Sales at morton bakery over the past 10 weeks are given in

Assignment Help Econometrics

Reference no: EM13378000

Sales at Morton Bakery over the past 10 weeks are given in the table below:

Week

Week t Sales ($)At

1 2500

2 2450

3 2680

4 2910

5 2450

6 2290

7 2460

8 2360

9 2540

10 2620

a) Use exponential smoothing with a smoothing constant of .6 to produce forecasts from the data. Use 2500 as your forecast of demand for week 2.

b) Use exponential smoothing with a smoothing constant of .3 to produce forecasts from the data. Use 2500 as your forecast of demand for week 2.

Reference no: EM13378000

Questions Cloud

On juans twenty-sixth birthday he deposited 6000 in a : on juans twenty-sixth birthday he deposited 6000 in a retirement account. each year thereafter he deposited 1000 more

Health administration question-answer each of the : health administration question-answer each of the questions below note that each question is of equal weight and that

1 assume you are a policymaker in washington dc : 1. assume you are a policymaker in washington dc. lobbyists for the preschoolers of america have put pressure on

Youve recently learned that the company where you work is : youve recently learned that the company where you work is being sold for 380000. the companys income statement

Sales at morton bakery over the past 10 weeks are given in : sales at morton bakery over the past 10 weeks are given in the table belowweekweek tnbspnbspnbspnbspnbspnbspnbspnbsp

Over a period of years a toothpaste has received a mean : over a period of years a toothpaste has received a mean rating of 5.9 on a 7-point scale for overall customer

New horizons airlines wants to forecast the mean number of : new horizons airlines wants to forecast the mean number of unoccupied seats per flight to germany next year. to

The weights of a population of parts made by a certain : the weights of a population of parts made by a certain machine are normally distributed with a mean of ten pounds and a

Tennessee just instituted a state lottery the initial : tennessee just instituted a state lottery. the initial jackpot is 100000. if the first week yields no winners the

User Account

All Pages