Topic: Forecasting

3. In the month of July, you have forecasted units of 95 and the actual is 91. For the month of August, you have a forecast of 98 using something constant of 20 percent and the actual is 102. What will be the forecast for the month of September using the same something constant? a. 99 b. 95 c. 98 d. 94 4. Continuation of number 3 problem. If the actual units for the month of September is 110, what will be the forecast for the month of October using the same smoothing constant? a. 97 b. 100 C. 98 d. 101 7, n=14 Et=401 Ey=1,175 Ety=34,794 Et' =13,303 What is the slope of the line (b)? a. 0.63 b. -0.11 c. 2.96 d. 2.76 8. Continuation of number 7 problem. What is the height of the trend line (a)? a. 922.37 b. 101.97 C. 65.88 d. 1427.63 9. Refer to answers #7 & #8. If t is 43, what will be its forecast? a. 61.15 b. 193.16 c. 92.97 d. 220.65 10. Period 1 2 3 4 5 6 Forecast 60 90 99 105 117 119 Actual 5094 109 118 120 123 Forecast the next period using weights of 0.3, 0.5, 0.1 a. 108 b. 120 c. 119 d. 109 11. Continuation of number 10 problem. If the actual turns out to be 139, what will be the forecast for the next period? a. 122 b. 118 c. 128 d. 130 12. Refer to the table in problem 10. Forecast the next period using 4-period moving average. a. 95 b. 97 C. 110 d. 118 13. Continuation of number 12 problem. If the actual turns out to be 125, what will be the forecast for the next period? a. 117 b. 122 c. 104 d. 101