Question: Using the 3 period moving average and exponential smoothing with alpha = 0.25, damping factor of 0.75, make a forecast period of 16 for both

Using the 3 period moving average and exponential smoothing with alpha

Using the 3 period moving average and exponential smoothing with alpha = 0.25, damping factor of 0.75, make a forecast period of 16 for both seed price and oil price.

Oil Seed Average Price Index Average Price Index $/short ton Marketing Year 1 2 $/short ton 352.8 510 697.2 3 147.7 216.4 276 284 328 286 4 5 u 16 7 8 19 719.2 826.3 767 866 1928 1102.3 1217 1411 1689 1702.4 1797.4 1839.4 324 371.2 460 476.8 485 526 542 472 476 10 11 12 13 14 15

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 Finance Questions!

Juan was asked by his boss to develop a forecast model for the WTI Spot crude oil price. Juan was eager to show off his regression skills and was confident he could build a model that would...

MBA6211 - Managerial Decision Making Team Assignment #4 - Forecasting WTI Juan was asked by his boss to develop a forecast model for the WTI Spot crude oil price. Juan was eager to show off his...

I need help in these tasks, Please help me with these and also help me in the questions, I will be thankful I did first task, need to do second onwards Your team has just been hired as Operations...

Juan was asked by his boss to develop a forecast model for the WTI Spot crude oil price. Juan was eager to show off his regression skills and was confident he could build a model that would...

Note: You can use help from software such as MS Excel to solve the forecasting method and MS project Management. The knowledge is refered to Supply Chain Management Walmart Sales Data Time Period all...

^^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. Actual Actual Period demand Period...

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...

Question c case study 1 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...

Instructions: Choose the Moving Average or Exponential Smoothing method to complete a time series forecast on one of the two datasets provided and predict for the January 2023 period. Complete a...

Green Industries Ltd. manufactures machine parts. The Company has available capacity to run three shifts per day, 300 days a year. With allowance for machine maintenance, statutory holidays and any...

A bank is financing 100% of the construction costs of a real estate development secured by a 1st mortgage on the property (land + structure). With a full draw-down of the facility, the $340K budgeted...

11. Honda (JPN) is considering alternative methods of accounting for the cash discounts it takes when paying suppliers promptly. One method suggested was to report these discounts as financial income...

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".