demand below, compute a 4-period weighted moving average forecast for period 5 using a weight of 0.25 for the most recent period, 0.25 for the next, and 0.25 for the next....

Given the following data on the number of cups of night crawlers sold at a local bait shop for a 6-period time frame: Period Demand 1 225 2 230 3 240 4 255 5 280 6 310 a. Use a 3-period moving...

Given the following data on the number of pints of ice cream sold at a local ice cream store for a 10-period time frame: Period Demand 1 200 2 245 3 240 4 300 5 280 6 340 7 320 8 340 9 320 10 360 Use...

Given the following data on the number of cups of night crawlers sold at a local bait shop for a 6 - period time frame: Period Demand 1 2 2 5 2 2 3 0 3 2 4 0 4 2 5 5 5 2 8 0 6 3 1 0 Use a 2 - period...

Given the following data on the number of cups of night crawlers sold at a local bait shop for a 6 - period time frame: Period Demand 1 2 2 5 2 2 3 0 3 2 4 0 4 2 5 5 5 2 8 0 6 3 1 0 Use a 3 - period...

Give the below demand, what is the Simple Moving Average 2-period forecast for period 5? Period Demand 1 170 2 100 3 150 4 200 200 175 150 None of the above

The University of Southern Mississippi College of Science & Technology IET 670 Section: G001 Supply Chain Design & Management Midterm Exam Full Points: 100 Student ID: Name: Closed book closed notes...

42. Period Demand 1 100 2 150 3 220 4 175 5 180 6 What is the 4 period moving average forecast for month 6? Group of answer choices 161 181 192 175 43. Period Demand 1 100 2 150 3 220 4 175 5 180 6...

Problem 3 - Quarterly demand of a spare part for a certain aircraft engine during the last two years (in sequence) is 250, 200, 180, 190, 225, 285, 305, and 190. Determine the forecasts for periods 3...

Since partnerships are typically private organizations, they are not required to issue financial that are in conformity with GAAP. What are some of the more prominent departures from GAAP? What does...

Journalize the employer's payroll tax expense for the pay period ending EMPLOYEE NAME Austen, Kate Cortez, Ana Lucia Ford, James Hume, Desmond Locke, John Pace, Charlie Reyes, Hugo Shephard, Jack...

What assertion is being tested as an auditor performs testing of internal controls?

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...