Processing center uses exponential smoothing to forecast

Assignment Help Operation Management
Reference no: EM131626152

A? check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks received in June was 38 ?million, while the forecast was 43 million. A smoothing constant of 0.15 is used. ?a) Using exponential smoothing and given alpha α?, the forecast for the month of July? = 42.3 million checks received ?(round your response to one decimal? place). ?b) If the? check-processing center received 44 million checks in the month of? July, then using exponential smoothing and given alpha α?, the forecast for the month of August? = million checks received ?(round your response to one decimal? place).

Reference no: EM131626152

Questions Cloud

The internal analysis to leading strategic planning process : What are the remedies for an internal cost disadvantage? What is the Internal analysis to leading the strategic planning process.
Uses exponential smoothing to forecast : A? check-processing center uses exponential smoothing to forecast the number of incoming checks each month.
Does the current accounting framework meet the needs of the : Does the current accounting framework meet the needs of the users of financial reports as prescribed in the objective of the Conceptual Framework of Accounting
Advanced as rationale underlying seniority pay : Human capital theory has been advanced as a rationale underlying seniority pay.
Processing center uses exponential smoothing to forecast : A? check-processing center uses exponential smoothing to forecast the number of incoming checks each month.
Basic elements of individual behavior in organizations : Search online and read about Myers-Briggs personality types. Here is a reliable source. The four key managerial functions are.
Ethical way to market to vulnerable groups : Is there an ethical way to market to vulnerable groups?
Which is not compatible with higher customization : Which is Not compatible with higher customization?
Discuss vulnerability and susceptibility : Discuss vulnerability and susceptibility? We know vulnerablility.

Reviews

Write a Review

Operation Management Questions & Answers

  Why is the examples you gave ethical dilemma

List the ethical dilemmas, concepts, and theories that impact your scenario. In other words, why is the examples you gave ethical dilemma? Pick one of the ethical dilemmas/scenarios you identified above and describe 3 alternatives ways that a project..

  Find an organization with mission and vision statement

Find an organization with a mission and/or vision statement. What values do you see reflected in the statement? What important values are absent in your opinion?

  Annual inventory cost under the optimal inventory policy

Inventory Management, EOQ In 2014, BabyStuff, a fictional U.S. manufacturer of children's apparel has an average inventory of around $350,000,000, and the cost of goods sold is around $1,050,000,000. What is the store’s annual inventory cost under th..

  Company specializing in young children educational games

Hector Gaming Company Hector Gaming Company Hector Gaming Company ( HGC) is an educational gaming company specializing in young children’s educational games. HGC has just completed their fourth year of operation. This year was a banner year for HGC. ..

  Recognize the positive and negative features of chaebols

lge is one of the leading global companies in the industry. it is composed of five divisions air conditioning business

  Why the strategy for a for-profit company

Give and justify one reason why the strategy for a for-profit company could be supported by creating an ethical culture similar to that of Goodwill. Give and justify one reason why a for-profit company might have difficulty creating such a culture..

  Teaching upper-level course in corporate finance

Alice Stewart, who is the CFO of Meyers Foods, is teaching an upper-level course in corporate finance at the University of Phoenix. One of the assignments Alice gave her class was to compute the component costs of capital for Meyers Foods. Which of t..

  Corruption and bribery are common in some countries

Corruption and bribery are common in some countries. Would you simply avoid locating in such a country, or locate there and deal with it? If the latter, how would you deal with it?

  What are the factors affecting the intensity of rivalry

What are the factors affecting the intensity of rivalry in the industry in which your company is competing? Use figure 3.4 and the accompanying discussion to help you in pinpointing the specific factors most affecting competitive intensity.

  Which activities would be cost effective to accelerate

As a project manager you have a project that may be accelerated by added revenue. However, each activity has its own individual acceleration cost. Based on what we have learned thus far in the course, what decision rules do you think can be developed..

  Create the network diagram in the application

Create the network diagram in the application of your choice and then insert a screen shot of the diagram here. The diagram can be created easily in MS Word using the Insert Shapes function.

  Significant problems for firms pursuing alliance strategies

If adverse selection, moral hazard, and holdup are such significant problems for firms pursuing alliance strategies, why do firms even bother with alliances? Why don't they instead adopt a "go it alone" strategy to replace strategic alliances?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd