Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ALPHA=0.80 41). Given the above information, calculate the Forecasted demand for Hou-11 using Exponential Smoothing. Round up to the nest highest whole number. 42). Marketing
ALPHA=0.80 41). Given the above information, calculate the Forecasted demand for Hou-11 using Exponential Smoothing. Round up to the nest highest whole number. 42). Marketing says that the Alpha is too heavily weighted tow ards the previous month's actual demand. They have decided to change the Alpha to 0.20. Calculate the nev forecast for hou-11. 43). Sales notices a pattern in demand. It appears to be growing at a rate of 4.7% to 5.5% per month. If this is the case, would you want your Alpha to be closer to 1.00 or closer to 0.00? Esplain you answer. 14). The UP of Sales estimates that annual demand in 2012% ill be 1,800 units. He has asked you to break down his annual demand estimate into a monthly forecast. Using the above information, calculate the Seasonal Indes for each month based on the 2011 data. Fill in each month's seasonal inder in the table aboue
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started