The US monthly inflation rate for 2016 is shown below: a. Compute the inflation rate for January
Question:
a. Compute the inflation rate for January 2017 using the exponential smoothing forecast using α = 0.3 and 0.5. Assume that the forecast for February is 1.
b. What is the MAD for the forecasts generated using exponential smoothing method?
Transcribed Image Text:
Inflation Month Month Inflation 0.8 January 1.4 July February 1.0 August 1.1 March September 0.9 1.5 April 1.1 October 1.6 May 1.0 November 1.7 June 1.0 December 2.1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
a Alpha 03 F 2 14 F 3 F 2 aA 2 F 2 1403114 128 F 4 F 3 aA 3 F 3 1280309128 1166 F 5 F 4 aA 4 F 4 116...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Principles of Supply Chain Management A Balanced Approach
ISBN: 978-1337406499
5th edition
Authors: Joel D. Wisner, Keah Choon Tan, G. Keong Leong
Question Posted:
Students also viewed these Business questions
-
Consider a simple economy that produces only three products: haircuts, hamburgers, and Blu-rays. Use the information in the following table to calculate the inflation rate for 2016, as measured by...
-
Street Company was formed and began business on January 1, 2016, when R. B. Street transferred merchandise inventory with a value of $60,000, cash of $55,000, accounts receivable of $60,000, and...
-
Holly has recognized a $9,000 STCL. She has no other recognized capital gains and losses in 2016. She is considering the sale of a Sec. 1231 asset held for four years at a $5,000 gain in 2016. She...
-
The manager of a $20 million portfolio of domestic stocks with a beta of 1.10 would like to begin diversifying internationally. He would like to sell $5 million of domestic stock and purchase $5...
-
Amazon.com, Inc. serves its customers through its retail Web sites, selling millions of unique products. In addition, the company manufactures and sells electronic devices including Kindle e-readers...
-
= A metallic solid (density p= 4000 kg/m, specific heat C, = 150 J/kg/K, thermal conductivity k =10 W/m/K) spherical particle of diameter 500 um moves through a gas in a chamber at a speed of 5 m/s....
-
A PI (Polarization Index) Test of a motor winding is performed and the 10-minute ratio is 3.0. The curve is a perfect parabolic shape. What is the verdict?
-
Midwest Company manufactures portable radios. Shop Smart, a large retail merchandiser, wants to buy 200,000 radios from Midwest for $12 each. The radio would carry Shop Smarts name and would be sold...
-
On April 1, 2022, an investor bought 2500 shares of PT Telkom Tbk. With a price of IDR 4550 per share. The investor gets a margin of 65% with a maintenance margin of 30%. Try to determine what the...
-
1. What type of team(s) do these employee teams appear to be? Explain. 2. As this story illustrated, sometimes it may take a long time for a team to reach its goal. As a manager, how would you...
-
Explain the impact of the smoothing constant value on the simple exponential forecast.
-
The Toro Cutlery Company has collected monthly sales information below: The company is examining two forecasting methods, moving average and exponential smoothing for forecasting sales. a. What will...
-
You are driving on a Canadian freeway to a town that is 500 kilometers from your home. After 30 minutes, you pass a freeway exit that you know is 50 kilometers from your home. Assuming that you...
-
Consider a CD nozzle with exit and throat areas of 0.5 m 2 and 0.25 m 2 , respectively. The inlet reservoir pressure is 100 kPa and the exit static pressure is 60 kPa. Determine the exit Mach number.
-
Beyond Meat sells plant-based meat substitute products and is achieving success in the mature meat industry. Based on the material in this and the first four chapters, why do you think Beyond Meat is...
-
Superheated steam at 700 kPa, 220 C in a steam chest is expanded through a nozzle to a final pressure of 20 kPa. The throat diameter is 10mm. Assuming the expansion process to be isentropic and in...
-
Superheated steam at 850 kPa, 200 C expands in a convergent nozzle until it becomes a saturated vapor. Determine the exit velocity, assuming the expansion process to be isentropic and in equilibrium...
-
Consider a \(20^{\circ}\) half-angle wedge in a supersonic flow at Mach 3 at standard sea level conditions ( \(p_{1}=2116 \mathrm{lb} / \mathrm{ft}^{2}\) and \(\left.T_{1}=519^{\circ} \mathrm{R}...
-
An article in the Gotham Times states that the stock of capital and the workforce in Gotham are both increasing at an annual rate of 7 percent. The same article states that real output is growing by...
-
A 2500-lbm car moving at 15 mi/h is accelerated at a constant rate of 15 ft/s 2 up to a speed of 50 mi/h. Calculate force and total time required?
-
Is the online channel likely to be more beneficial in the early part or the mature part of a products life cycle? Why?
-
Why has the online channel been more successful in the computer hardware industry compared with the grocery industry? In the future, how valuable is the online channel likely to be in the computer...
-
What type of distribution network is best suited to highly differentiated products?
-
The Clifford Corporation has announced a rights offer to raise $36 million. The stock currently sells for $28 per share and there are 18 million shares outstanding. If the subscription price is set...
-
Superman Enterprises has just completed an initial public offering. The firm sold 4,700,000 new shares at an offer price of $17.00 per share. The underwritering spread was $0.78 a share. The firm...
-
ABV is a non-dividend paying stock whose current price is $50. Its volatility is 12%. Over each of the next two 6-month periods the stock price is expected to go up by 9% or down by 8%. The risk-free...
Study smarter with the SolutionInn App