Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the following data to answer Questions 13 - 14. Past period Demand June 45 July 55 Aug. 57 Sept. 48 Oct. 50 13) Compute

image text in transcribed
image text in transcribed
Use the following data to answer Questions 13 - 14. Past period Demand June 45 July 55 Aug. 57 Sept. 48 Oct. 50 13) Compute a weighted moving average forecast for November. Use the following weights: 0.5 for Oct., 0.2 for Sept., and 0.3 for August. a. 51.7 b. 51.0 c. 48.18 d. 52.4 14) Compute an exponential smoothing forecast for November. Assume forecast for September is 46.5 and use a smoothing constant equal to 0.6. a. 51.0 b. 48.18 c. 51.7 d. 48.96

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_2

Step: 3

blur-text-image_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

E-Marketing

Authors: Judy Strauss, Raymond Frost, Adel El Ansary

5th Edition

0136154409, 9780136154402

More Books

Students also viewed these Economics questions

Question

3. Call on low achievers as often as you do high achievers.

Answered: 1 week ago