Two experienced managers are resisting the introduction of a computerized exponential smoothing system, claiming that their judgmental
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Two experienced managers are resisting the introduction of a computerized exponential smoothing system, claiming that their judgmental forecasts are much better than any computer could do. Their past record of predictions is as follows:
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Week Actual Demand 1 2 3 4 5 6 7 8 9 10 4,000 4,200 4,200 3,000 3,800 5,000 5,600 4,400 5,000 4,800 Manager's Forecast 4,500 5,000 4,000 3,800 3,600 4,000 5,000 4,800 4,000 5,000
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Related Book For
Operations And Supply Chain Management
ISBN: 9780357131695
2nd Edition
Authors: David A. Collier, James R. Evans
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