Not all the items in your office supply store are evenly distributed as far as demand is concerned, so you…
What would you have liked to have known before choosing your major?
August 8, 2017Research possible topics in local newspapers, and be sure to provide references for any outside sources you use in your proposal.
August 8, 2017Not all the items in your office supply store are evenly distributed as far as demand is concerned, so you…
QuestionNot all the items in your office supply store are evenly distributed as far as demand is concerned, so you
Not all the items in your office supply store are evenly distributed as far as demand is concerned, so you decide to forecast demand to help plan your stock. Past data for legal-sized yellow tablets for the month of August are
Week 1 200
Week 2 300
Week 3 500
Week 4 600
a.
Using a three-week moving average, what would you forecast the next week to be? (Round your answer to the nearest whole number.)
Forecast for the week 5
b.
Using exponential smoothing with ? = 0.40, if the exponential forecast for week 3 was estimated as the average of the first two weeks [(200 + 300)/2 = 250], what would you forecast week 5 to be? (Round your answer to the nearest whole number.)
Forecast for the week 5
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