Question: Please use the table below for answering questions (a), (b), and (c). weights 0.4 alpha (n=3) 0.6 0.4 DAY DEMAND Simple Weighted Exponential (t) (D)

Please use the table below for answering

Please use the table below for answering questions (a), (b), and (c). weights 0.4 alpha (n=3) 0.6 0.4 DAY DEMAND Simple Weighted Exponential (t) (D) Moving Avg Moving Avg Smoothing 1 497 2 496 497.0 3 504 496.6 4 508 499.0 500.8 499.6 5 518 5027 506.4 502.9 6 523 510.0 514.0 509.0 7 522 516.3 521.0 514.6 517 521.0 522.4 517.5 9 519 520.7 519.0 517.3 10 527 519.3 A 518.0 11 535 521.0 523.8 521.6 12 537 527.0 531.8 B 13 537 533.0 536.2 531.0 14 541 536.3 537.0 533.4 15 538.3 539.4 536.4 CON 00 (a) Find the value for 'A' in the table (keep 1 decimal place): (b) Find the value for 'B' in the table (keep 2 decimal places): ( (c) If demand on Day 12 were changed and the spreadsheet updated accordingly, will the following forecasts on Day 15 change? Please answer 'Yes' or 'No' in the blank. The Simple Moving Average forecast The Weighted Moving Average forecast

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!