Use the multiplicative seasonal technique for stationary data to model the data Use Solver to determine the optimal values of and a What are the optimal values of and b Prepare a line graph comparing the predictions from this method against the original data c What are the forecasts for the next fo...

a 016204 03957MSE 005434 b Seasonal Year Month Period Avg Hrs Level Factor Forecast alpha 016204 1998 Jan 1 344 3447 100 beta 03957 Feb 2 342 3447 099 ...

Use the multiplicative seasonal technique for stationary data to model the data. Use Solver to determine the

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Use the multiplicative seasonal technique for stationary data to model the data. Use Solver to determine the optimal values of α and β.

a. What are the optimal values of α and β?

b. Prepare a line graph comparing the predictions from this method against the original data.

c. What are the forecasts for the next four months using this technique?

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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Management Science

ISBN: 167

5th Edition

Authors: Cliff T. Ragsdale

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Question Posted: Nov 03, 2012 06:28 AM

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Use the multiplicative seasonal technique for stationary data to model the data. Use Solver to determine the

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Spreadsheet Modeling And Decision Analysis A Practical Introduction To Management Science

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