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Instructions: Each student should solve the homework by himself, no groups are allowed. . No late homework will be accepted. Organize your solutions in a
Instructions: Each student should solve the homework by himself, no groups are allowed. . No late homework will be accepted. Organize your solutions in a neat way. . Try to use sketches, graphs, diagrams whenever suitable. A printed cover page showing your name, ID, hw#, Name of the instructor, Course title and the Course number are a must. . In addition to correct solution, neatness will be taken into consideration in the gradino Nahmias at University of Sharjah bookstore. Date Actual demand Forecast value (textbooks/day) (textbooks/day) 7-september 2014 0 3 8-Sept. 2 5 9-Sept. 6 7 10-Sept. 15 12 11-Sept. 8 10 12-Sept 7 13-Sept. 14-Sept. 2 7 8 4 0 Question 2 (30 points): For the same actual demand data above, perform a forecast using: . Moving average of 3 periods. Exponential smoothing of (a=0.2). Make the first forecast value equal to the actual demand. Sketch your results on an excel sheet (period vs. Demand and vs. forecast values) Instructions: Each student should solve the homework by himself, no groups are allowed. . No late homework will be accepted. Organize your solutions in a neat way. . Try to use sketches, graphs, diagrams whenever suitable. A printed cover page showing your name, ID, hw#, Name of the instructor, Course title and the Course number are a must. . In addition to correct solution, neatness will be taken into consideration in the gradino Nahmias at University of Sharjah bookstore. Date Actual demand Forecast value (textbooks/day) (textbooks/day) 7-september 2014 0 3 8-Sept. 2 5 9-Sept. 6 7 10-Sept. 15 12 11-Sept. 8 10 12-Sept 7 13-Sept. 14-Sept. 2 7 8 4 0 Question 2 (30 points): For the same actual demand data above, perform a forecast using: . Moving average of 3 periods. Exponential smoothing of (a=0.2). Make the first forecast value equal to the actual demand. Sketch your results on an excel sheet (period vs. Demand and vs. forecast values)
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