Homework 4 SP09

Homework 4 SP09 - Homework #4 Due 03/24/09 Chapter 9 Note:...

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Homework #4 – Due 03/24/09 Chapter 9 Note: Round all forecasts to the nearest whole number 1. For Periods 4-6, calculate a 2 period moving average forecast Period Demand Forecast 1 68 2 75 3 71 4 79 5 75 6 78 2. For Periods 4-6, calculate a 3 period weighted moving average forecast with W t = .50, W t-1 = .30, W t-2 = .20 Period Demand Forecast 1 68 2 75 3 71 4 79 5 75 6 78 3. For Periods 2-6, calculate an exponential smoothing forecast with α = .3 Period Demand Forecast 1 68 70 2 75 3 71 4 79 5 75 6 78
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4. For Periods 1-6, calculate AF t+1 , an exponential smoothing forecast with Trend with α = .3 and β = .7 (HINT: You can use the Forecast from problem 3 – you only need to calculate Trend and add it to Forecast to get AF – Formula 9.5). Round Trend to the nearest whole number. Period Demand Forecast Trend Adjusted Forecast 1 68 70 2 2 75 3 71 4 79 5 75 6 78 5. For the following data, calculate MAD and MFE Period Demand Forecast 1 68 65 2 75 72 3 71 76 4 79 82 5 75 75 6 78 81
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6. You are trying to determine an appropriate number of pizzas to order depending on the size of the student group. You tracked the number students as well as the number of pizzas eaten at the last 6 events. Use the following data to create a linear regression forecasting model to predict the number of pizzas needed. Express your answer as:
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This note was uploaded on 04/21/2009 for the course BUS 370 taught by Professor Favre during the Spring '08 term at N.C. State.

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Homework 4 SP09 - Homework #4 Due 03/24/09 Chapter 9 Note:...

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