Suppose that you are using exponential smoothing method described in this chapter to forecast sales, and you
Question:
Suppose that you are using exponential smoothing method described in this chapter to forecast sales, and you know that sales will be decreasing every period for the foreseeable future. What value of alpha would be best (produce the smallest errors)?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
In the article on portfolio theory we saw that the motivation behind the establishment of a portfoli...View the full answer
Answered By
Hardik Dudhat
I am semi-qualified Chemical Engineering ,I have scored centum in accounting in my senior secondary and in my graduation. I have always helped my fellow students with their concerns on the subject, i have tutored on various tutoring sites in the past and also have taken home tuitions for degree and MBA students. As a tutor, I don't want my students to just get a solution, I want them to understand the concept and never have a doubt in that area thereon and i believe in excelling and not in educating.
0.00
0 Reviews
10+ Question Solved
Related Book For
Managerial Decision Modeling Business Analytics With Spreadsheet
ISBN: 9781501515101
4th Edition
Authors: Nagraj Balakrishnan, Barry Render, Ralph Stair, Charles Munson
Question Posted:
Students also viewed these Business questions
-
You are using exponential smoothing on an annual time series concerning total revenues (in millions of dollars). You decide to use a smoothing coefficient of W = 0.20, and the exponentially smoothed...
-
You are using exponential smoothing on an annual time series concerning total revenues (in $millions). You decide to use a smoothing coefficient of W = 0.20, and the exponentially smoothed value for...
-
You are using exponential smoothing on an annual time series concerning total revenues (in $millions). You decide to use a smoothing coefficient of W = 0.20, and the exponentially smoothed value for...
-
Let S be the portion of the cylinder y = e x in the first octant that projects parallel to the x-axis onto the rectangle R yz : 1 y 2, 0 z 1 in the yz-plane. Let n be the unit vector normal to S...
-
The isomerization of cyclopropane, C3H6, is believed to occur by the mechanism shown in the following equations: Here C3H6* is an excited cyclopropane molecule. At low pressure, Step 1 is much slower...
-
Hernandez Corp. wants to compute its throughput for August 2013. The following production data are available: Good units produced and sold ...... 2,923,200 Total units produced .......... 3,460,000...
-
Assume the same facts as in the preceding problem. In addition, consider the following actual data for 2007: Direct materials $285,000 Direct labour 174,200 Variable factory overhead 36,000 Fixed...
-
Providence Assessment Center screens and trains employees for a computer assembly firm in Boston. The progress of all trainees is tracked, and those not showing the proper progress are moved to less...
-
Refer to OP for problems 4-8, given mQR = 100. P R D T S What is mST? Answer:
-
Darrow invests $270,000 in cash for a 30 percent ownership interest. The money goes to the original partners. Goodwill is to be recorded. How much goodwill should be recognized, and what is Darrows...
-
In Figure 11.35, we discovered a potential multicollinearity problem. It appeared that home size was no longer a significant input given the presence of land area. (a) Run a single regression based...
-
Explain how Solver can be used to identify the optimal weights in the weighted moving averages model.
-
You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a common practice with expensive, high-tech equipment). The scanner costs $5.2 million and...
-
How can shares that are not callable be reacquired by a company? Why must corporations exercise caution in these transactions?
-
Merck & Co., Inc., a research-based pharmaceutical company: a. Dominates the market for generic substitutes. b. Offers a full line of prosthetic replacement limbs. c. Shares risk through strategic...
-
a. Define the term tolerable deviation rate and indicate the factors that should be considered in deciding on the tolerable rate, b. What effect does this rate have on sample size?
-
In the pharmaceutical industry: a. The cost to develop a prescription drug is less than the cost of a 747 jumbo jet. b. Managed care organizations insure less than 75 percent of U.S. employees. c....
-
Briefly explain the alternatives for accounting for share issue costs.
-
What can cause changes in the demeanor of the citizen and the police officer during an encounter? What can influence decisions made by the actors?
-
The cost curve for the city water supply is C(Q) = 16 + 1/4 Q2, where Q is the amount of water supplied and C(Q) is the cost of providing Q acre-feet of water. (An acre-foot is the amount of water...
-
Do wholesalers and retailers need to worry about new-product planning just as a producer needs to have an organized new-product development process? Explain your answer.
-
How do you think a retailer of Maytag washing machines would react if Maytag set up a website, sold direct to consumers, and shipped direct from its distribution center? Explain your thinking.
-
What risks do merchant wholesalers assume by taking title to goods? Is the size of this risk about constant for all merchant wholesalers?
-
Which of the following is a SOURCE of cash?Group of answer choicesAn increase in Prepaid TaxesThe purchase of a new truckA decrease in Accounts PayableThe sale of marketable securities
-
Dec. 1, 2024: Mortgaged the warehouse for $550,000 cash with Southside Bank. The mortgage requires monthly payments of $7,000. The interest rate onthe note is 3% and accrues monthly. The first...
-
According to the Code, the subscriber must make the following disclosures: Group of answer choices Information about fees and charges. Information about fees and charges and daily or periodic...
Study smarter with the SolutionInn App