The smoothing constant, a, in the exponential smoothing forecast must always be a value less than...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The smoothing constant, a, in the exponential smoothing forecast must always be a value less than 0.10. must always be a value greater than 1.0. must be a value between 0.0 and 1.0 should be equal to the time frame for the forecast. QUESTION 18 The method uses demand in the first period to forecast demand in th moving average Click Save and Submit to save and submit. Click Save All Answers to auve all ans The smoothing constant, a, in the exponential smoothing forecast must always be a value less than 0.10. must always be a value greater than 1.0. must be a value between 0.0 and 1.0 should be equal to the time frame for the forecast. QUESTION 18 The method uses demand in the first period to forecast demand in th moving average Click Save and Submit to save and submit. Click Save All Answers to auve all ans
Expert Answer:
Answer rating: 100% (QA)
should be a value between 00 and 10 The value of a must be betwe... View the full answer
Related Book For
Business Statistics a decision making approach
ISBN: 978-0133021844
9th edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
Posted Date:
Students also viewed these accounting questions
-
A company uses exponential smoothing with trend to forecast monthly sales of its product, which show a trend pattern. At the end of week 5, the company wants to forecast sales for week 6. The trend...
-
A check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 40 million, while the forecast was 42 million. A...
-
The famous Widget Company uses simple exponential smoothing to forecast the demand for its best-selling widgets. The company is considering whether it should use α = .1 or...
-
Question 7: The owner of a small social services management consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has...
-
Rouse Manufacturing Limited produces and sells one product, a three-foot Canadian flag. During 20X0, the company manufactured and sold 65,000 flags at $27 each. Existing production capacity is 75,000...
-
Relate multiplicity, aggregation, and generalization to designing user interface classes. Provide examples.
-
A highway sign has the shape of a half-cylinder with radius \(1.0 \mathrm{~m}\) and length \(25.0 \mathrm{~m}\). A rearward \(10-\mathrm{km} / \mathrm{hr}\) wind is blowing over the sign as shown in...
-
Janet Lopez is establishing an investment portfolio that will include stock and bond funds. She has $720,000 to invest, and she does not want the portfolio to include more than 65% stocks. The...
-
The budget director for Campbell Cleaning Services prepared the following list of expected selling and administrative expenses. All expenses requiring cash payments are paid for in the month incurred...
-
Kat Ltd.s September balance sheet contains the following information: Cash.............................................................................$ 37,500 (dr) Accounts...
-
Suppose you have a company that manufactures industrial products in the city of Sabadell (about 30 km from Barcelona). For the production process you need a component that is produced by a supplier...
-
Create your own new decision criterion for decision making under uncertainty that is logical but not exactly the same as the five criteria described in Section 8.4. (a) Describe the rule in complete...
-
Consider problem 5.16(a). Determine the amount of fuel required per mole of air if the fuel is modeled as isooctane and combustion is complete. Data from problem 5.16(a) A Brayton gas turbine...
-
Graph the following table: a. What is marginal product and average product at each level of production? b. Graph marginal product and average product. c. Label the areas of increasing marginal...
-
Find TC, AFC, AVC, AC, and MC from the following table: 100 VC $ 0 Units FC $100 012345 40 100 60 100 70 100 85 100 130
-
A firm has fixed costs of $100 and variable costs of the following: a. Show AFC, ATC, AVC, and MC in a table. b. Graph the AFC, ATC, AVC, and MC curves. c. Explain the relationship between the MC...
-
WATCH ANY MOVIE OR READ ANY BOOK AND COMPLY WITH THE FOLLOWING REQUIREMENTS LISTED BELOW: 1. Write a brief review of the movie/book. 2. Mention at least two (2) strategies that are used in the...
-
Respond to the ethical judgments required based on the following scenarios. Scenario 1. Assume you have collected a sample using MUS and that you have evaluated that sample to calculate a total...
-
A USA Today editorial (Alejandro Gonzalez, CEO Dough) addressed the growth of compensation for corporate CEOs. Part of the story quoted a study done for BusinessWeek , which indicated that the pay...
-
The operations manager for Cozine Corporation is concerned with variation in the number of pounds of garbage collected per truck. If this variation is too high, the manager will change the truck...
-
A Courtyard Hotel by Marriott conducted a survey of its guests. Sixty-two surveys were completed. Based on the data from the survey, found in the file CourtyardSurvey , determine the following...
-
The probabilities that a TV station will receive \(0,1,2,3, \ldots, 8\) or at least 9 complaints after showing a controversial program are, respectively,...
-
A rotary plug valve needs to be replaced to repair a machine, and the probabilities that the replacement will be a flange style (low pressure), flange style (high pressure), wafer style, or lug style...
-
The probability that a turbine will have a defective coil is 0.10, the probability that it will have defective blades is 0.15, and the probability that it will have both defects is 0.04. (a) What is...
Study smarter with the SolutionInn App