Question: The needed forecasting formulas are: F - F + (A.-F... on where F is the average (non-seasonal E- Al- exponential smoothed-rolling moving average) forecast where

The needed forecasting formulas are: F - F +
The needed forecasting formulas are: F - F + (A.-F... on where "F" is the average (non-seasonal E- Al- exponential smoothed-rolling moving average) forecast where "A" is the seasonally adjusted demand (actual seasonal demand adjusted for seasonality) where "1-1" is the last completed time period and "T" is the time period we are in or just entering FE( AF) where "FE" is the forecast error for time period "Y". A-SAYSFAC. where "SALI" is the seasonal (actual unadjusted) demand where "SFAC is the seasonality factor for the time period in which the actual demand occurred SF... (SFAC) where "SF..... is the seasonal forecast for any future mooth asked for where SEAC is the seasonality factor for the Nature month asked for multiplied times the most recently calculated F. The average monthly forecast that can also be referred to as non-seasonal, exponentially smoothed, or rolling moving average forecast) at the start of November (F) is 700 units. Alpha (a) equals 0.15 Seasonality factors Oct 0.80 (SFAC) Nov.0.70 Dec. 1.20 Jan. 1.50 Feb. 1.10 Use the spaces between the questions to calculate your answer. CIRCLE the answer to each question to avoid any misunderstanding it submitting using plain paper, write the question number and then show your calculations and answer for the question 1 At this point in time (the beginning of November), what is the seasonal forecast for November? 6 7 2 It is now the beginning of December. Actual seasonat November demand came in at 530. Calculate the revised average forecasts of Dec 1 EXTRA The cu Inaithe

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