Pumpkin Pies Galore is trying to forecast sales of pies for the month of December. Demand for
Question:
(a) What would Edith’s forecast for December be?
(b) What would her forecast be using the naïve method?
(c) If actual sales for December turned out to be 420 pies, which method was better (use MAD)?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (17 reviews)
a Forecast using a weighted moving average ...View the full answer
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
23+ Question Solved
Related Book For
Question Posted:
Students also viewed these Management Leadership questions
-
The Handy-Dandy Department Store had forecast sales of $110,000 for the last week. The actual sales turned out to be $130,000. a. What is the forecast for this week, using exponential smoothing and ...
-
For the month of December 2014, Ranger Corporations records show the following information: Cash received on accounts receivable $35,000 Cash sales 30,000 Accounts receivable, December 1, 2014 80,000...
-
For the month of December 2017, Ranger Corporation's records show the following information: Cash received on accounts receivable......................$35,000 Cash...
-
Suppose a state was trying to decide whether to fund primary and secondary education with a property tax or an income tax. What implications might this choice have for land use in the state?
-
Where do you use hot water at home? How is it heated?
-
The following elements of shareholders equity are adapted from the balance sheet of Brzynski Marketing Ltd.: Shareholders Equity Preferred shares, $0.10, cumulative, 100,000 shares authorized, 60,000...
-
How much education? The 2008 Statistical Abstract gives this distribution of education for a randomly chosen American over 25 years old: Less than High school College, Associates Bachelors Advanced...
-
A country currently imports automobiles at $8,000 each. Its government believes that, given time, domestic producers could manufacture autos for only $6,000 but that there would be an initial...
-
Standard Deviation is an absolute measure of risk because A. It allows companies to measure projects with different expected values B. It measures risk in an absolute fashion, risk is measure based...
-
50 points 1 eBook Exercise 12-10 Make or Buy Decision [LO12-3] Futura Company purchases the 71,000 starters that it installs in its standard line of farm tractors from a supplier for the price of...
-
The number of patients coming to the Healthy Start maternity clinic has been increasing steadily over the past eight months. Given the following data, use a linear trend line to forecast attendance...
-
Two different forecasting models were used to forecast sales of a popular soda on a college campus. Actual demand and the two sets of forecasts are shown. Use MAD to explain which method provided a...
-
Understanding workers rights to organize unions and bargain collectively. Appendix
-
Rosita Flores owns Rosita's Mexican Restaurant in Tempe, Arizona. Rosita's is an affordable restaurant near campus and several hotels. Rosita accepts cash and checks. Checks are deposited...
-
Your second task will require you to recover a payload from the conversation. Just need 2.3. Need you to explain step by step, and concept by concept if possible. Use wireshark. Tell me your answer...
-
2. Supply for art sketchbooks at a price of $p per book can be modelled by P <10 S(p) = = textbooks. p3+p+3 p 10 (a) What is the producer revenue at the shutdown point? (b) What is the producer...
-
Patterson Company produces wafers for integrated circuits. Data for the most recent year are provided: Expected Consumption Ratios Activity Driver Wafer A Wafer B Inserting and sorting process...
-
The elementary gas-phase reaction 2A + B C+D is carried out isothermally at 450 K in a PBR with no pressure drop. The specific reaction rate was measured to be 2x10-3 L/(mol-min-kgcat) at 50C and the...
-
Sales forecasting, budgeting and Monte Carlo budget simulation Refer to the analyses for Exercises 5.2 and 5.3. Required: 1. Use the sales forecast for Year 37 as the mean of sales, and compute the...
-
Three forces with magnitudes of 70pounds, 40 pounds, and 60 pounds act on an object at angles of 30, 45, and 135, respectively, with the positive x-axis. Find the direction and magnitude of the...
-
A process heat exchanger has a bypass around it that is normally closed, thus forcing all the process flow through the exchanger. The process fluid (vapor) flows through the shell side of an...
-
a. Formulate a linear programming model for the Mosaic Tile Company to determine the mix of the tiles it should manufacture each week. b. Transform the model into standard form. c. Solve the linear...
-
a. Formulate a linear programming model for the Mosaic Tile Company to determine the mix of the tiles it should manufacture each week. b. Transform the model into standard form. c. Solve the linear...
-
Marys major at State is operations management, and she wants to develop a plan for purchasing and cleaning sheets using linear programming. Help Mary formulate a linear programming model for this...
-
Chapter o Homew ebook 50,000-unit production quantity: $ 227,049 7 70,000-unit production quantity: $ 66,751 d. In addition to mean profit, what other factors should FTC consider in determining a...
-
Diamond makes downhill ski equipment. Assume that comic has offered to produce ski poles for Diamond for $20 per pair Diamond needs 200,000 pairs of poles per period Diamond can only avoid 5150,000...
-
17? Which of the following statement is true Select one: a. All evidence must have the same level of reliability b. All evidence must have the same level of persuasiveness C. All are false d....
Study smarter with the SolutionInn App