Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

v G18 x B D E F G H 14 16 13 747 1 Month 2 Item 1 3 Item 2 15 763 18 743

v
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
G18 x B D E F G H 14 16 13 747 1 Month 2 Item 1 3 Item 2 15 763 18 743 553 764 17 746 633 755 662 605 528 668 539 4 item 3 5 Item 4 576 496 627 377 647 287 738 673 250 832 835 6 3. Fill in actual sales and complete model for the next 6 months. Actual demand is on Sheet3. B D E 1 2 3 Month Item 1 Item 2 Item 3 Item 4 4 1 751 250 666 287 5 2 741 268 618 352 6 3 728 289 483 416 7 4 773 314 375 313 00 8 5 718 337 303 359 9 6 752 367 242 440 10 7 736 391 210 520 11 00 8 768 409 239 391 12 9 729 433 342 449 13 10 777 459 396 550 14 11 748 481 457 650 15 12 756 500 587 489 16 17 Assignment: 1. Graph each item's sales history on the Graphs tab. Give an example of a product that might fit that pattern. Item1 Item2 Item3 ;item4 2. Forecast the next 6 months of Item 4 using exponential smoothing, alpha = .3 Forecast for next 6 months: Month13 Month14 Month15 Month16 Month17 Month18 3. Fill in actual sales and complete model for the next 6 months. Actual demand is on Sheet3. 4. Determin error and bias of forecast: MAD MAPE TS

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

Advanced Financial Accounting An International Approach

Authors: Jagdish Kothari, Elisabetta Barone

1st Edition

0273712748, 978-0273712749

Students also viewed these Accounting questions