Question: Using exponential smoothing, the forecast for September shipments was 341 units. The actual September shipments were 342. Using an alpha(smoothing constant) of 0.26, the forecast

Using exponential smoothing, the forecast for September shipments was 341 units. The actual September shipments were 342. Using an alpha(smoothing constant) of 0.26, the forecast for October is _____. (Round your answer to one decimal place.)

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!

Using exponential smoothing, the forecast for September shipments was 338 units. The actual September shipments were 336. Using an alpha(smoothing constant) of 0.28, the forecast for October is

Provide an example ofthe four Costs of Quality. Identify the type and explain your examples. l4PtSl Explain the two types of variation and give an example of each? {4pts} What is a "Fishbone...

PLEASE HELP!!! . APA, MLA) 7. KEY POINTS TO FOLLOW FOR THE HOMEWORK SUBMISSION: . You should upload your completed homework assignment on Canvas as a PDF file or Microsoft Word file (doc, docx). I...

Assignment #5: Time Series Analysis Simple Moving Average E(most recent k data values) List-k+1 Vi = _yt -k+ 1 + ."+yt-1+yt yt+1 k k k where "t+1 = forecast of the time series for period t + 1 yt =...

Final Project Assignment SCM 301 Fall 2015 Overview of the Case Analysis We have discussed many concepts in SCM 301 related to planning, sourcing, making and delivering products and services. The...

Assignment #5: Time Series Analysis Simple Moving Average A _ 2(most recent k data vaiues') _ i=rk+13'i _ 31th + + yt_1 + 3': J't+1 k k k where Hl = forecast of the time series for period t + 1 yt =...

Accounting Case Study Project. Please see attached - is this possible to complete ? A 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 B C D E...

Forecasts and actual sales of MP3 players at Just Say Music are as follows: 224 Month Forecast Actual Sales March 150 170 April 219 232 May 205 June 250 239 July 253 234 August 270 210 September 240...

Question 1: The company has been concerned with the continued fluctuations in monthly demand witnessed over the past year. The company has a policy of using the exponential smoothing method for...

A marble is released from one rim of a hemispherical bowl of diameter 50.0 cm and rolls down and up to the opposite rim in 10.0 s. Find (a) The average speed and (b) The average velocity of the...

Say we have a red and blue laser shining through a set of two slits separated by a distance d = 0.02mm. The resulting fringes are observed on a screen L = 1.5m away from the double slits. The blue...

vizzes 2 I believe the final project increased my confidence in using Quickbooks I believe the final project helped me to better understand segregation of dutites I believe the final project helped...

What is an example of constructive feedback? provide reference