Question: Use the exponential smoothing with alpha =0.25 to forecast the value for period 11 for the following time series. Period 1 2 3 4 5

Use the exponential smoothing with alpha =0.25 to

Use the exponential smoothing with alpha =0.25 to forecast the value for period 11 for the following time series. Period 1 2 3 4 5 6 7 8 9 10 Observation 121 133 142 150 159 167 186 187 192 208

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!

The City Council of the City of Eastover adopted the following budget for its General Fund for 20X8. The budget was not revised during the fiscal year. The budgetary basis was modified accrual. City...

Q 1 . Daily demands for a pain killer sold in a pharmacy are given below. \ table [ [ \ table [ [ Day ] , [ ( units ) ] ] , ] , [ 1 , 3 6 ] , [ 2 , 3 8 ] , [ 3 , 4 2 ] , [ 4 , 4 4 ] , [ 5 , 4 8 ] , [...

I just want the final answer ... without explanation Question 11 Not yet answered Marked out of 1.00 Flag question The panel consensus forecasting approach requires that the forecasting team discuss...

1. Given the following historical data and weights of .5,.3, and .2, what is the threeperiod moving average forecast for period 5 ? Multiply period 4 (144) by .5, period 3(148) by .3 and period 2...

Suppose that we use an Exponential smoothing forecast with alpha=0.45 to forecast the value of the time series during period 6. What is the value of the RMSE ( root mean square error ) of this...

The following table shows the historical demand data for product A in AusCandy Co. Answer the following questions. Period 1 6 00 OWN Actual demand 77.00 45.28 48.03 47.87 78.88 51.85 53.51 58.54...

Regarding to the following statements of exponential smoothing method in forecasting, i. The forecast value in period (t + 1) is obtained by adjusting the forecast period t by a fraction of the...

The time series regression model contains a variable W and a regression equation of y = 50 + W + 2W2 to forecast future values. If W represents a time period, what is the forecast for time period 2...

i can email the excel spreadsheet that was provided with al the data. i dont know how to do that. Question-2. Use the data in the Excel file provided to forecast the demand of a particular product...

^^PLS SHOW ALL CALCULATIONS AND FOLLOW THE CRITERIA, thank you. Please submit just one file. Your submission can be in Word, Excel, or pdf format. Brief explanation is required for each question. For...

Case Study 1: The AusCandy Demand (10 marks) The following table shows the historical demand data for product A in AusCandy Co. Answer the following questions. Period 1 2 3 4 5 6 7 8 9 10 11 12...

2Read Case 12 on pages 2223 of the textbook and answer the three questions related to the case Also explain how management communication would have to change for Kathy if she were to take the company...

At the beginning of 20X1, Global Ltd acquired 20% of the shares of Chen Pty Ltd for $100,000. Chen Pty Ltd's financial statements for 20X1 report: Profit before tax Tax expense Profit for the period...

5. In the signed integer finite-state machine (Section 6.6.2), how many digits can occur after a minus sign?

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...