The US monthly inflation rate for 2016 is shown below: a. Compute the inflation rate for January
Question:
a. Compute the inflation rate for January 2017 using the exponential smoothing forecast using α = 0.3 and 0.5. Assume that the forecast for February is 1.
b. What is the MAD for the forecasts generated using exponential smoothing method?
Transcribed Image Text:
Inflation Month Month Inflation 0.8 January 1.4 July February 1.0 August 1.1 March September 0.9 1.5 April 1.1 October 1.6 May 1.0 November 1.7 June 1.0 December 2.1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
a Alpha 03 F 2 14 F 3 F 2 aA 2 F 2 1403114 128 F 4 F 3 aA 3 F 3 1280309128 1166 F 5 F 4 aA 4 F 4 116...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Principles of Supply Chain Management A Balanced Approach
ISBN: 978-1337406499
5th edition
Authors: Joel D. Wisner, Keah Choon Tan, G. Keong Leong
Question Posted:
Students also viewed these Business questions
-
Consider a simple economy that produces only three products: haircuts, hamburgers, and Blu-rays. Use the information in the following table to calculate the inflation rate for 2016, as measured by...
-
Street Company was formed and began business on January 1, 2016, when R. B. Street transferred merchandise inventory with a value of $60,000, cash of $55,000, accounts receivable of $60,000, and...
-
Holly has recognized a $9,000 STCL. She has no other recognized capital gains and losses in 2016. She is considering the sale of a Sec. 1231 asset held for four years at a $5,000 gain in 2016. She...
-
The manager of a $20 million portfolio of domestic stocks with a beta of 1.10 would like to begin diversifying internationally. He would like to sell $5 million of domestic stock and purchase $5...
-
Amazon.com, Inc. serves its customers through its retail Web sites, selling millions of unique products. In addition, the company manufactures and sells electronic devices including Kindle e-readers...
-
Describe the profile of ahospitality consultant. LO.1
-
Seven experimental treatments, A, B, C, D, E, F and G, are to be compared in a replicated experiment. However, the experimental units form natural groups of six, so one treatment must be omitted from...
-
In its May 31, 2017 annual report, Maloneck Ltd. (Maloneck) reported that it had inventory of $175,000 and accounts payable of $104,000 on May 31, 2016, and inventory of $196,000 and accounts payable...
-
Suppose you bought a new home for $240,000 using a 30-year mortgage with monthly payments of $1,548.667. The annual interest rate of the mortgage is 6.7%. After the first 3 years (36 monthly...
-
Westerville Company reported the following results from last year's operations: Sales . . . . . . . . . . . . . . . . . . . . . . $1,000,000 Variable expenses . . . . . . . . . . . . . 300,000...
-
Explain the impact of the smoothing constant value on the simple exponential forecast.
-
The Toro Cutlery Company has collected monthly sales information below: The company is examining two forecasting methods, moving average and exponential smoothing for forecasting sales. a. What will...
-
Estimate the number of automobile repair shops in the city you live in by considering its population, how often an automobile needs repairs, and how many cars each shop can service per day. Then look...
-
4. (7%) Problem 4: Consider a 570 nm light falling on a single slit of width 1.1 m. Randomized Variables =570 nm w=1.1 um Forbes, David david.forbes@doane.edu @theexpertta.com - tracking id:...
-
(b) The following results are obtained in a double-slit experiment using light from a helium-neon gas laser: Width of 15 fringes = 3.0 cm Separation of slits = 1.5 mm Slit-to-screen distance = 2.5 m...
-
Read the mini-case, Ben and Jerry's Corporate Activism, and answer the following question: What are the pros and cons of Ben and Jerry's political activism when compared to other corporate political...
-
TOPIC : PROBLEMATIZATION - SECOND CURVE THINKING 1. What is second curve thinking?( a More in depth explanation ) 2. What are the implicit assumptions of second curve thinking? ( a More in depth...
-
I think the Power Distance measure in Hofstede's model (Hofstede Insights, n.d.) is particularly interesting.I led divisions in the U.S., New Zealand, and Thailand.Those three countries represented a...
-
The data in the table show the global mean land-ocean temperature index (using a base period of 19511980) for various years. Make a time series graph of these data. Year Temperature index (C) 1990...
-
Integration is a vital concept when applied in one?s life. Integrating your life means making ideal choices. Perfect choices on the other go in line with quality decisions. Quality decisions lead to...
-
Is the online channel likely to be more beneficial in the early part or the mature part of a products life cycle? Why?
-
Why has the online channel been more successful in the computer hardware industry compared with the grocery industry? In the future, how valuable is the online channel likely to be in the computer...
-
What type of distribution network is best suited to highly differentiated products?
-
Series of Compound Interest Techniques The following are several situations involving compound interest. Required: Using the appropriate table, solve each of the following: ( Click here to access the...
-
If Clark Kelly has recognized gain on an exchange of like-kind property held for investment use, where does Clark report the gain? First on Form 8824, then carried to Schedule D. First on Form 8824,...
-
An investor put 40% of her money in Stock A and 60% in Stock B. Stock A has a beta of 1.2 and Stock B has a beta of 1.6. If the risk-free rate is 5% and the expected return on the market is 12%,...
Study smarter with the SolutionInn App