Op Man HW 5 Chapters 14 &amp; 18

# Us ing s imple ex ponential s moothing what would y

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

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