Emergency calls to Winter Park, Floridas 911 system for the past 24 weeks are as follows: (a)

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Emergency calls to Winter Park, Florida’s 911 system for the past 24 weeks are as follows: image text in transcribed

(a) Compute the exponentially smoothed forecast of calls for each week. Assume an initial forecast of 50 calls in the first week, and use a = 0.1. What is the forecast for week 25?

(b) Reforecast each period using a = 0.6.

(c) Actual calls during week 25 were 85.

Which smoothing constant provides a superior forecast?

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Quantitative Analysis For Management

ISBN: 9781292217659

13th Global Edition

Authors: Barry Render, Ralph M. Stair, Michael Hanna, Trevor Hale

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Question Posted: Jul 09, 2024 09:01 AM

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Emergency calls to Winter Park, Floridas 911 system for the past 24 weeks are as follows: (a)

Question:

WEEK CALLS WEEK CALLS WEEK CALLS 1 50 9 35 17 55 23 2 35 10 20 18 40 25 11 15 19 35 4 40 12 40 20 60 599 45 13 55 21 75 6 35 14 35 7 20 15 25 8 30 16 55 222 22 50 23 40 24 65

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Quantitative Analysis For Management

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