(b) [i] Naive The coming January = December = 23 [ii] 3-month moving (20 + 21 + 23)/3 = 21.33 [iii] 6-month weighted [(0.1 17) + (.1 18) + (0.1 20) + (0.2 20) + (0.2 21) + (0.3 23)]/1.0 = 20.6 [iv] Exponential smoothing with alpha = 0.3 [v] Trend Forecast = 15.73 + .38(13) = 20.67‚ where next January is the 13th month. (c) Only trend provides an equation that can extend beyond one month 4.23 Students must determine the naive forecast for the four months
Premium Harshad number Prime number Exponential smoothing
processes on the basis of their need in accomplishing one or more tasks.Functional area is a team of employees who have similar skills and expertise. It also allows managers to with similar skills and expertise to review the work done by the members of functions. Part of a business’s growth is the deployment of separate departments
Premium Management Marketing Organization
x=1±10 x=1+320 = 5 x=1-320= 10 There are two types of solutions to this problem which are x=1+320 = 5 and x=1-320= 10 2. a. The solution for this equation just by looking at the graph is (-2.3‚0) and (0‚6.3) b. This is a maximum function. The reason how I obtain my answer is because it is at the peak of the parabola c. (2‚ 9) d. the equation is x=2 3. a. s= -16t^2+64t+25 b. 73 Feet Show my work: S= -16◦(1)^2+64◦(1)+25 S= -16+64+25 S=73 feet C Answer is 2 seconds
Premium Function Maxima and minima
Study Guide for the Second Exam Aggregate Production Planning (APP) 1. What are the major inputs‚ constraints‚ and outputs of the aggregate production plan (APP)? Inputs - Strategic objectives of the corporation‚ policies‚ demand. Constraints - financial constraints (cash) and capacity constraints (machining capacity‚ limited labor in certain skill category‚ a critical component and/or raw material.) Outputs - is to determine the gross levels of inventory‚ overtime‚ subcontracting‚ backordering
Premium Inventory Forecasting Exponential smoothing
A Multiple Choice (Place all answers on SCAN TRON) 1 point each Identify the choice that best completes the statement or answers the question. What is an algebraic expression for the word phrase? 1. the sum of n and 9 2. The table shows how the height of a stack of DVDs depends on the number of DVDs. What is a rule for the height? Number of DVDs 2 3 4 n Height (cm) 18 27 36 ? What is the simplified form of each expression? 3. 4. 5. What is the simplified form of each
Premium Function Binary relation Real number
volatility increases. 3) 4) T T F F The critical path in a network of activities will be the path with the most number of activities. Forecasts are generally more accurate for individual products rather than for product families. In a simple exponential smoothing model the manager would prefer a large value for alpha if he/she wants to respond well to a system characterized by a low level of random behavior but often subjected to a real change in the
Premium Exponential smoothing Costs Variable cost
Authority (LCRA) has been studying congestion at the boat-launching ramp near Mansfield Dam. On weekends‚ the arrival rate averages 5 boaters per hour‚ Poisson distributed. The average time to launch or retrieve a boat is 10 minutes‚ with negative exponential distribution. Assume that only one boat can be launched or retrieved at a time. a.) The LCRA plans to add another ramp when the average turnaround time exceeds 90 minutes. At what average arrival rate per hour should the LCRA begin to consider
Premium Probability theory Arithmetic mean Poisson distribution
An Assignment On Forecasting Submitted To Dr. Tophan Patra Submitted By Kumail Murtaza MBA AVM SEM III R250211021 College of Management and Economic Studies (CMES) University of Petroleum and Energy Studies Dehradun‚ India Exponential Smoothing Class Values Ft+1 = α.Xt + (1- α).Ft ----------------------------------- Eqn 1 Ft+1----- Forecasted Value of the next period “t+1” α------- Smoothing Factor/Coefficient Xt------- Actual Value
Premium Exponential smoothing Forecasting Moving average
Coordinate Algebra Name: _____________________ 4.2.3 Residuals Date: _____________________ Introduction The fit of a linear function to a set of data can be assessed by analyzing__________________. A residual is the vertical distance between an observed data value and an estimated data value on a line of best fit. Representing residuals on a___________________________ provides a visual representation of the residuals for a set of data. A residual plot contains the points:
Premium Statistics Regression analysis Mathematics
Accounting Estimate • Accounting estimate – An approximation of a monetary amount in the absence of a precise means of measurement. This term is used for an amount measured at fair value where there is estimation uncertainty‚ as well as for other amounts that require estimation. PSA 540 9 The auditor shall review the outcome of accounting estimates included the prior period financial statements‚ or‚ where applicable‚ their subsequent re-estimation for the purpose of the current period. The nature
Premium Time series Time series analysis Exponential smoothing