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Explanation about Forecasting Techniques: Exponential Smoothing
YEAR 1 2 3 4 5 6 7 8 9 10 11
DEMAND 7 9 5 9 13 8 12 13 9 11 7
Problem- Develop a forecast for year 2 through 12 using exponential smoothing with a = .4 and a forecast for year 1 of 6. Plot your new forecast on a graph with the actual data and the native forecast. Based on a visual inspection, which forecast is better?
I need helpto explain the forecasting technique and draw a new forecast on a graph with the help of actual information and the native forecast.
Role of Information Technology in todays time and how are managers affected with MIS?
Do you agree with Maggie Brown's accounts receivable policy? Illustrate what are the alternatives for solving the business's cash problem?
No additional fixed costs would be incurred if this proposal is accepted
Analyzing the case more closely, speculate which definition of quality each of the four main players was adhering to and discuss your rationale for each employee.
Develop a decision analysis formulation of problem if the single item is not inspected in advance. Obtain an optimal policy for this model.
Solve the following LP using Revised Simplex Method, Solve the following transportation problem (Using VAM, Compute initial basic solution).
Critically analyse the role of different stakeholders in tourism planning and policy
problem 1solve the following problem graphically please be neat suggestion use some graphing software such as
The purpose of this assignment is for you to reflect on practical case studies and consider how these relate to the material covered in Foundations of Operational Research and Business Analysis.
Jatry Corporation's budget sales are $300,000, its budgeted variable expenses are $210,000 and its budgeted fixed expenses are $60,000. Illustrate what is the company's break-even in dollar sales amount?
Explain about Decision analysis problem
Consider a two-person, zero-sum game where the payoffs listed below are the winnings for Player A. Identify the pure strategy solution. What is the value of the game?
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