Determine initial values of the intercept and slope

Assignment Help Management Theories

Reference no: EM131463059

Question: Consider the data for Problem.

a. Using the data from Years 2 and 3, determine initial values of the intercept, slope, and seasonal factors for Winters's method.

b. Assume that the observed demand for the first quarter of Year 4 was 18. Using

α = .2, β = .15, and γ = .10,

update the estimates of the series, the slope, and the seasonal factors.

c. What are the forecasts made at the end of the first quarter of Year 4 for the remaining three quarters of Year 4?

Problem: A popular brand of tennis shoe has had the following demand history by quarters over a three-year period.

Reference no: EM131463059

Questions Cloud

Obtain estimates for the monthly seasonal factors : Sales of walking shorts at Hugo's Department Store in downtown Rolla appear to exhibit a seasonal pattern. The proprietor of the store, Wally Hugo.

Healthcare leadership and environmental factors : How do issues in the following areas impact urgent and primary care clinics?: Economic, Political and Social.

What job characteristics were missing : Read Herzberg's Motivation-Hygiene Theory. In week one, consider a job you have held that you did NOT find motivating. What job characteristics were missing?

Does the company mention all three components of the triple : Search the internet for a company (any company except the one that is the focus of our case study) that claims to use sustainable business practices.

Determine initial values of the intercept and slope : Consider the data for Problem. a. Using the data from Years 2 and 3, determine initial values of the intercept, slope, and seasonal factors for Winters's method

Estimating the preparing for risk : We deal with risks everyday but in most cases we don't really give it a second thought. Whether it having smoke detectors in our home or an evacuation plan.

How does the plan measure up in terms of meeting ethical : How does the plan "measure up" in terms of meeting ethical and legal responsibilities to stakeholders? How might you improve it? Explain.

Common direction for a common goal : How do transformational leaders engage, motivate and get teams moving in a common direction for a common goal?

Authoritative sources retrieved from saudi electronic : Be sure that you thoroughly support your response with authoritative sources retrieved from the Saudi Electronic University library.

User Account

All Pages