Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 11, 2024

Exponential smoothing is used to forecast automobile battery sales. Two value of ? are examined, ? ? 0.8 and ? ? 0.5. Evaluate the accuracy

Exponential smoothing is used to forecast automobile battery sales. Two value of ? are examined, ? ? 0.8 and ? ? 0.5. Evaluate the accuracy of both smoothing constants to identify the preferable one from the below table:

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

Recommended Textbook for

Math In Plain English Literacy Strategies For The Mathematics Classroom

Authors: Amy Benjamin

1st Edition

1317926757, 9781317926757

More Books

Students also viewed these Mathematics questions

Question

★★★★★

With what impulse does a 0.50-kg newspaper have to be thrown to give it a velocity of 3.0 m/s?

Answered: 1 week ago

Question

★★★★★

Distinguish among the following: a. Monosaccharide, polysaccharide, disaccharide b. Peptide bond, polypeptide c. Glycerol, fatty acid d. Nucleotide, nucleic acid

Answered: 1 week ago

Question

★★★★★

Draw a dotplot for the n = 5 measurements 2, 9, 11, 5, 6. Find the sample mean and compare its value with what you might consider the "centre" of these observations on the dotplot.

Answered: 1 week ago

Question

★★★★★

Hollys Day Care has been in operation for several years. Identify each cost as variable (V), fixed (F), or mixed (M), relative to number of students enrolled. 1. Building rent. 2. Toys. 3....

Answered: 1 week ago

Question

★★★★★

Bert Barker had $50,000 salary during 2019 and had the following capital gains and losses: STCL carryover from 2018 ($4,000) STCL (2,000) STCG 1,000 LTCL carryover from 2018 (5,000) LCTL (3,000) LTCG...

Answered: 1 week ago

Question

★★★★★

A company pays $ 7 9 0 , 4 0 0 cash to acquire an iron mine on January 1 . At that same time, it incurs additional costs of $ 6 2 , 4 0 0 cash to access the mine, which is estimated to hold 1 0 4 , 0...

Answered: 1 week ago

Question

★★★★★

FREE CASH FLOW Financial information for Powell Panther Corporation is shown below: Powell Panther Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2016 2015 Sales...

Answered: 1 week ago

Question

★★★★★

Initial investment-Basic calculation Cushing Corporation is considering the purchase of a new grading machine to replace the existing one. The existing machine was purchased 3 years ago at an...

Answered: 1 week ago

Question

★★★★★

PROBLEM 1 Eudora Corporation manufactures a propeller. Shown below is Eudora's cost structure: ...................................................Variable cost per...

Answered: 1 week ago

Question

★★★★★

Consider an optical ground sensor at 35N latitude & 35E longitude. The image plane of its camera is 1500 pixels by 2000 pixels, the size of each pixels 0.005 mm by 0.005 mm, and the focal length is...

Answered: 1 week ago

Question

★★★★★

241. Two smooth circular cylinders each of weight 1500 N and radius 20 cm, are connected at their centers by a string AB of length of 50 cm and rest upon a horizontal plane, supports above then a...

Answered: 1 week ago

Question

★★★★★

Scientists at Wake Forest Baptist Medical Center have found new evidence that mindfulness ' , meditation reduces pain more effectively than placebo. The research, published In the Nov. 11 2015' Issue...

Answered: 1 week ago

Question

★★★★★

Multiple Choice: Present and Future Values Select the best answer for each of the following: 1, The present value of a future cash payment: a. Increases as the effective interest rate goes up. / b....

Answered: 1 week ago

Question

★★★★★

Equipment Purchase on Contract Johnson Products has elected to purchase equipment by signing a contract in which it will pay $4,500 at the end of each month for the next 2 years. Johnson Products is...

Answered: 1 week ago

Question

★★★★★

Present Values Sarah Trom has cash to invest and wishes to know how much she would have to pay presently to acquire each of the following investment alternatives. Compute the present value of each of...

Answered: 1 week ago

Previous Question Next Question