Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

plese don't include any excel only a regular table and answer it plese diffrently than the website Ch 15 4. A police station had to

plese don't include any excel only a regular table and answer it plese diffrently than the website
image text in transcribed
Ch 15 4. A police station had to deploy police officers for emergencies multiple times the last four evenings. The numbers of emergencies for Monday. Tuesday, Wednesday, and Thursday were 7, 4. 8, and I1, respectively. What would be the station's forecast for Friday using an exponential smoothing forecasting approach? Use =0.3 and a forecast for Monday of 9 . LO15-4 5. MyApp is a small but growing startup that sees demand for several of its apps increase quickly. For the last six months, monthly downloads were 235,000,290,000,336,000,390,000,435,000, and 498,000 . Using a forecast for the first month of 220,000 , an initial trend forecast of 40,000 , and smoothing parameters of 0.25 for both demand smoothing and trend smoothing, forecast the demand for the next month using double exponential smoothing. 6. La Villa is a ski resort in the Italian Alps. Mary guests visit the town: however, most of them come in the winter season because of the phenomenal skiing. A group of hotels has analyzed their demand for the last three years (see the table below): Using a smoothing parameter of 0.25 and an initial forecast of 17.000, foreeast demand for the first four quarters in 2015

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Finance And Accounting For Business

Authors: Bob Ryan

1st Edition

9781861529930

More Books

Students also viewed these Accounting questions

Question

What is the education level of your target public?

Answered: 1 week ago

Question

What advertising media and promotional tactics will you use?

Answered: 1 week ago