Op Man HW 5 Chapters 14 & 18

Us ing s imple ex ponential s moothing what would y

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: e­month mov ing av erage, mak e a forec as t for this month. (Round your answer to the nearest whole num ber.) Forec as t for this month 338 units b. If 275 units were ac tually demanded this month, what would y our forec as t be for nex t month, again us ing a 3­month mov ing av erage? (Round your answer to the nearest whole num ber.) Forec as t for the nex t month 305 units c. Us ing s imple ex ponential s moothing, what would y our forec as t be for this month if the ex ponentially s moothed forec as t for three months ago was 425 units and the s moothing c ons tant was 0.30? (Round your answer to the nearest whole num ber.) Forec as t for this month 364 ± 1% units Explanation: a. F (this month) = (315 + 325 + 375)/3 = 338 units b. F (nex t month) = (275 + 315 + 325)/3 = 305 units c. F (two months ago) = 425 + 0.30(375 − 425) = 410 units F (one month ago) = 410 + 0.30(325 − 410) = 385 units F (this month) = 385 + 0.30(315 − 385) = 364 units http://e z to.mhe c loud.mc gr a w- hill.c om/hm.tpx? todo= pr intvie w 8/10 1/29/2014 7. Assignme nt Pr int Vie w awa...
View Full Document

This note was uploaded on 01/29/2014 for the course MAN 4504 taught by Professor Georgekyparisis during the Fall '09 term at FIU.

Ask a homework question - tutors are online