FCT 1 Given an actual demand of 103‚ a previous forecast value of 99‚ and an alpha of .4‚ the exponential smoothing forecast for the next period would be FCT 2 A forecasting method has produced the following over the past five months. What is the mean absolute deviation (MAD) ActualForecastErrorError1011-11810-22108 2266 0098 11 FCT 3 What is the forecast for May based on a weighted moving average applied to the following past demand data and using the weights .5‚ .3‚ .2 (largest weight is for
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Data Analysis In this study‚ the quantitative data which was obtained through questionnaire which is used analyzed using descriptive statistics of central tendency measurements and percentages. The data was first coded‚ organized and discussed using mean‚ mode‚ frequency and median. The median will be used to show the central tendency for the ordinal scales and skewness to show the distribution of the population. In addition‚ percentages will be used for the nominal scale especially in the demographic
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1. Matching For each term below‚ find the best definition from the list on the right. Enter the correct definition’s answer letter on the term’s blank line. Example: __L____ __F__ autotroph __J__lithotroph __H__heterotroph __C__obligate aerobe __M__obligate anaerobe __D__facultative A. an organism that consumes methane. B. B. an organism that creates methane. C. an organism that requires oxygen. D. an organism that can tolerate either
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Running head: NOTABLE CREATOR: CHARLES M. RUSSELL Notable Creator: Charles M. Russell University of Phoenix Notable Creator: Charles M. Russell Charles Marion Russell was truly a notable creator and artist. Accomplished in not only one form of artistic creation‚ but excelled as a painter‚ illustrator‚ sculptor and writer. Born early in March 1864 on the edge of the western frontier in St. Louis‚ Missouri‚ a unique relationship with the wild American West sprouted. While in his youth
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The poem ‘Waking with Russell’ is written by the poet‚ Don Paterson. Paterson depicts a relationship between a father and his new born son from his point of view. The poem is written in the form of a sonnet‚ however it is split into a sestet and an octet respectively. In the first six lines the speaker‚ Paterson‚ talks about the beginning of fatherhood and in the next eight lines he describes how it has impacted his life. Paterson speaks in first person throughout the poem‚ he addresses it to the
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Comment on the forecasting system being used by Yankee. What would be the smoothing forecast for Yankee for Month 1 of Year 5 using the four Month 1 data points in each of the last 4 years using an alpha of .3. (the demand for Month 1 of year 1 is the most historical data point.) Do this manually setting the very first forecast equal to the very first demand value)
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Andrew Pole had just started working as a statistician for Target in 2002‚ when two colleagues from the marketing department stopped by his desk to ask an odd question: “If we wanted to figure out if a customer is pregnant‚ even if she didn’t want us to know‚ can you do that? ” Pole has a master’s degree in statistics and another in economics‚ and has been obsessed with the intersection of data and human behavior most of his life. His parents were teachers in North Dakota‚ and while other kids were
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Caroline Walsh BADM 3601 – Operations Management Assignment # 4 Due: Monday November 12th ‐ 5:00 PM (a) A study‐aid desk manned by a graduate student has been established to answer student’s questions and help in working problems in your OM course. The desk is staffed eight hours per day. The dean wants to know how the facility is working. Statistics show that students arrive at a rate of four per hour‚ and the distribution is approximately Poisson. Assistance time averages 10 minutes‚ distributed
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Monomyth or the hero’s journey is a basic pattern‚ which is found in many narratives and myths from around the world. The monomyth is “one of the dominant archetypal pattern in literature‚ film‚ and even video game text is the story of a journey.” Through an in-depth analysis of The Step not taken by Paul D’Angelo‚ this essay will give an explanation of the three stages of a monomyth. The monomyth is made up of three stages that the hero moves through. The stages are departure or separation‚ struggle
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The concept of thinking as opposed to teaching. Jenna Bailey The films An Education and The History Boys have their similarities and differences. At the end of The History Boys directed by Nick Bowling the message sent to the viewers indicated that education was important but experience and thinking contributed to your
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