Using the factory energy cost data in Exhibit 11.11, find the best moving average and exponential smoothing
Question:
kMSE
2 ... 267109.98
3 ... 420795.85
4 ... 544054.44
Transcribed Image Text:
Exhibit 11.11 Factory Energy Costs (This is available in the OM5 Data Workbook on the CourseMate Web site.) B D. E H 1 Factory Energy Costs 2 Year Energy Costs 1 $15,355.38 2 $15,412.91 3 $15,926.64 Energy Costs 3 20000 4 5 19000 4 $16,614.18 5 $16,918.69 6 $16,837.14 7 $16,812.51 8 $17,102.45 9 $17,461.89 10 $17,846.76 18000 7 17000 8 16000 9 10 15000 11 14000 12 13000 13 11 $18,187.93 12000 14 12 $18,782.19 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 15 13 $18,863.18 Year 16 14 $18,914.00 17 15 $19,319.15
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Related Book For
OM operations management
ISBN: 978-1285451374
5th edition
Authors: David Alan Collier, James R. Evans
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