Question: Please answer the question below, thank you! I Use the following data to answer Questions 27 - 29. Past period Demand June 1200 July 1180

Please answer the question below, thank you!

I Use the following data to answer Questions 27 - 29. Past period Demand June 1200 July 1180 Aug 1235 Sept 1230 Oct 1198 Nov 1210 Dec 27) Using a two-month moving average, what is the forecast for December? A. 1208.8 B. 1204.0 C. 1210.0 D. 1997.2 28) Assuming a June forecast of 1200 and an alpha value of 0.4, what is the forecast for December using exponential smoothing? A. 1209.8 B. 1204.0 C. 1198.4 D. 1205.3 29) Using a 3-month moving average with weights of 0.6, 0.3 and 0.1 (from newest data to oldest data), what is the forecast for December? A. 1208.4 B. 1204.0 C. 1206.2 D. 1201.5

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 Mathematics Questions!

HW assist for stats class Use the following data to answer Questions 27 - 28. Past period Demand June 45 July 55 Aug. 57 Sept. 48 Oct. 50 Compute a weighted moving average forecast for November. Use...

Assist with HW question for better understanding Use the following data to answer Questions 27 - 28. Past period Demand June 45 July 55 Aug. 57 Sept. 48 Oct. 50 Compute a weighted moving average...

Past period Demand June 125 July 250 Aug. 285 Sept. 410 Oct. 485 1)Compute a weighted moving average forecast for November. Use the following weights: 0.5 for Oct., 0.3 for Sept., and 0.2 for August....

I have reviewed so many similar questions but I cannot figure out how they arrived at the answer. Either they didn't give an explanation fully or they just answered the question with no explanation....

Cutting Edge This case was adapted from Hiller, Frederick S. & Mark S. Hillier (2014). Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets, 5th ed.,...

Please answer all questions thoroughly. Thank you. Macy's & JC Penney - Questions 1. Using the guidelines provided below, compute financial ratios for fiscal years 2009, 2010, and 2011 (ending on...

CLOSING ARGUMENTS A Closing Argument should: 1. Repeat your theory and theme of the case 2. Summarize the evidence that preceded it 3. Relate the evidence to the law and the legal issues (i.e....

Please answer the following: 1 ) Form 2 questions about the following article 2) How does the German ordoliberal mainstrain explain the Eurozone crisis? 3) How does the international economic...

Opening Statement for Defense The 1948 U.S. Presidential election was a hard fight for Harry Truman. No one thought he had a shot and the folks at the Chicago Daily Tribune didn't think so either. At...

Use data in worksheet named Q1-4 to answer questions 1 4. Assume the sample data was published in a business magazine. 1) Which of the following is true about the data? A. Class is qualitative and...

Build two grids which are each X wide and Y long where X and Y are user inputs to determine the size of the grids. Fill each cell of both grids with a 0. Randomly fill 1/3rd of the grids cells with a...

What do you think was the reasons why LVMH diversified?

The " as of date" for internal control reporting is ordinarily the last day of the fiscal year. Group startsTrue or False True, unselectedFalse, unselected

Please help. i will give a thumbs up. thanks. Issuance of Materials On May 7, Darling Company purchased on account 700 units of raw materiais at $11 per unit. During May, raw materials were...