FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The forecasting sales of Month 1(F1) was 25 , and the actual sale of Month 1 (A1) turned out to be 24 Using Exponential Smoothing

image text in transcribed
The forecasting sales of Month 1(F1) was 25 , and the actual sale of Month 1 (A1) turned out to be 24 Using Exponential Smoothing method (Desired Respond Rate (Alpha) =0.3 ), The forecasting sales of Month 2 (F2) is: (Round your answer to the nearest integer)

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

The Fundamentals Of Fashion Management

The Fundamentals Of Fashion Management

Authors: Susan Dillon

2nd Edition

1474271219, 978-1474271219

More Books

Students also viewed these General Management questions

Question

★★★★★
If x1 and x2 are the values of a random sample of size 2 from a population having a uniform density with α = 0 and β = θ, find k so that Is a (1...

Answered: 1 week ago

Question

★★★★★
13.36 Example 13.3 gave data on x 5 proportion who judged candidate A as more competent and y 5 vote difference proportion. Calculate a 95% confidence interval for the mean vote-difference proportion...

Answered: 1 week ago

Question

★★★★★
Automobile unit sales at B. J. Scott Motors, Inc., provided the following 10-year time series: a. Construct a time series plot. Comment on the appropriateness of a linear trend. b. Using Excel Solver...

Answered: 1 week ago

Question

★★★★★
The forecasting sales of Month 1(F1) was 25 , and the actual sale of Month 1 (A1) turned out to be 24 Using Exponential Smoothing method (Desired Respond Rate (Alpha) =0.3 ), The forecasting sales of...

Answered: 1 week ago

Question

★★★★★
The graph of s = f(t) represents the 5 position of an object moving along a line at time t2 0. a. Assume the velocity of the object is t 0 when t= 0. For what other values of t is the velocity of the...

Answered: 1 week ago

Question

★★★★★
Designing the Distribution Network for Michaels Hardware Ellen Lin, vice president of supply chain at Michaels Hardware, was looking at the financial results from the past quarter and thought that...

Answered: 1 week ago

Question

★★★★★
In which of the following situations would you need to use the SALUTE service recovery model? Veterans call your clinic and are dissatisfied with their experiences at the VA. Fellow employees come to...

Answered: 1 week ago

Question

★★★★★
Joanna is going through the calculations for estimating how much longer it will take her agile team to finish the project. What must she remember to do as she performs the calculations? Select an...

Answered: 1 week ago

Question

★★★★★
Question 5: Determine the resulting spring rate for the given arrangement of disc springs if the spring rate for a single disc is c! (4 points)

Answered: 1 week ago

Question

★★★★★
You are a contracting officer for a groundskeeping services contract with a base year period of performance and three, one - year option periods. The total contract value is $ 8 5 5 , 0 0 0 . The...

Answered: 1 week ago

Question

★★★★★
Analyse and critically Evaluate Dorian executives decisions concerning the selection of crew, by examining the cultural compatibility.

Answered: 1 week ago

Question

★★★★★
What expatriate behavior is best for Japanese managers who are sent to Germany?

Answered: 1 week ago

Question

★★★★★
Identify the difficulties in communication between bidder managers and target employees that are apparent in the case study?

Answered: 1 week ago

Previous Question Next Question