Question: Use an exponential smoothing model with trends to forecast for period 5. Select a correct demand forecast using the demand table below. The base value

Use an exponential smoothing model with trends to forecast for period 5. Select a correct demand forecast using the demand table below.

The base value at the end of period 1 is 300 while the tread is -50. The base value smoothing constant is 0.2 and the trend smoothing constant is 0.4.

Period

2

3

4

Demand

250

120

130

a.

72

c.

65

b.

115

d.

210

Step by Step Solution

★★★★★

3.29 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A Period 1 2 3 4 5 6 7 8 Alpha 9 Beta 10 ... View full answer

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!

Q:

Date Class Name REINFORCEMENT ACTIVITY 2, Part A, p. 406 An Accounting Cycle for a Corporation: Journalizing and Posting Transactions 1. Isthemprogees gains. , Dividends, morenose returns, employers...

Q:

A perpetuity pays $50,000 at the end of Year 1 and then grows at a rate of 6 percent per year indefinitely. What is the present value if the rate of interest used to discount the cash flows is 10...

Q:

Best is considering using a basic exponential smoothing model with =0.2 to forecast capacity. Correction to the text: Use the capacity table from problem 3. a. Use the sales average of 480 through...

Q:

Re-solve problem 20 using a simple exponential smoothing model with = .8, and with a 2-period moving average model. Which model is best? Data From Problem 20: Given the data shown below, use = .1...

Q:

Q1. When amounts are correct, the accounting equation, Assets = Liabilities + Stockholders Equity, (_________ / will not) always be in balance. Similarly, Debits (_________/ will not) always equal...

Q:

Establish a Fitness Business Develop a marketing strategy based on the business model and business plan by completing all aspects of the marketing strategy document beginning on the next page. You...

Q:

A retail store sells a popular cosmetic called Devine and the store manager was given $100,000 by the corporate office to improve store performance any way she thinks best. The base case information...

Q:

Consider the following time series data. Quarter Year 1 Year 2 Year 3 1 3 6 8 2 2 4 8 3 4 7 9 4 6 9 11 (a) Choose the correct time series plot. (i) (ii) (iii) (iv) - Select your answer -Plot (i)Plot...

Q:

Your employer, a mid-sized human resources management company, is considering expansion into related fields, including the acquisition of Temp Force Company, an employ mentagency that supplies word...

Q:

Leading economic indicators, such as the stock market or the housing market, often change prior to large economic adjustments. For example, a rise in stock prices often means that investors are more...

Q:

Reconsider the pharmaceutical sales data shown in Table B.2. a. Use simple exponential smoothing with the optimum value of ic to smooth the data (you can find the optimum value from Minitab). How...

Q:

In setting up a manufacturing process for a new computer memory storage device, the initial configuration has a 16% yield: 16% of the devices are acceptable and 84% are defective. If 12 of the...

Q:

Rickhaus Company is authorized to issue 10 million shares of $ 1 par value common stock and 800,000 shares of $ 10 par value 7 percent cumulative, convertible, preferred stock. For simplicity assume...

Q:

Fropetional Accounlants. Al regha resenved. Sealen contents Resources Exit Which statement best explains why the SEC has concerns about the independence of a CPA firm that has a business relationship...

Q:

Q-1. The kinetic energy of A particle of mass m is moving with constant speed along a circular path of radius r its kinetic energy is (A)T = mr*62 (B) T =mr*w? (C)T =lw? (D) All correct

Q:

.Suppose that AABC is a triangle with side AB a diameter of a circle with center 0, as in the picture on the right, and suppose that the vertex C lies on the circle. Now imagine that you rotate the...

Q:

Prove that the hypotenuse is the longest side in every right triangle. (Hint: Is a?+b? >a?)

Q:

On a sheet of paper draw a circle of radius 1 inch, and call the center of that circle O. Pick a point P which is 2.5 inches away from 0. Draw the circle which has OP as a diameter, as in the picture...

Q:

For Exercises 5-8, find the numeric value of the indicated angle(s) for the right triangle AABC, with C being the right angle. 5. Find B if A = 45. 6. Find A and B if A = a and B = 2a. 7. Find A and...

Q:

Given that: 1 tsp = 5mL Convert: 57 tsp to millilitres Give answer to 2 decimals

Q:

Data collected on the yearly demand for 50-pound bags of fertilizer at Wallace Garden Supply are shown in the following table: YEAR DEMAND FOR FERTILIZER (1,000S OF BAGS) 4 6 1 2 3 4 5 4 5 6 18. |17:...

Q:

Week 1 attendance 1 4 5 6 0 Week 2 attendance 1 4 3 2 7 Week 3 attendance 1 5 9 8 7 Week 4 attendance 1 4 6 8 9 Week 5 attendance 1 6 3 3 2 Week 6 attendance 1 5 9 8 4 Week 7 attendance 1 7 4 5 6...

Q:

Week 1 attendance 1 4 5 6 0 Week 2 attendance 1 4 3 2 7 Week 3 attendance 1 5 9 8 7 Week 4 attendance 1 4 6 8 9 Week 5 attendance 1 6 3 3 2 Week 6 attendance 1 5 9 8 4 Week 7 attendance 1 7 4 5 6...

Q:

A State University Credit Union handles saving accounts and makes loans to members. In order to plan its investment strategies, the credit union needs to forecast monthly loans requests. Monthly Loan...

Q:

Use exponential smoothing with a smoothing constant of 0.3 to forecast the demand for fertilizer given in Problem 5-15. Assume that last period's forecast for year 1 is 5,000 bags to begin the...

Q:

Use exponential smoothing with a smoothing constant of 0.3 to forecast the demand for fertilizer given in Problem 5-17. Assume that last period's forecast for year 1 is 5,000 bags to begin the...